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Comment by piokoch

6 hours ago

Well, interesting, I would say they should grow, not shrinking, giving the demand for better and better processors.

They are optimizing their organization for throughput by cutting off the fat so they do expect to grow, it's just that they want to be ready for it, and having a loath of managers doesn't help with it. I figure this move must have something to do with the China labs potentially coming out with their own litography system.