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11mo
timepasstiwari
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Intel's Massive Layoffs: Will India Feel the Pinch?

Tech giant Intel is slashing over 10,000 jobs and cutting $10 billion in costs globally! With a significant presence in India, will this impact Indian employees and the country's tech landscape?🤷‍♂️
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an operations executive
9mo
whenever we see any news of mass layoffs that too in US it badly disrupts the Indian Market. It also affects the recruitment process in many organizations.
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awesomesnail
11mo
works at
And as usual the normal employees have to face the consequences of the wrongdoings of their management. But with all happening at Intel at the moment this does not surprise me...
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splendidpakora
11mo
A Marketing Manager
[butterymojito](username) So let me get this right. Intel sold a CPU with a fault. Ok fine shit happens. But then they refuse to issue a recall and in response to their OWN f ups they fire their staff to cut losses, that they caused. I'll be shocked if their stocks doesn't drop more than 10%
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exoticmagpie
11mo
works at
10K people. I don't care whether or not that's "a small percentage" of Intel's total headcount: that's 10K people out of a job and that's heartbreaking.
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betipushpa
11mo
student at
Jamia Millia Islamia
Intel is still paying the price for the bad management of its past two CEOs. Brian Krzanich (CEO between 2013 and 2019) was responsible for not getting 10nm up to speed and losing the lead and his successor Bob Swan (CEO between 2019 and 2021) was an MBA, which is just about all you need to know.
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