Microsoft introduced several new devices this week including the Surface Pro 9, Surface Laptop 5, and Surface Studio 2 Plus. They’re all fairly iterative updates; you know that’s true when Microsoft’s hype videos emphasize new colors and integrated 5G connectivity (for the Arm-powered Pro 9) as the most exciting “new” features. We finally got a release date for the helpful accessibility kit, at least.
Intel reportedly planning major layoffs, likely affecting thousands of jobs
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.”
“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