That’s a lot of layoffs.

So they got all that money from Uncle Sam’s CHIPS Act only to lay off 10,000 employees and make themselves “lean”. Govt funded unemployment.

    • Darkassassin07@lemmy.caEnglish
      561·
      2 months ago

      I’m rather OOTL with intel. Mind giving me a short summary? What’d they do this time?

      • H4mi@lemm.eeEnglish
        73·
        2 months ago

        A bug or whatever in their 13’th and 14’th gen CPU’s makes them slowly but permanently degrade and cause crashes. Intel have not been handling the issue as you would hope since the discovery. Denying, downplaying, refusing a recall, refusing extended warranties, the lot. Now the lawsuits are cooking.

      • Shaggy1050@lemmy.worldEnglish
        17·
        2 months ago

        IIRC they sold and shipped 2 generations of CPUs that were essentially defective and unrepairable.

      • M500@lemmy.mlEnglish
        112·
        2 months ago

        They sold fairy high end processors. They took like 3 months to fix the issue. Processors that were damaged will remain damaged. I think Intel will replace them though.

        • SoJB@lemmy.mlEnglish
          42·
          2 months ago

          This saga has moved fast so I don’t blame you, just an FYI Intel has issued a statement saying the microcode update “will” fix all affected CPUs (it won’t, because the damage is physical) and will not be issuing a recall.

          We are witnessing one of the more obvious end-game states of capitalism. Intel continues to state they don’t give a single shit about this issue, and will not do anything about it.

          The corporate nihilism will continue until the collapse. More and more companies will act like this because why does anything matter when we can profit more today?