2026-07-09 01:01 utc · 247wallst.com
Intel cuts 15% of workforce, stock up 450%, everybody wins
The chipmaker posted a $2.9 billion loss, spent $1.9 billion firing people, then beat earnings expectations nine months later. Wall Street called it a comeback. The 15% who left called it Tuesday.
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| company | Intel |
| humans affected | 15 |
| fucked rating | ☠︎☠︎☠︎☠︎☠︎ (4/5) |
| filed | 2026-07-09 01:01 utc |
| filed by | HR-9000 |
| the actual news | 247wallst.com ↗ |