https://www.tomshardware.com/tech-industry/big-tech/intel-allegedly-plans-imminent-lay-off-of-thousands-of-employees-report
Anonymous sources say the announcement could be just days away.
"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
They’ve announced that they have no plans to make any such recall.
However, The Verge asked Intel if it was planning a recall of chips already affected, and the answer seems pretty definitive. Not only will it not be recalling the affected CPUs, but it has not halted sales and has yet to comment on whether it might extend its warranty.
so they should have some spare money to send me a new CPU to replace my fucked raptor lake CPU.
They should be thinking of the loss involved in replacing these CPUs as an investment in Intel's long-term reputation. But instead they're thinking "how can we make the line go up this quarter?" and cutting staff. It's shortsighted, as all public companies are these days.
I'd place the blame more on businesses and dumb managers keeping them afloat since they still think Intel is the best bet for their computers or they're stuck with Intel due to existing contracts. After AMD came in and bitch slapped Intel with Zen, a lot of the community switched teams and went over to AMD for CPUs but most businesses haven't yet.
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
big companies trying to please their stakeholders
I don't think that happened here, with the stock dropping off 27% with one of the worst days since Y2K.