$Intel(INTC)$ Why do you think

$Intel(INTC)$ Why do you think INTC had such a massive layoff? Companies often take this step when they've exhausted all options for recovery and are trimming down for a potential buyout. Any wise CEO knows Intel has become a losing bet, and no one is eager to acquire it. For the past 20 years, no one has been able to turn it around, and Pat G has only sealed its fate. With earnings expected to be dismal next week, it’s wishful thinking to believe Intel will make a comeback. What's even more unfortunate is that many of Intel's talented engineers are already seeking opportunities elsewhere.

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