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Comment on Intel to cut 15% of headcount, reports quarterly guidance missparent

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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.

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