Definitely a niche, but, when you look at it, that was 25-30 million devices each year. And, as Apple didn’t bother much with Intel’s low-end solutions, that’s 25-30 million decently priced processors. It was likely felt more than one would think on first glance.
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Intel Reportedly Plans Thousands of Layoffs Amid PC Market Slowdown
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Significant drop in PC sales isn't due to global inflation and geopolitical instability.
I cannot believe Bloomberg wrote that.Do people really expect strong PC sales to continue indefinitely especially after the extremely strong sales cycle we got in 2020 and 2021 when people were buying up PCs and tablets in massive numbers so they can all work and study from home?
People don't upgrade their PCs every year or even after 2 years; They're not like smartphones.
This .... I used to keep a bunch of images of WinXP, Win7 and Win10Pro and run Parallels; but as the Mx series doesn't support this, I had to make the jump to pure Mac. So far, the only thing that seems "weaker" on the Mac side of the house, is that Excel doesn't support intense VBA with Excel.
Guess you missed the news recently that AMD isn't doing so well either and had to cut their revenue estimate by over $1 billion.
AMD Cuts Revenue Forecast Amid Worst Slump in PC Shipments in Years
The company cites a weaker-than-expected PC market and “significant inventory correction actions across the PC supply chain.”
www.wsj.com
If the PC sales/chip slump continues and we see a recession next year (that I'm expecting), then you'll see AMD cut jobs too.
Cars aren't powered by x86 chips. And I'm not sure Intel has started making chips for car companies yet.
Intel in talks to produce chips for automakers within six to nine months -CEO
The chief executive of Intel Corp (INTC.O) told Reuters on Monday the company is in talks to start producing chips for car makers to alleviate a shortage that has idled automotive factories.
Can anyone remember when or even if a senior executive of a major corporation has been made redundant as part of a company wide lay off? I am sure we have all heard of senior executives leaving a company because they have either resigned to join another company, retired, layed off because the whole company has closed for good or sacked because they have done wrong but get made redundant as part of a company wide lay off, nope I've not heard of that. Have any of you? because as always i have no doubt it will be the front line workers who will face the brunt of redundancies whilst Intel protects it's executives with their bulging bonuses, pensions and pay rises.
My iPhone 14 works perfect. Ran the iPadOS 16 beta on my 10.5 inch iPad Pro without issue, and awaiting the release of iPadOS 16 for my new 3rd generation iPad Pro 11 inch
That very highly depends upon who they lay off. If they dump 3/4 of the marketing folks in the GPU business that would have zero impact on rolling out Intel 3 , 20A , and 18A. none.
Intel has layers of bureaucracy and over 120,000 in head count. Could probably dump 1,200 just getting rid of folks who are the assistant liaison to the other internal groups assistant liaison.
Intel has a group that just does overclocking experiments. They have got groups that help laptop vendors scope out new laptop designs . Probably someone running around trying to optimize DOS on Gen 14 chips. They have a datacenter data storage business. They made a chip to mine crypto. .........
Intel currently is built to sell everything to everybody. They don't have to pull all the way back to doing a relatively very narrow set of products (e.g., Apple) , but some stuff they should let go of. As AMD gains more share they should be helping some of the system vendors do new laptops ( does Intel really need to help Dell do 12 different laptop products ? If they helped them do 8 that is still more than Apple makes. )
Processor sales to Apple only made up 2%-3% of Intel's total revenue.
Revenue for Intel was $79 billion in 2021 so Intel lost out on roughly $1.9 billion in sales. Yes, that's a lot, but not enough to force Intel to lay off thousands. Intel's had deeper execution problems for years now.
I worked in the high-tech industry from the early 1980s through the early 2000s and was part of more layoffs (including one at Intel) than I care to remember. It never got easier, and I'm now happy to be in a more stable and less stressful industry.
Maybe it's because I've worked with desktop and laptop computers for so long, but I can't see myself ever giving up having one. My work computer is a Windows laptop, and my home computer is a 27" iMac. I've used an iPad for media consumption since the iPad 2. Last year, I bought a 12.9" iPad Pro, Magic Keyboard, and Apple Pencil to see if it could replace my 2015 MacBook Pro, which I used when I wasn't in my home office. For the most part, it has, and I'm giving my MBP to my dad. There are still certain things I prefer to do in macOS and on Mac apps, especially on that 27" screen. iPadOS has gotten better, and I'm hoping it will continue to improve. I do love my iPad Pro, though. My iPhone is primarily for making phone calls, taking photos, and looking up things on the web when I'm out and about. My wife, on the other hand, uses her iPhone for almost all her computing needs.
Because this is the way that Intel does business. They will fire a bunch of people, many of which are the older and higher paid employees. Then, they will hire a bunch of young kids, who are paid much less to replace them. It's kind of like washing your hair, but it's: Hire. Fire. Repeat.
So what they’re saying is that 22,740 of their employees weren’t really needed anyway.
Wonder what those jobs were.
Wonder what those jobs were.
$1.9 billion divided by $100,000 (assuming a group of folks making $100,000) is 19,000 folks. So, however OTHER things were going, they lost the income that would pay 19,000 from $1.9 billion. Add to that the rest of their business not doing so hot and it turns out they needed that $1.9 billion extra more than they expected.
If one goes with the 3% number, that’s $2.4 dollars or 23,700 employees at the same conversion. Actual number of employees around 22,740 comes close to that, coincidentally.
$1.9 billion divided by $100,000 (assuming a group of folks making $100,000) is 19,000 folks. So, however OTHER things were going, they lost the income that would pay 19,000 from $1.9 billion. Add to that the rest of their business not doing so hot and it turns out they needed that $1.9 billion extra more than they expected.
If one goes with the 3% number, that’s $2.4 dollars or 23,700 employees at the same conversion. Actual number of employees around 22,740 comes close to that, coincidentally.
TL;DR Certainly you didn't expect leadership/management to take the pay cut, did you?
The problem is that the intel CPU has so many instruction sets. Remember SSE, SSE2, etc...
ARM doesn't have all of that. It means that an Intel CPU needs a larger die area (which more room to fail) or to emulate instruction sets which could decrease performance. x86 is between a rock and a hard place.
ARM doesn't have all of that. It means that an Intel CPU needs a larger die area (which more room to fail) or to emulate instruction sets which could decrease performance. x86 is between a rock and a hard place.
Intel doesn't make Arm chips. Texas Instruments, Renesas, Infineon Technologies and NXP Semiconductors are the five semiconductor providers in the space for automobile manufacturers. Many of these chips are Arm or other RISC based chipset instructions, what you use in your PC isn't the same thing in cars.
TMSC is the primary foundry for all these chips. Intel has been putting more money into their foundry business with anticipation of being able to make other companies chips. Also, I predict this will become Intel's future as another foundry (one of three in the world, lone US based one) if the world moves away X64-86.
Cars aren't powered by x86 chips. And I'm not sure Intel has started making chips for car companies yet.
Intel in talks to produce chips for automakers within six to nine months -CEO
The chief executive of Intel Corp (INTC.O) told Reuters on Monday the company is in talks to start producing chips for car makers to alleviate a shortage that has idled automotive factories.www.reuters.com
Too piggyback on your post, they did create a new division.
Intel's New Car Division -- (CNET, Feb 2022)
