Intel Axes 15,000 Jobs, Brings Back Coffee to Boost Morale | Vantage with Palki Sharma

Intel Axes 15,000 Jobs, Brings Back Coffee to Boost Morale | Vantage with Palki Sharma

After laying off 15,000 employees and posting a record-high loss of $16.6 billion, Intel has decided to boost employee morale by re-introducing coffee and tea, which was discontinued from its offices due to cost-cutting measures. Intel's "benevolence" has turned into a joke on the internet. What are some of the other bizarre morale boosters in companies?

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Intel | Layoffs | Jobs | Coffee | Social Media | Firstpost | World News | News Live | Vantage | Palki Sharma | News

#intel #layoffs #jobs #coffee #socialmedia #firstpost #vantageonfirstpost #palkisharma #worldnews

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[Macorelppa]

The fact that the narration of this news is done by "Artificial Intelligence" makes it even funnier.

[hughesabsalom]

Why use AI voice when there's that woman with a nice voice who makes well precise explainers?

[noclicheplease]

Any workplace without free coffee is doomed to fail.

[untouchablex]

2005. The Intel Board didn't approve the $20 billion acquisition of Nvidia.
2008. Intel rejected Apple's offer to make the cpu for the iPhone.
2017, Intel rejected OpenAI's partnership for AI.

[johnnypham]

Where is the lady or guy I enjoy doing reports. I couldn’t even listen to this non beautiful accent to compliment Palki. Please don’t do this FirstPost. We don’t want to abandon you like WION ! Remember WION, we left them far behind because of PALKI and we want her in a first class operation always.

[AnonymousAnonymous-dcjm]

So Intel hires an MBA to be it's CEO who refused to enter the smartphone market, so ARM arch dominates mobile market, next, Apple and Microsoft have made OS run on ARM for PC, ARM PCs are now being sold, also he didn't invest in next gen processor tech, so Intel is still using decade old 10nm process, great work Intel in choosing to be run by MBAs, just like Boeing did.

[arunnaik]

Intels rival nvidia 😂😂😂
Amd be like:- am I joke to you 😂😂😂

[AlohaKutla]

I have worked in Intel way back in 2011 for a short term project and must say they had some of the most intelligent people working for them. Also, Intel is only company where I saw so many PhD holders working for them. But they made a blunder with not entering mobile market and criminal behavior with hiding the flaws that has brought ruin. Intel always had discriminatory behavior with food, so contractors working in Intel cannot take fruits or any other cookies that they keep in open. That area is strictly for blue badge workers and green ones are like lepers, but we used to work along side regular employees and put in more hours than them as we had strict timeline.

[anonymoustron]

Technology is made to make life easier, but it is making life harder

[HinduPowerPortal]

Nothing is better than Free meals to boost morale.

[sanujitroy]

layoffs and resignation is spreading across companies whether in India or us

[yahooezone]

RIP "Intel Inside, Idiot outside"

[waldensmith]

This unfortunate for the Innocent Intel employees being laid off to the tune of 15k . The comments indicate the MBA CEO overlooked what leads to progress resultng in the 15k job lay offs. Are you still in America Palki or back in India Firstpost. Keep up the good work.

[neronemisis]

They had 13 Billion profit by the way. This loss only assert right offs and compensation packages

[kapilgupta]

Moral booster : yes, intel is unlocking bathroom so employees so not have to pee in bottles. Next cost cutting measure : Selling tables and chairs, employees will be asked to sit on the floor now.

[SheShaved]

Elevate Your Cooking with Mustard Oil!

[ramuvsign]

So after axing the employees, Intel is impacting Coffee and Tea sellers outside their offices.
Your computer is "Intel inside with CofTEE".

[pravardhanus]

Actually Intel did not provided any free Beverages like coffee, tea and juice for the Isreal employees after laying off many employees.
Now they have started to provide free coffee to Isreal employees to boost morale.

[bwme]

Its actually 17k+ layoffs. Attrition and retirement is more than layoffs.

[KeithAlmond-jr]

That’s a good idea. You should give workers coffee and, good coffee at that.