zlacker

>>fancy_+(OP)
> 15% headcount reduction to 75,000

> Return to office in September

So 15% reduction now and another stealth reduction in September

>>akmari+b5
Yeah it's interesting that a RTO is included, as if remote work was somehow part of the problem. Intel's spiral started at least 10 years before remote work was normalized, and you can make a pretty good argument that they stopped innovating in the early 2000's.

This is a company that declined to supply chips for the iPhone because they didn't think the margins would be good enough. Consider how much that one decision has favored competitors. And that's just one bad decision of countless.