For people who does not have the context, intel operates totally differently from big techs. Stack ranking is not a concept there, you can stay 30 years there without having to be worried about be marked as bottom x%. So for meta you can imagine there is 6% cut every year without layoff a single employee.
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Intel had over 130,000 employees as of a couple of months ago.
15% layoffs is nearly 20,000 people.
Thats crazy! Meta got such huge press when they laid of 10k people.
For people who does not have the context, intel operates totally differently from big techs. Stack ranking is not a concept there, you can stay 30 years there without having to be worried about be marked as bottom x%. So for meta you can imagine there is 6% cut every year without layoff a single employee.