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Intel allegedly plans imminent lay off of thousands of employees to fuel turnaround
(www.tomshardware.com)
this post was submitted on 01 Aug 2024
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Struggling to roll out products that don’t immediately break. Struggling to keep pace with competitors after blowing a huge lead. Facing new threats in the form of arm and risc v. I know, let’s lay off staff that’ll help.
The line can only go up. If the line goes down then the people who generate no value for the company will have less money, which is super bad of course. So if they can't sell more, more expensive products, all the time, then they have to reduce how much they spend, and of course they won't get rid of the most expensive people.
So much this to the point that the title pisses me off for supporting the idea that share price is the appropriate metric for a 'turnaround '.
But the processor quality issue has already been turned around by telling customers there will be no refunds. Surely the execs deserve big bonuses for thinking of such a simple and brilliant move.
The good'ole strategy of "if we cut enough corners we'll become a circle and circles are perfect"...
I think the instruction set is basically irrelevant to the discussion. Intel is losing to TSMC at the actual foundry process. Intel is losing to AMD at the design of desktop/server class chips running the x86 instruction set.
Within the ARM world, Apple is running circles around the competition. Qualcomm can't compete on mobile SoCs, and Samsung's Exynos is even worse. Qualcomm is trying to get into laptops, but the performance and efficiency aren't competitive with Apple, and might not even be that far ahead of AMD.
Intel is betting the company on various stacking and packaging technologies to fit way more stuff into a small surface area, but basically is left hoping that this works.
Ey, boss, we could, you know, shoot some whistleblowers, maybe?
risc v is not a concern because they could just build risc v chips themselves, likely more efficient than competitors too. I would be VERY surprised if they didn't have a team working on it internally. Arm and quality are their big issues right now.
Short sighted of them to exit the ARM business when they sold XScale to Marvell in 2006.