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Intel had over 130,000 employees as of a couple of months ago. 15% layoffs is nearly 20,000 people.
by StringyBob 2y ago
Intel had over 130,000 employees as of a couple of months ago.
15% layoffs is nearly 20,000 people.
- IamLoading 2y agoThats crazy! Meta got such huge press when they laid of 10k people.
- up2isomorphism 2y agoFor people who does not have the context, intel operates totally differently from big techs. Stack ranking is not a concept there, you can stay 30 years there without having to be worried about be marked as bottom x%. So for meta you can imagine there is 6% cut every year without layoff a single employee.