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Intel has the legend of a corporate turnaround after a huge layoff in its history.

I'm not sure if I can take this as a harbinger of things to come, and I'm saying this while generally being pessimistic of the economy, I think Intel is a deeply troubled business and some deep layoffs were long time coming because Intel was spread real thin across so many businesses.




The layoffs are happening in tech. Not as much elsewhere. This is .com bubble 2.0.


> The layoffs are happening in tech. Not as much elsewhere. This is .com bubble 2.0.

That's complete nonsense.

"The Automotive sector leads all industries in job cuts this year"

"Retailers led in job cut announcements in September"

"Technology companies followed"

Source: https://www.challengergray.com/blog/job-cuts-surge-46-in-sep...




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