Why Intel's Job Cuts May Be Just the Beginning

Why Intel’s Job Cuts May Be Just the Beginning

Why Intel’s Job Cuts May Be Just the Beginning The once-dominant chipmaker is cutting 12,000 workers, and several emerging technological trends may cause even more difficulty. Intel is cutting 12,000 workers as it faces the financial consequences of underestimating a profound shift in computing from desktop computers to pocket-sized devices. And more trouble may lie ahead. The rate at which Intel makes technological advances suddenly seems to be slowing, and other looming trends, including artificial intelligence and perhaps virtual reality, look set to benefit a different kind of computer architecture. The job cuts are a sign that Intel misjudged the speed with which people would abandon desktops in favor of smartphones and tablets, and failed to reposition its product line to ride that revolution. Only last week the research company…


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