Intel launches another layoff plan? Intended to reduce costs and pave the way for recovery and transformation
我放心你带套猛
发表于 2024-7-31 12:46:19
184
0
0
According to informed sources, Intel plans to lay off thousands of employees to reduce costs and provide funding for its recovery plan. Currently, Intel is facing the dilemma of declining profits and market share.
According to sources familiar with the company's layoff plan, the plan could be announced as early as this week. The company currently has approximately 110000 employees, not including some employees from separate departments that have been spun off.
In addition, Intel is scheduled to release its second quarter financial report on Thursday, August 1st.
Intel is undergoing a transformation
Prior to 2021, Intel's dominant position in the chip market had been eroded, and competitors such as AMD had caught up and seized a portion of the market share.
After taking office in February 2021, Intel's current CEO Pat Gelsinger began investing heavily in research and development aimed at improving Intel's technology and helping it regain dominance in the semiconductor industry.
While other chip manufacturers, led by NVIDIA, are already tailoring profitable semiconductor products for AI related tasks, Intel is still struggling to cope with the fluctuating demand for its main business laptop and desktop computer chips.
Regarding this, Gelsinger believed that Intel could improve its technology, so he began a plan to build a chip foundry, aiming to not only produce and sell its own chips, but also manufacture semiconductors for other chip manufacturers.
Last week, Intel also hired Naga Chandrasekaran, a senior executive at Micron Technologies, as its global Chief Operating Officer, responsible for the company's overall manufacturing operations.
A large amount of capital investment is also accompanied by a certain degree of cost reduction plan. After Intel announced the start of layoffs in October 2022, the company subsequently laid off about 5% of its workforce in 2023, leaving 124800 employees by the end of last year. In addition, Intel has also slowed down spending in other areas. It is expected that these cost reductions will save up to $10 billion by 2025.
After the latest news of layoffs came out, Intel's stock price rose about 1% after hours, reaching a high of $31.11.
For Intel's upcoming second quarter results, analysts expect its quarterly revenue to remain the same as the same period last year. According to Wall Street estimates, growth will moderately rebound in the second half of 2024, with total annual sales increasing by 3% to $55.7 billion, marking the first annual revenue growth since 2021.
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Intel announced today the expansion of its Chengdu packaging and testing base, gathering local demand and focusing on server chip packaging and testing
- Intel announces expansion of Chengdu packaging and testing base to improve local supply chain efficiency in China
- Intel announces expansion of Chengdu packaging and testing base
- Intel aims to ship 100 million AI PCs next year
- Intel falls, AMD eats its fill! Wall Street predicts a significant decline in Intel's Q3 revenue
- Intel's Q4 earnings per share guidance exceeds expectations
- Intel의 4분기 주당 이익 지침 예상치 초과
- The US Chip Act has been delayed and delayed again! Intel CEO complains: I haven't seen a penny
- Morgan Stanley raises Intel target price to $25.00 before $25.58
- Intel's Q4 revenue outlook higher than expected, stock price surges after hours
-
随着“银十”结束,各家造车新势力都交出了一份亮眼的成绩单。 理想领跑10月新势力交付榜,鸿蒙智行重回4万辆,零跑、深蓝、极氪、小鹏等单月交付量均创新高,岚图、阿维塔、智己等实现破万,但哪吒却消失在 ...
- fanadam
- 昨天 20:02
- 支持
- 反对
- 回复
- 收藏
-
【科技记者古尔曼:苹果计划于12月第一周发布iOS 18.2系统更新 带来更多人工智能功能】科技记者古尔曼透露,苹果计划于12月第一周发布iOS 18.2系统更新。iOS 18.2将为iPhone 15 Pro机型和所有iPhone 16机型带来更多 ...
- cristianna
- 前天 17:32
- 支持
- 反对
- 回复
- 收藏
-
为期超七周的大罢工终于落下帷幕。 当地时间11月4日,波音美国西海岸工厂工人们就改进后的合同提案投票。 随后,代表着波音超过33000名西雅图地区机械师的IAM工会经表决,以59%的同意票决定接纳波音提 ...
- cristianna
- 昨天 16:55
- 支持
- 反对
- 回复
- 收藏
-
近日,爱立信中国区总裁方迎在接受《经济参考报》记者采访时表示,5G技术在全球范围内得到了迅速发展,但面临商业潜力未能充分挖掘、网络运营难度较以往更高两大挑战。因此,运营商在继续5G网络部署的同时,应关 ...
- blueskybb
- 前天 15:05
- 支持
- 反对
- 回复
- 收藏