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Intel plans thousands of job cuts in face of PC slowdown

bloomberg.com

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Re: Intel plans thousands of job cuts in face of PC slowdown

#91

Post by skippyboxedhero »

prottog wrote: post #47
dozgon wrote: post #28

Earlier quoted context omitted.

I made a mistake here. I no longer stand fully by that statement. For details, consider my later reply. Original text: It is. The article does not say where this will occur. They cannot lay off people from the EU like that. It's not that easy. Unlike the US, EU countries are welfare states.

Harder to fire, harder to hire, without fail.

If you have a strong welfare state, it should make it easier to fire.

This is the case in Denmark, some countries offer incentives to lay staff off temporarily but, generally, it isn't the case (which is why you have unbelievable levels of unemployment in Europe).

Re: Intel plans thousands of job cuts in face of PC slowdown

#93

Post by ISL »

jrockway wrote: post #58
hn_throwaway_99 wrote: post #40

Earlier quoted context omitted.

> It's absolutely incredible to watch these formerly phenomenally innovative companies falter at that very core competency of staying cutting edge but we see it happen over and over again. To be frank, I think that's a great thing. I don't want companies to stay giant in perpetuity, I think it's great that they are essentially "recycled" when new, better companies come along and eat their lunch. If anything I think i…

> I think it's great that they are essentially "recycled" when new, better companies come along and eat their lunch. Don't you have on the order of tens of thousands of dollars invested in Intel through retirement savings, though? When S&P 500 companies fail, your retirement savings become worthless. (Apple is really the one you want to watch out for, though!)

If you're invested broadly in the S&P, so long as companies are "properly" valued, it is okay if INTC falls and AMD rises.

If a major player is massively overvalued, though, then index funds, too, will feel some pain as the exuberance in a major player dissipates.

I hold some INTC directly after having been extremely impressed with the company's dedication to rigorous process in engineering interviews in the mid-2010s. I'm sad to see such a great company go through hard times.

Re: Intel plans thousands of job cuts in face of PC slowdown

#95

Post by katmannthree »

pantulis wrote: post #78
jrockway wrote: post #58

Earlier quoted context omitted.

> I think it's great that they are essentially "recycled" when new, better companies come along and eat their lunch. Don't you have on the order of tens of thousands of dollars invested in Intel through retirement savings, though? When S&P 500 companies fail, your retirement savings become worthless. (Apple is really the one you want to watch out for, though!)

Not a US citizen, but aren't the retirement funds managed by someone who should be held responsible for not diversifying?

Whether or not they're ``held responsible'' to the degree anyone in such a position in the US is (i.e. lolno), grocery stores and retirement homes do not accept epicaricacy as payment.

Re: Intel plans thousands of job cuts in face of PC slowdown

#96

Post by indymike »

jason-phillips wrote: post #81
hn_throwaway_99 wrote: post #40

Earlier quoted context omitted.

> It's absolutely incredible to watch these formerly phenomenally innovative companies falter at that very core competency of staying cutting edge but we see it happen over and over again. To be frank, I think that's a great thing. I don't want companies to stay giant in perpetuity, I think it's great that they are essentially "recycled" when new, better companies come along and eat their lunch. If anything I think i…

> I think that's a great thing. I don't want companies to stay giant in perpetuity... Except that semiconductors are a national security issue at the moment.

> Except that semiconductors are a national security issue at the moment.

Maybe too big is a national security issue, too.

Too big to fail is a real problem for any part of our economy.

Re: Intel plans thousands of job cuts in face of PC slowdown

#97

Post by mrkramer »

This blog post[0] explains it pretty well: "Fewer and fewer computer users think their computer is too slow." And therefore they only buy new computer if the current one breaks. "This happens less and less often. Even most disk drives, which are about the most mechanical part of a computer system, come with at least a 3 year warranty."

"It means that computer purchasing decisions are no longer made based on price/performance or just performance, like in the dark ages. Now, when somebody decides to buy a new computer it will be price alone, or maybe price and service, that determines which computer to buy."

[0] https://jlforrest.wordpress.com/2015/12/18/the-forrest-curve...

Re: Intel plans thousands of job cuts in face of PC slowdown

#98

Post by Aaronstotle »

I remember 10 years when I get interested in building a computer and the general consensus was that AMDs bulldozer debacle had them on life support.

Intel's dominance was practically guaranteed for five years, I knew Zen was going to be successful but I was surprised to see that they've successfully flipped the script and Intel is in a bind.

Re: Intel plans thousands of job cuts in face of PC slowdown

#99

Post by raverbashing »

agloeregrets wrote: post #51
Kukumber wrote: post #22

Hopefully for them that includes executives and managers, they are the ones responsible of the death of that company, not the engineers Congrats to Apple and AMD for having done better Microsoft ignoring AMD in their latest Surface lineup is a hint for the people looking for answers

> Microsoft ignoring AMD in their latest Surface lineup is a hint for the people looking for answers I think the entire new surface line-up is a giant conspiracy. The Surface Pro 9 5G has a Qualcomm 8cx Gen 3 with some tweaks called the SQ3. It does not match the performance of 12 Gen intel in a 15w power envelope, which is important because the Surface Pro 9 non-5G (intel) uses an i5-1235u, a 15w chip. But the last…

So, it seems they're shooting themselves in the foot

Surface pads do not seem to be too popular and might become even less now

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