Intel’s Israeli fab in Kiryat Gat targeted in latest layoff round

[XYang2023]

I think what LPT is doing is correct. Once the workforce is reduced. They have to come up with innovative ways to compensate for the change and hence driving up efficiency. It should happen for both fabs and non-fabs in short term, medium term, and long term, hence a continuous trend.

The $100 Trillion Question: What Happens When AI Replaces Every Job?

 

[Paul2]

Speaking of it being targeted, is it the one being hit by a ballistic missile recently?

 

[user nl]

Nope, my info is second hand. I have spoken to people who have had discussions with the analysts brought in to help benchmark Intel against TSMC. Take that for whatever it is worth.

Interesting, the benchmarking of TSMC and Intel Foundry is not only node against node for the customer stakeholders, but also #people & #robots for the Wall Street stakeholders. Many business books / academic papers will be written the coming years about this Chips Battle.......

Regarding cultural change/transformation, I wonder if these analysts, mentioned above by Artificer60, are McKinsey's?

Peter Drucker’s famous observation that “culture eats strategy for breakfast” has never been more relevant.
https://www.forbes.com/sites/tracylawrence/2025/01/26/company-culture-why-it-matters-more-than-ever-in-2025/