Managers are also employees. Nobody's arguing they should be spared and I'm not sure that you can argue top management at Intel hasn't been let go over the years.
Also laying off incompetent managers alone won't solve the problem of having hired the wrong people
Do they have any clear direction for the future of the company? As it seems they don't, the idea that these workers are the wrong people is completely unfounded.
> I heard from a friend who works for Intel that he doesn't know why he was hired in the first place; his PhD was in a completely different domain, the objectives of the project were remote to his skills, and he told me this is what his entire team was made of. Seems like a lot of bloat present in this company, and it makes sense they feel the way forward is layoffs.
But this is just his point of view. Intel was hiring people and training them to do the job they wanted. And if they continued employment this means they were doing what was expected.
Also laying off incompetent managers alone won't solve the problem of having hired the wrong people