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Intel is planning substantial job cuts, likely numbering in the thousands, according to a report from Bloomberg News. The reduction in headcount is a response to declining demand for the company’s consumer chips — part of a wider downturn in the PC market.

The layoffs will hit Intel’s sales and marketing teams particularly hard, says Bloomberg, affecting around 20 percent of team members. The cuts will reportedly be announced “as early as this month,” around the same time as Intel’s third-quarter earnings report on October 27th. The company currently has 113,700 employees.

After two years of booming sales during the pandemic, the PC market is now struggling. Recent analysis from Gartner found that worldwide shipments totaled 68 million units in the third quarter of 2022 — a 19.5 percent decrease compared to 2021. Gartner says this is the steepest market decline its recorded since it began tracking the market in the mid-1990s.

“This quarter’s results could mark a historic slowdown for the PC market,” said Gartner director analyst Mikako Kitagawa in a press statement. “Back to school sales ended with disappointing results despite massive promotions and price drops, due to a lack of need as many consumers had purchased new PCs in the last two years. On the business side, geopolitical and economic uncertainties led to more selective IT spending, and PCs were not at the top of the priority list.”

Intel raised these difficulties

Heard about the newly discovered, potentially dangerous asteroid heading our way? Few months go by without ominous asteroids in the tabloid headlines. Spoiler alert: There’s absolutely nothing to worry about.

In the past week, news outlets around the world have been reviving a clickbait trope yet again about an asteroid the size of a skyscraper “hurtling towards Earth.” Most of these refer to newfound asteroid 2022 RM4, which is a big space rock coming closer to our planet than other asteroids its size. But it will never come anywhere near our planet in any practical sense.

It’s been the same story plenty of other times, including coverage of a different asteroid in January 2020, when headlines screamed of a “gigantic” asteroid the size of the Empire State Building speeding “towards Earth.”

At least that’s how it was reported at the time by Sputnik, the news site funded by the Russian government. The reality, as the article said after the scary headline, was that asteroid 2019 UO would pass us safely at a distance of 2,808,194 miles (4,519,351 kilometers). That’s almost 12 times farther away than the moon. I scarcely think of the moon, let alone