I left Intel last year but see the layoff news around that may impact my friends here in Oregon. Do we know the impact in Oregon and approximately how many folks will be let go here?
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There are a few out there in the streets now. Crazy just a year or two ago they worked in a cube just nearby
Theres something in the water up there
I am f'd and going to live in the homeless encampments. My VP will keep his job but the rest of us sc--wed.
Is there a way to short sell homes in Portland? Prices going to drop 30% maybe more in 1 year my prediction. Take out 30% Intel employees, no other employers, and place is going to implode.
Bethany neighborhood will be decimated.
Looks like lots of college plans will go poof
@cq Those homeless were from the last 3 layoffs, but this one is serious.
@b7 it's hard to tell with the amount of homelessness in some of those cities.
Def met team 0
Pretty accurate that it will be about 25-30% cut in Oregon by starting now and finishing July. High cost geos will also have bigger proportion.
Some additional BB to GB flips so actually BB might be lower and bigger HC cut.
You'll know when you see your friends homeless on the sidewalk living on a tent.
20-30%
It has to be in the thousands... that place has 20K+ BB and GB, I would assume 3000 minimum, and up to 5000 cut. That place needs to learn how to be customer centric and less dogmatic.
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