[throw93]

Why do you think the workforce who generated record profits for Intel only a couple years back are suddenly "unneeded"? That's just reflects the dumb decisions made by the leadership. If anything the CEOs and upper management who made those bad decisions and still taking millions in bonuses should be fired.

[zmnd]

How is the previous revenue relevant? For a rational company, workforce is needed to increase revenue in one way or another. If the company is rational and wanted to increase their revenue, why would they decide to lay them off (and incur additional expenses)?

[throw93]

It's relevant because it proves that majority of the workers are competent. If you are not able to succeed with a competent workforce then you're just a bad CEO/leader and should step down.

Also it's wrong to assume companies are rational. If you are constantly in a cycle of hiring and firing employees, then it indicates you have a no long term vision and no skills to navigate the market.