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Intel laying off a fith of its work force.

What, it's nice to know that people are losing their jobs, and if Intel go under (unlikely, I know) there will be no competition to keep AMD on thier toes?

Yep, really good news that.

BTW you have linked to an error page.
 
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DreXeL said:
What, it's nice to know that people are losing their jobs, and if Intel go under (unlikely, I know) there will be no competition to keep AMD on thier toes?

Yep, really good news that.

BTW you have linked to an error page.
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dont be daft, theres no question of intel going under, there far too big to flop over 1 bad year.

im not for killing off intel, quite the contrary, what i do want is a fairer playing field for all chip makers which is ultimatly far better for all pc users than the current status quo.
 
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DreXeL said:
What, it's nice to know that people are losing their jobs, and if Intel go under (unlikely, I know) there will be no competition to keep AMD on thier toes?

Yep, really good news that.

BTW you have linked to an error page.
Click to expand...

I totally agree... competition creates innovation...

Stelly
 
they may be laying off a significant number of people, but there looking for graphics chip developers! maybe a slight shift in strategy within Intel.

Also, a lot of their fab is in the far east and outsourced, so they may be rationalising the manufacturing arm
 
locutus12 said:
dont be daft, theres no question of intel going under, there far too big to flop over 1 bad year.

im not for killing of intel, quite the contrary, what i do want is a fairer playing field for all chip makers which is ultimatly far better for all pc users than the current status quo.
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It seems I may have misunderstood you then, your initial post gave the impression that you would be happy to see Intel collapse :)

EDIT: I wasn't 'being daft'.

I did actually state that it was unlikely. I wasn't actually saying they would go under, I was simply saying it appeared you would be happy if that were to happen.
 
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DreXeL said:
It seems I may have misunderstood you then, your initial post gave the impression that you would be happy to see Intel collapse :)
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not collapse... but "change" a little. ive never said i want intel to collapse despite my criticism of their unlawful tactics over the years. i fully recognise the benefit of having several companys in a single market competing against each other, but this is only beneficial when the playing ground is fair for all companys involved. ;)
 
UKTopGun said:
How can you be happy that 20,000 jobs might be lost :confused:?
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im not, but i am happy intels profits were down 60% forcing them to evaluate their current possition, its also forced a board change and several top managers out of the company which could lead to different policys in the future.
 
No one is happy to see jobs lost but Intel had it coming, anyone running that company who failed to act quick enough when AMD introduced Athlon64 wanted shooting. Many people at the time said it wouldn't hurt Intel, perhaps they thought that themselves. On the other hand there were probably job increases for AMD over the last couple of years.
 
Its not that intel have lost a lot of gain, its the shareholders & directors £10`000 a pop parties that will suffer, so rather than lose that, shed jobs. after all nothink can beat a good company party :D
 
BBC News Website said:
Intel, the world's largest computer chip manufacturer, has reported a 56% slump in quarterly profits as it competes in a price war with rival AMD.

Net profit for the three months to 1 July came in at $885m (£481m), down from $2bn at the same time last year.

Intel forecast sales in the current quarter would reach $8.3-$8.8bn, less than the $9bn forecast by analysts.

The group is nearing the end of a cost-cutting programme that has resulted in 1,000 managers being axed.

The company has been struggling to maintain profit margins as it competes with AMD.

Profits are also struggling as increasing demand for budget PCs means that cheaper chips used to build the machines are making up an increasing percentage of its sales.

Meanwhile, analysts have also expressed concerns that Intel stock levels have been running dangerously high, which could lead to more products being written-off or sold-off cheaply.

The company said a range of new chip launches would help it increase its market share in the second half of the year.
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this is all pre core duo ofcorse.
 
Only problem with intel over the last few years is that they hadn't got anything good to make....P4 started bad, the Northwoods were good but the Prescots were disaster....then there was the whole Rambus thing which didn't help....
They have a good product now and just need to make sure they don't mess it up and make enough to meet demand...if somebody wants one and can't get it they will naturally go elsewhere.
 
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There's a decade-long price war looming, if not - already underway. This is what companies do when they need to shed ballast to stay afloat...
 
locutus12 said:
indeed it does, and competition needs to be fair. Currently, we dont have this.
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How do we not have a fair competition at the moment, because one already has a bigger market share and is more trusted in the markets that matter....?
 
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