@en don't buy 3 million$ homes. Live beneath your means
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So many people about to lose their houses
65K is still too high. Why don't you plan for 30K OP?
@b9 Based on what evidence? I highly doubt the target they have for people accepting the buyout is 60K. They are probably expect a third or less to accept it. If they don't hit the target they will likely layoff the number they need to reach the target so maybe 5-10K max. There are likely to be more rounds as AI cools off.
The real risk in with AI not not reducing head count it is paying off the debt. Go read about how the build out is being financed. It is very similar to what was being done with mortgages in the run up to the 2008 financial crisis. There are even products similar to CDOs and credit default swaps that were the accelerators to the 2008 melt down.
@af the nonvoluntary number that comee after is probably huge then. So not 60k, more like 100k
@ah in any other company BUT Intel, here it’s about cost
@OP Fake News
Layoff are about restructuring, not cost. The work to be done is nearly finished, and has little to do with earnings reports.
@a9 Microsoft isn't laying off 60K people that is the number of people who were given a voluntary buyout offer.
November like the rest. Wtf is going on
Same % as Microsoft - 60k there