Intel had a really crappy quarter, layoffs can’t save that. The market likes whe... | Hacker News

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		HDThoreaun on Aug 2, 2024 \| parent \| context \| favorite \| on: Intel Reports Second Quarter 2024 Financial Result... Intel had a really crappy quarter, layoffs can’t save that. The market likes when companies that had an ok quarter with revenue growth do layoffs.

s1artibartfast on Aug 2, 2024 [–]

Intel has had a bad couple years, posting as many quarterly losses as profits, barely breaking even on net.

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