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 Intel Layoffs Announced For 2023, After Largest Quarterly Loss Ever

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delon85
post May 9 2023, 08:16 PM

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Intel CEO use what excuse this round
delon85
post May 9 2023, 08:37 PM

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QUOTE(fantasy1989 @ May 9 2023, 08:32 PM)
actually is kind of expected 1

thats why those lead or manager folks get early pay cut at early/mid of Q1 2023 https://www.semianalysis.com/p/intel-cuts-p...tm_medium=email
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Just to keep shareholders happy? Welcome to corporate world I guess.
delon85
post May 9 2023, 08:54 PM

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QUOTE(fantasy1989 @ May 9 2023, 08:45 PM)
think it in another perspective

if you dont keep it rolling..we might not still seeing ~USD30 today

it might dip all the way to USD20 because "we dont keep shareholder happy"

that time employee holding RSUs will "rugi" even more
just like if employee A holding 1000 unit of RSUs aka 30k USD ..become 20k USD
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If Pat still cleaning up after Brian, shares will still drop either way

 

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