Topics regarding layoffs at Intel Corp.

Topics regarding layoffs at Intel Corp.

Intel should go private

Intel should go private, we should get compensated for the stock we still own, get a payout, and have the Board burn the remaining of the company to the ground... let them burn it, but have stakeholders get out with grace and not completely ripped... — read more 

Pat and Dave admit incompetence

https://www.oregonlive.com/silicon-forest/2024/08/intel-execs-admit-they-were-caught-off-guard-by-business-downturn-triggering-historic-cuts.html Caught off guard? You mean CS’s daughter’s two laptop use case wasn’t common? Clowns. — read more 

Some of posts are very misleading

Personally I am disgusted with the management style of PG (over-promising and financially irresponsible). I absolutely hated him attending Davos multiple times even when Intel was at a smaller valuation than peers. As a tech leader, he should focus... — read more 

SD: Apple is America’s semiconductor problem

With the 2022 CHIPS Act, the federal government made a massive investment to reshore semiconductor chip fabrication. Why? Covid-era shortages of semiconductor chips had revealed America’s shocking dependence on brittle international supply... — read more 

5N4Y met, hence lay off!

CWF powered on! 5N4Y met. All the workforce they hired for past few years to meet this goal is no more needed. Hence the layoff!

Would performance based CPM really help?

There are a lot of comments here mentioning that low performers should be the first ones to go, but on the other hand, how fair the performance evaluation really is? I've been in restructuring he-l for the past two years and changed 3 managers. My... — read more 

WTF has the Strategy office been doing

Well, so much for hiring the top strategy folks for the big 4…. We should have known better after using BCG before ; but the second you hire McKinsey you know exactly where it’s headed … This is sadly accurate... — read more 

What if Pat was a saboteur

If Pat was sent to sabotage Intel he would have probably have done something like this overpromise and underdeliver every single product talk trash about every possible customer to ki-l relations spend a lot of money on factories with no... — read more 

WTF Intel?

News Flash. https://youtu.be/EHZw-oFDuek?si=TdglPGqEcGVfsbWI

2026 EPS $1.88 FactSet

https://www.morningstar.com/news/marketwatch/20240807852/intels-stock-is-down-38-in-a-week-and-it-just-got-downgraded-again Given a PE range of 20-30, share price in 2026 should be 40-60$.

Intel Wafer Fab Capacity

https://www.semianalysis.com/p/is-intel-back-foundry-and-product Significantly lower 10nm mix + less reliance on TSMC -> better gross margin in 2026

Silver lining

Intel is not going to go bankrupt given the recent financial maneuvers. Expected 40-50billion cashflows (cost saving, incentives, jvs) in the next 1-2 years. DZ also mentioned the cashflows will deleverage the balance... — read more 

Intel won’t even exist in 5-10 years

Did you guys actually look at our latest financial report? It’s pure disaster. We are bleeding cash and our debt is growing like crazy. At this rate we will have to file for bankruptcy in 3-5 years at most.

LTD, 18A failings, future

Ironical that Kevin B and others are gloating how great 18A and Clearwater Forest are, when in reality: 18A yield is in extreme poor health and there is absolutely no denying of it. The chance of catching up to TSMC’s 2nm next year is 0% .. — read more 

True story

I was offered a significant retention bonus to stick around as I hinted to my manager I was interviewing at NVIDIA. I am going to wait for the NVIDIA offer to come through before declining!

This didn't take long... INTC below $19

Great quote from this article: "Intel stock is a litmus test for anyone who calls themselves a contrarian investor " https://investorplace.com/2024/08/intc-bloodbath-aftermath-buy-intel-stock-because-no-one-else-wants-to/

How to best avoid layoffs

Please feel free to add tips for others to follow. One useful tip is start looking around while things settled and if possible, make sure you are getting along great with your manager since you don't want to be the first he/she picks to go.

Intel Hiring Practices

I see that several post regarding spicific aspects of Intel's employe selection and hiring practices get taken down as soon as they are posted. Yes, this is a legitimate issue when taking money from the government to create chips and jobs in... — read more 

Ofc best people will take VSP and run

Everybody in their right mind who is competent, skilled and employable is going to leave. After they did everything in their power to convince everybody Intel is not a company worth working for, nobody worth having will stay. Not to mention that... — read more 

CPM for FMLA/STD

I am currently in FMLA and short term disability - undergoing cancer treatment. If my group gets affected by CPM actions how can I continue the treatment with health benefits ceased?

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