interesting as I'm not seeing mention of their plan to search for a CFO? Who will be CFO? and will the search for CFO be long too?
Topics regarding layoffs at Intel Corp.
Bob Swan in 2017 "Honestly, I think we have too many people," 'We hate layoffs,' but 'we're trying to deal with reality here" https://www.oregonlive.com/silicon-forest/index.ssf/2017/08/intels_cfo_i_think_we_have_too.html
DEC had technical leaders while growing, then they brought in Bob Palmer in mid 90s who was a bean counter. DEC had sparkling new child Alpha then however, most of the revenue came from VAX/VMS that was bread and butter of the company and that let... read more
New CEO needs to deal the mess of manufacturing as it now lags behind TSMC two generations. It is serious because TSMC is not just one company. It works for all Intel's competitors. They can now put more transistors in unit area than Intel, which was... read more
https://seekingalpha.com/filing/4320246 connection with his appointment as Chief Executive Officer, Intel entered into an offer letter with Mr. Swan (the “Offer Letter”) setting forth the terms of his employment and compensation. Pursuant to the... read more
This is going to be released to managers next week. Not bad considering the situation.
on one hand you have a CEO who has a ph.d lots of research and who is going to be focusing on pushing the envelope with technology. on the other hand you have a bean counter that's going to be counting beans and thinking about how to reduce cost... read more
Speaks a lot how useful the board is. In fact it is no different than 75% people at Intel who pretend to work but do nothing....
When will we see high velocity Latefield in high volume production? Surely that new Q team and it's new HVDM has panned out to be clearly better than prior Intel SOC teams.
Anyone heard of any rumors? Is it going to be another 2.x%?
The truth is AMD had a lousy quarter just like every other chip company,Nvidia being the worst. AMD also indicated it's going to have a lost Q1. What's moving AMD is the promise that starting Q2,it will be great because by then, Rome will be out, new... read more
Qcom, AMD, Nvidia, Apple (and pretty much everybody else's) design engineers are working on 5nm designs as we speak. In the meantime, Intel designers are held back by TMG's inability to deliver even 10nm. The willful abandonment of a regular... read more
This will coincide or be slightly prior to new CEO announcement.
I hear that Intel aims to concentrate all R&D to a few megasites (at least thousands of employees) and aims to shut down most of the sites under 500 employees during this year. This has been the trend for a while but will get more aggressively forced... read more
Intel's manufacturing woes started with the 2016 employee reduction. It just took a while for that to become evident. The brute force tactics used by HR to make sure that they got enough people to take the buyout packages back fired and too many... read more
At this point, Intel will soon make an offer to Netanyahu for the whole country. https://finance.yahoo.com/news/intel-offered-6-billion-israels-072913462.html
Non-political worker bees will get fired. The bloviators and b---s---ters will always remain. Intel Focal process is completely corrupt and useless. It actually tags the successful, hard working employees for termination and promotes the lying sh1ts... read more
As somebody said in another thread, it has been over seven months since the search for a new Intel CEO has started, and still we have no proper candidates (or much more likely - no candidates who would be willing to accept this job.) Which truly is... read more
Paying for useless people is cheap. The real damage is when these people spend massive money on counter productive projects and drive the wrong strategy forward. The solution is maintain the pyramid and cut number of middle management by half... read more
When can we see captain, we are sailing on a ship without a captain
"Look how the BoD pulled the rug out from BK a man who dedicated his whole life to the company, and now you wonder why no good candidate can be hired, drafted, coerced." Don't get me wrong, I still think BK was an evil, corrupt clown. But the point... read more
Intel and management team can learn a thing or two from the cultural and focus of Samsung and Huawei as well as the other direct competitors or indirect ones like TSMC, nvidia, Apple, AMD and even Google and Amazon that are killing it.
No company in the past decade was better positioned with resources to capitalize on technology. Sadly Intel had no leadership capable of taking an advantage of that. Intel hopefully won’t disappear from the tech map but our industry is littered with... read more
They just knocked out 100+ ppl in the PSG group, saying the difficult climate in the data center business, they have to reduce some headcount. I’ve just read it on another thread, can anyone confirm this
His top priority is to hire the next CEO and he can't even do that! Who can fire this incompetent gout suffering fool
Layoffs are now a certainty as predicted. https://techcrunch.com/2019/01/24/intel-shares-drop-6-after-rare-revenue-miss-in-q4-earnings/
Against an already uncertain backdrop, Intel emerges with unique issues. https://realmoney.thestreet.com/investing/stocks/intel-marches-toward-earnings-amidst-macro-management-questions-14844629
Track record as technology visionary Track record as product visionary Ability to pick and attract solid leadership team Track record as an outstanding mentor Highly organized Outstanding manager Admired by direct reports Zero tolerance for BS... read more
2019 will go down as the year of reckoning - the fallse security of the cash cow and chip shortage blinding to the underlying decay in technical leadership, most shockingly in the fab. 5 years ago we claimed to be so far ahead of the competition so... read more
Tomorrow by this time, Intel will have a new CEO!
Any predictions what will be announced during Q4 results announcement? New CEO? Spinning off fabs? Selling McAfee? Buying a new business? Layoffs?
The modem is still not taped out. Many expect it to return from the Fab dead on arrival