News Intel plans sale and leaseback of its 150-acre Folsom, California campus — releasing capital but maintaining operations and staff

[Admin]

Intel set to consolidate its properties worldwide as part of the strategy to cut costs.

Intel plans sale and leaseback of its 150-acre Folsom, California campus — releasing capital but maintaining operations and staff : Read more

 

[Hooda Thunkett]

So, uh, Intel....you wouldn't have to leaseback some of those properties if WFH was a thing. You could save more money by just selling those locations and consolidating into others where WFH is impractical. Jes' sayin'.

 

[johspi]

What does WFH stand for?

 

[USAFRet]

What does WFH stand for?

Work From Home.

 

[NinoPino]

Nice photo, very inspired.

 

[why_wolf]

Short term solution to a long term problem. Also will end up costing more in the long run.

The looting of Intel capital assets has begun.

 

[johspi]

The buyout for me was perfect timing and the best option! Good luck to Intel...