this post was submitted on 01 Aug 2024
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Intel is laying off over 15,000 employees and will stop ‘non-essential work’ (www.theverge.com)
submitted 3 months ago by Eezyville@sh.itjust.works to c/technology@lemmy.world
219 comments fedilink hide all child comments
 

So they got all that money from Uncle Sam's CHIPS Act only to lay off 10,000 employees and make themselves "lean". Govt funded unemployment.

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[–] kameecoding@lemmy.world 0 points 3 months ago (1 children)

That's what happens when companies are too fucking big, and intel was essentially a monopoly for a while.

I have interned at AT&T while at University, laying off a 1000 people would be less than 1 % for them.

[–] ApollosArrow@lemmy.world 0 points 3 months ago (1 children)

After seeing this article I went down a rabbit hole and IBM isn’t even in the top 10 US of most employees. Here’s some of the popular ones from the top 30.

  • Walmart - 2.3 Million
  • Amazon - 1.61 Million
  • DHL - 594,000
  • FedEx - 547,000
  • UPS - 536,000
  • Home Depot - 456,000
  • Target - 415,000
  • Kroger - 414,000
  • Marriott - 411,000
  • Starbucks - 381,000
  • Walgreens - 333,000
  • Pepsi - 318,000
  • Costco - 316,000
  • Chase - 309,000
  • Lowes - 300,000
  • IBM - 282,000
  • CVS - 219,000
  • Bank of America - 212,000

https://en.m.wikipedia.org/wiki/List_of_largest_United_States%E2%80%93based_employers_globally

[–] myrrh@ttrpg.network 0 points 3 months ago* (last edited 3 months ago)

...i'm surprised to see DHL rank so highly in that list: what's their domestic market focus, business-to-business freight logistics?..i seldom see DHL packages and when i do they're almost exclusively of international origin...