1129
Intel is laying off over 15,000 employees and will stop ‘non-essential work’
(www.theverge.com)
this post was submitted on 01 Aug 2024
1129 points (99.0% liked)
Technology
59402 readers
2735 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
There’s a dude in wallstreetbets who dumped a $700k inheritance into Intel stocks. lol
He's gonna make a ton of money then, because investors love layoffs.
The stock is down 30% so far, so I think you may not understand investors very well haha
Give it time. Next Monday or Tuesday is probably the day to buy.