back to article Intel freezes hiring for PC chip team, cites 'macroeconomic uncertainty'

Intel's PC chip division is the latest team caught in the current tide of economic uncertainty, as the company freezes hiring in the group.  In an internal memo obtained by Reuters, Intel told employees all hiring and job requisitions in the client computing group were on hold for at least two weeks. During that time, the …

  1. Version 1.0 Silver badge
    Boffin

    70 years ago we were told ...

    "It would appear that we have reached the limits of what it is possible to achieve with computer technology, although one should be careful with such statements, as they tend to sound pretty silly in 5 years." - John Von Neumann, circa 1949.

  2. DS999 Silver badge

    There's a rumor about

    That Intel is going to issue a profit warning for the coming quarter, and coming fiscal year.

    So you gotta at least be able to tell Wall Street you're freezing new hires or they will punish you for investing in your future when they want to see that money in the profit column because who cares what happens a few years out?

    1. Korev Silver badge
      Coat

      Re: There's a rumor about

      You mean "You've got intel"?

  3. pimppetgaeghsr

    For 2 weeks? Sounds like it will do more damage than good or the "2 weeks" is just corporate speak for "until further notice".

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