Intel allegedly plans imminent lay off of thousands of employees to fuel turnaround

"Could it be that we pay the top brass too much? Nonono, that's not it. Cut workers that depend on us to survive."

Aren't they recalling two complete SERIES of CPUs?

Guess those execs really need their bonuses

so they should have some spare money to send me a new CPU to replace my fucked raptor lake CPU.

It feels like its always the same with big companies trying to please their stakeholders. They just manoeuvered themselves into a very bad corner by planning super short term and trying to milk each product to their limits. All of this because they were super dominant for a long time. But as soon as they experience pressure by amd, apple m1 series or qualcom, to actually perform, they crumble under their own short term planning. It feels like their existence ist onley based on their reputation from several years back and the lack of research done by the customers