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Intel is laying off over 15,000 employees and will stop ‘non-essential work’
(www.theverge.com)
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this post was submitted on 01 Aug 2024
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Fair criticisms, but the statement from CEO is that the layoffs are to offset fab investments, so there isn't any clear reason to conclude that Intel's US chip manufacturing is dead based on this. We won't be able to infer anything of that sort until we see what areas they actually cut.
Future promises vs present actions. Only time will tell.