In April 2025, Intel (NASDAQ:INTC) said it intends to slash over 20% of its global workforce under new CEO Lip-Bu Tan after posting quarterly results that beat Street estimates, though its shares remain pressured. That momentum, however, hasn't translated into investor confidence, raising questions about Intel's long-term strategy.
https://finance.yahoo.com/news/intel-intc-dead-money-layoffs-130103579.html
this Rolland guy might be on to something.
@aa Intel always tells the truth, keeps its word, and only does what it says it will do. Nothing more, nothing less.
Intel never announced 20 percent layoffs.
The Chief Embezzelement Officer’s plan for stealing more jobs and money on behalf of Asia was delayed by the machinations of the Orangutan in Office. This was a scheduled delay, as per Intel POR.
Steady as she goes. All’s well that ends well.