Intel Confirms “Massive” Layoffs amid Worsening CPU Market

[Tsing]

Intel has sent out a statement confirming that it's going to lay off a bunch of people. The company didn't say what divisions were affected or how many people were about to lose work, but according to a tweet from Dylan Patel, who teased the news over the weekend, Intel's Datacenter and Client computing groups are getting their budgets reduced by around 10%. Coverage from The Oregonian points out Intel's CPU sales being down by 38% over the past six months.

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[Uvilla]

How does this affect plans for new chip factories and such. We really need these things.

 

[Grimlakin]

How does this affect plans for new chip factories and such. We really need these things.

Honestly it doesn't. Most layoffs like this to aid in execution end up targeting middle management and low level tech workers. I suspect we'll see some pruning of the engineering teams and have some folks transition back to amd for their gpu and cpu markets.