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It’s a local piece, but are the layoffs even disproportionate with other sites?

In Oregon, the layoffs were 3x-4x more than in AZ. What's kicked both regions in the teeth is that the layoffs were 4x-5x more than what Intel had stated. OregonLive has been reporting for weeks that 500+ Oregon Intel jobs were going to be cut -- they cut 2500 jobs. This is also round 3 (?) of Intel's layoffs in the last 12 months. It's massive and devastating.

This sounds like sell the whole company type of cuts.

What else could be the trajectory of Intel, when the CEO has admitted defeat in the current investment environment?

> Intel CEO says it's "too late" for them to catch up with AI

https://news.ycombinator.com/item?id=44532572

Last stage of grief is acceptance. I think the only way left is up.

Well, yeah. It's the Elop and Nokia situation all over again. Remember the "burning platform" memo?

Intel actually made a decent video card that sells above MSRP: Battlemage. They can easily advance it into more powerful GPUs.

Gelsinger understood that. The current MBA empty suit doesn't.

Gelsinger was apparently Intel's last hope to avoid being sold off in pieces.

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