this post was submitted on 01 Aug 2024
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250
Intel allegedly plans imminent lay off of thousands of employees to fuel turnaround (www.tomshardware.com)
submitted 3 months ago by [email protected] to c/[email protected]
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cross-posted from: https://lemm.ee/post/38509017

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[โ€“] [email protected] 9 points 3 months ago (1 children)

So much this to the point that the title pisses me off for supporting the idea that share price is the appropriate metric for a 'turnaround '.

[โ€“] [email protected] 10 points 3 months ago* (last edited 3 months ago)

But the processor quality issue has already been turned around by telling customers there will be no refunds. Surely the execs deserve big bonuses for thinking of such a simple and brilliant move.