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Join this channel to get access to perks: / @alliandrico Intel is reportedly preparing to lay off 50,000 employees, cutting nearly half its workforce in an effort to prevent bankruptcy. With 108,000 employees worldwide, the company has already let go of 15,000 workers—and more cuts are on the way. But why is this happening? 🔎 Key Issues at Intel: Unreliable Chips: Intel’s 14th-gen processors are failing at alarming rates, leading to class-action lawsuits. Financial Troubles: Despite receiving $7.86 billion in direct funding under the U.S. CHIPS and Science Act, the company continues to struggle. Mismanagement & Spending Issues: Critics argue Intel is misallocating resources instead of fixing product reliability. 🚀 Why Watch? Understand the real reasons behind Intel’s struggles. Learn how corporate mismanagement can impact employees and the tech industry. Get insights on how to prepare for layoffs and stay competitive in a tough job market. 💬 Join the Conversation: What do you think about Intel’s layoffs? Is the company mismanaging its resources? Drop your thoughts in the comments below! 👉 Subscribe for more discussions on job market trends, financial management tips, and career survival strategies!