#codeyourfuture #layoffs #ai #coding
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"Welcome to StartupHakk. I'm Spencer Thomason and here at StartupHakk we love to train Software Developers and build Custom Software Solutions. I do a lot of work as a Fractional CTO. With over a decade of executive leadership and a solid 25 years in software development, I've mastered the art of transforming technology teams and products."
The Big Announcement
Intel has recently announced a massive layoff, affecting 15% of its workforce, which translates to over 12,000 employees. This significant reduction is part of Intel's plan to cut $10 billion in costs amidst a revenue slump. The company cites advancements in AI and its impact on their traditional chip business as a major factor. This has sent shockwaves through the tech industry, raising questions about the future of many jobs. It’s a tough pill to swallow for a company that has been a giant in the tech world for decades. But what does this mean for the tech job market?
HUGE LAYOFFS! INTEL announces a 15% layoff - blames AI!
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