Pat mentioned about benchmarking headcount within teams at Intel vs competition. The very basis of DE was formed based off the benchmarking of headcount at TSMC, this was mentioned by GP in one his QGS. Does this mean DE has the right headcount and... — read more
Distribution of ER/VSP/ISP
People are taking ER/VSP in DROVES it is quite possible that it ends up like this: ER : 5000-6000 VSP : 3000-4000 ISP : 10000 Total exits will be 18-20k.
TSMC Chief: Our 3nm Node Will Beat Intel 18A…
Pat, are you ready?? https://www.extremetech.com/computing/tsmc-chief-our-3nm-node-will-beat-intel-18a#:~:text=He%20noted%20that%20TSMC's%20internal,versus%201.8nm%2C%20theoretically).
TSMC sales grow 45% in July 2024… while INTC declines…
https://www.youtube.com/watch?v=zvNDlsJmIi0 Pat, what’s up with that?
Intel Years From Success in Foundry
https://www.eetimes.com/intel-years-from-success-in-foundry-business-analysts-say/ “The yields are just really bad,” Bernstein Research senior analyst Stacy Rasgon told EE Times. He questioned whether Intel would see meaningful shipments of 18A... — read more
Things to come in near future
BK used to use the phrase 'virtuos spiral/cycle' to paint a rosy picture. It appears that we are in a 'vicious cycle ' now. layoffs cratering employee morales. For the next 6 months teams will be paralyzed with gossip and legacy knowledge that... — read more
Where can I find more on the Unionizing?
There were some posts in the past regarding this. Maybe taken down? I have been discretely trying to find more information about this but people I trust at work seem to very tight lipped about it. There is about 2 months to go before my bargaining... — read more
BOD approved new ELT severance package on July 30th
BOD millionaires taking care of ELT millionaires ahead of announcement of layoffs. From Intel's Aug 2, 2024 10-Q filing: On July 30, 2024, our Board of Directors approved the adoption of the Intel Corporation Executive Severance Plan, effective as... — read more
Interesting Article
Even industry folks know how intel saves money by under paying employees (NOT considering stock and bonuses ) lol https://finance.yahoo.com/news/nearly-20-000-intel-employees-130016450.html
The pathetic part about the ELT benchmarking effort
People keep threatening Pat with talent drain on Circuit+ but the reality is it’s already mostly done. The ELT wonders why we look so bad compared to TSMC on all these benchmarks but it’s because they still have their talent and we do not. It’s like... — read more
Moody's downgrades Intel's senior unsecured rating
Moody's downgraded Intel's senior unsecured rating on Thursday to BAA1 from its earlier A3 rating, citing concerns about the chipmaker's profitability. https://finance.yahoo.com/news/moodys-downgrades-intels-senior-unsecured-223746528.html
Mobile and GPUs
Pat is not to blame for this mess. Intel's demise started when Otellini did not agree with Apple that ARM was the way to go for mobile processors and Intel did not go full in on GPUs for product development over 5-7 years ago. Pat is now trying to... — read more
Retirement - medical cash hand out question
Help here needed to understand, don’t know much about medical payouts, tax, what it can be used for. With 30 years, there is what I thought was about $32,000 you used to accumulate at $1500/year. Is that SMERMA cash? Does that have to be spent on... — read more
All ELT members saying you don't need to do more, we will reduce work
Does it mean those are working 1 hr a day can continue to enjoy the work life balance? Every time the question "Do we have to work more?" Is asked, the answer is "No, we are going to reduce what we are doing".
Intel has NO moat
Intel’s large moat which was being a powerhorse of advanced manufacturing and of a unique x86 architecture have been decimated. When you have poor leadership (Pat + ELT) and no moat, the business deteriorates and goes down the drain (awful... — read more
Downsizing
Let's hope Intel doesn't figure this one out. https://www.imdb.com/title/tt0974085/
Every Intel Employee’s Guide to Surviving These Stressful Times
The part of your brain that determines your stress level is not under your conscious control, but it listens to what your conscious is saying. Here are some tips to pacify it: — Tell yourself the truth. If you’re trying to calm down by telling... — read more
Would you hire X-Intel Employee's?
If you are a hiring manager and you get two resumes with identical skills, would you hire a X-Intel employee or say X-AMD/Nvidia employee?
Every time INTC drops below 30 God ki-ls a kitten
Well that’s what I thought three months ago I guess all the kittens must be dead by now
What will determine ISPs?
Any rumors out there on whether they will be determined by performance, years of employment, or something else?
Irish Fab MT numbers
Any idea what % of your area are opting in? Seems nearly 50% in mine. Seems like there will be a lot rejected. 😕
CPM minimum
Thinking about taking CPM at 2.5 years of service as I feel good about an interview I just completed last two week. Is there a chance I get denied given my short tenure?
My G5 colleague's LTRCA is worth more than my RSUs
And it vests faster too. Thanks, Intel!
It’s a shame to say I am working for Intel…disgraceful!
Venting out here…I regret my decision to join Intel and it’s a shame to be associated with this company. Never gained from stocks and in the past few years the salary remained the same…now I think the biggest loss for all of us that our resumes look... — read more
Nvidia and others turn to Intel, pressuring Samsung to secure orders
https://www.chosun.com/english/industry-en/2024/08/07/WDYITV3KAFBCVBQJUFOPNBG4SQ/
Enhanced retirement, what age and how paying for medical
Who here is planning to take the enhanced retirement with the plan to retire What’s your ~age and how are your handling medical (assuming under 65)? Not many tech positions in FM and if I take it, mostly like won’t work in tech (don’t want to move) — read more
Jobs after Intel?
What are the common jobs folks get after leaving Intel as a LTD engineer with Phd....you can work for competitors but almost all of those are in person.... Any remote jobs even if it's a different industry that folks have transitioned to... — read more
‘Sinkclose’ Flaw in Hundreds of Millions of AMD Chips Allows Deep, Virtually Unfixable Infections
https://www.wired.com/story/amd-chip-sinkclose-flaw/
Soda money?
"Billy likes to keep the money on the field." "Soda money?" https://www.youtube.com/watch?v=1pzV9GoSuys
Intel unstable chips caused Gmail server down?
Any root cause yet?
Millionaire Executives
Intels millionaire executives need to have a long hard moment of reflection. You greedy fu--s have taken an inspirational exciting respected company and ran it into the dirt. None of you have any respect for what Robert Noyce and Gordon Moore built... — read more
Maybe Pat is not the problem?
Let's see how well we understand Intel, and it's business. If one was to guess how long it takes to design and build a CPU based on a new architecture? Is it one year? Two years? Three years? Five years? or Six to eight years? Spoiler... at Intel... — read more
Who'll be the next to sue Intel?
Now that Intel shareholders are suing the company, who'll be next? I can think of a few groups, laid-off older employees included (age discrimination).
As strange as it sounds
I’m thankful for this mess. It finally pushed me to look for other opportunities. I’ve been here for too long and became complacent. Honestly, I feel more energized now than ever in the past couple of years. I don’t care that the job market looks... — read more
I have two interviews set up for next week
I'm ready to take a pay cut just to get away from Intel. The only thing that's giving me pause is leaving right now when there's such a high possibility that I might be laid off. I'd hate to miss out on getting severance. Would I be a fool if I... — read more
Problem solved
It's up to employees now to save the company. Buy 2 intel Processor based laptops/ desktops instead of one starting this month. Also ask your neighbours and family members to do so. More sales = More revenue= less layoffs. Every contribution counts — read more
Secret to getting promoted
Steal your colleague's work and upsell it to management.
Intel lost "confronting" culture, Intel lost "disagree and commit" culture
Everybody around manager becomes "yes" man, or a manager only keeps "yes" men, that was the start of the disaster. No one can stop Intel falling any more.