Intel is laying off over 15,000 employees and will stop ‘non-essential work’

That’s a lot of layoffs.

So they got all that money from Uncle Sam's CHIPS Act only to lay off 10,000 employees and make themselves "lean". Govt funded unemployment.

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236 comments

While i dont like intel, I hope they wont sack GPU division.
- They won't. That's their springboard into that multi trillion dollar AI market everyone keeps talking about
  
  unless some MBA decides that it's better to sell single purpose expensive ai boards without video output

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