>>fancy_+(OP)
Intel headcount in 2022 was 131,900. Intel’s projected headcount for 2025 is 75,000. Intel fired 43% of its staff over the course of 3 years (when approximating natural retirements at zero and assuming a stop in new employments).
>>lyngui+Je
And who did they fire? Everyone with longevity and experience. Makes sense from an accountant’s perspective. Those would be the people with the highest salaries. Doesn’t make sense from a technical perspective.
>>irrati+Zt
Intel is/was a Bureaucratic hell hole. The people with longevity and experience definitely needed to be on the chopping block. Time for some creative destruction over there, the longest tenured are the ones who set the culture and the culture was crap.