Whewwwww Intel to cut 12,000 jobs....now they can easily sustain earnings growth moving forward

[S2007S]

Just cut those jobs intel so you can sustain your bottom line to keep those earnings juiced up....

That's a significant job cut in the tech Industry....looks like they can all get a job at Facebook or one of those other unicorn companies.



http://www.cnbc.com/2016/04/19/intel-reports-q1-2016-earnings.html

 

[syswizard]

Tech in the USA is dead, dead, DEAD.
Software, hardware, anywhere.
IF you are a techie, get out, get out, GET OUT....and start trading.

 

[Spectre2007]

It's amazing what's going on behind the scenes,.. There are soo many clues and indications. The main issue is the CB won't allow the free market to function, so you have mis pricing and illiquidity. Most everyone is becoming more and more risk averse.

 

[d08]

It's their own fault. They offer minor performance improvements but their CPUs still cost a lot. It's not the year 1998 anymore, people's lives won't be transformed because of a faster CPU. Many will not upgrade because it's just not worth it. They have failed when it comes to graphics and phone chips as well. A big bloated organization trying to hang on to the status quo.