https://x.com/techepiphanyyt/status/1820366275417137628 If can’t take the heat… Hahahahhahahah
When to expect the email?
When can we expect the VSP email hit the inbox?
D-mb IDM2.0 training, Zero Motivation for Employees BUT Guilt free PG
Loyal, dedicated employees are receiving NO clear communication about the company's future direction. Good Managers despite building strong teams, now lack guidance to share with their subordinates. Instead of meaningful information, circuit is... — read more
Intel caused the stock market to crash
OMG 😲 Recall broken CPUs and layoff workers
Surprise begets surprise
The trouble with Pat and Dave saying “whoopsie doodle things are actually much worse than we let on last quarter” is that there’s still plenty of downside left for them to do that AGAIN at the end of Q3
When will the first full loop wafer exit the Ohio Fab?
Last week I thought the answer was early 2027 but today I think the answer is never
Bid farewell to Intel
Ladies and gentlemen, we gather here today to bid a humorous farewell to our dear friend, Intel Corporation. Intel, the silicon giant, the processor powerhouse, the chip champion, has left us. And let's be honest, it wasn't the competition that did... — read more
PG posting scripture while the stock falls off a cliff.
https://x.com/PGelsinger/status/1820129317122080977
Nvidia delays Blackwell over design flaws
Everybody is moving to fast in this industry. Reports of this issue started to surface on Saturday: https://www.tomshardware.com/pc-components/gpus/nvidia-blackwell-gpus-allegedly-delayed-due-to-design-flaws
Age will be a major factor
Watch as Intel does its best to get rid of everybody 50 and over while attempting to hide there's age discrimination taking place.
[News] NVIDIA’s Backup Plan? Intel Reportedly Secures Packaging Orders from the AI Giant
https://www.trendforce.com/news/2024/08/05/news-nvidias-backup-plan-intel-reportedly-secures-packaging-orders-from-the-ai-giant/
Intel: Prospects Worse Than They Appear
https://seekingalpha.com/article/4710427-intel-prospects-worse-than-they-appear
Any thoughts on how many will accept VSP?
I'm assuming the more accept, the fewer involuntary layoffs there'll be. I'm low-key hoping enough folks are unhappy here and are looking for a way out to minimize the need for laying off the rest of us. That would be a win/win situation, at least in... — read more
How will we be notified if the isp?
I know for retirement and voluntary cpm it will come in an email. I assume the isp will be in person with your manager.
Truth is finally setting in.
DZ even admitted they were overselling things. I think they were hoping for a bit of luck in Q2 and it didn't go there way and doesn't appear to get better in Q3 and Q4. Now, they can no longer hide the fact that the revenue they lost was not... — read more
China’s in control
Source below… There's no sugar-coating this so I'll give it to you straight: We don't have a competitive domestic chip industry & we won't have it in the next 10yrs China will take 🇹🇼 & control TSMC We will keep buying chips from TSMC w/... — read more
10B cost reductions in 2025
This won't be the last rodeo of layoffs. And sure it won't come from ELTs pockets. I'm expecting year round CPMs next year
How can projections and status be that far off?
The thing that annoys me the most is that things were looking OK. We finally rid ourselves of the austerity measures, we resumed the intercampus flights, the stock almost doubled in 2023, dropped in early 2024, but had recently made it all the way... — read more
Pat will turn around by a focus on his ABC’s
Always Be CPM’ing
Why DCAI not opening CPM window this time
Why DCAI not opening CPM window this time
0.5 nm protect the secret we-pon?
It can’t be cut. Better to join this team or too late for this to succeed?
Why would anyone accept CPM VSP ?
Why would anyone accept the CPM VSP coming tomorrow? Unless you have an offer in hand is there any reason to take the VSP over waiting 2 more months and get salary and insurance? And spend August and September job searching.
So Monday should be fun
Monday is going to be a hoot. After being glue to this site over the weekend I am a bit nervous about coming in. Is anyone else nervous?Opened my eyes to a lot and pulled back the curtain on the type of people I thought were my colleagues.
How many victims are effected by Intel criminal schemes ?
Any estimation ???
Voluntary vs Involuntary package differences?
Based on historical data, would anyone know if the involuntary layoff package would be substantially worse than the voluntary separation package? Circuit+ does not mention any numbers for involuntary layoffs AFAICT. Thanks for any insight.
you guys think it a value stock to buy now?
Almost historical low, is it a right time to buy bule chip stock?
Patrick Gelsinger, a suboptimal CEO, one of the worst CEOs today.
Must watch: https://www.youtube.com/watch?v=8j-jk9xLyAo Destroying value and bankrupting the company at once. Thank you, Pat!
Is Intel 5N4Y still working after 20K heads cut?
Should we revise this strategy after cost reduction to make it sound good and be realistic again? What do you think ? 4N5Y 4 nodes in 5 years 3N6Y 3 nodes in 6 years 2N7Y 2 nodes in 7 years 1N8Y 1 node in 8 years 0N10Y 0 node in 10 years — read more
Early Retirement Terms vs CPM?
I believe the CPM terms have been the same for the past 1.5 yrs since the Nov'22 actions. Does anyone know what "enhanced retirement" means, and if it's better (or the same as) CPM? I know if you are eligible for retirement, and get CPM'd, you are... — read more
Its over for Intel
When a company hires a consulting firm they get advice on restructuring. The downside is all of your strategic advantage and innovative secrets and "leap ahead" products are no longer secrets. This is how consulting companies take over and control... — read more
Generous (for some)
Given the position the company is in I think the package is generous for me. I am almost at 30 years and I get 63 weeks of pay. Also, I get $20K extra payment + $36K SERMA... Finally there is 18 months of COBRA and one year of stock accel... When... — read more
https://twitter.com/TheLayoff/status/1820159989539098986
https://twitter.com/TheLayoff/status/1820159989539098986
Pat’s sermon for today
On X today : “Let your eyes look straight ahead; fix your gaze directly before you. Give careful thought to the paths for your feet and be steadfast in all your ways” Proverbs 4:25-26 18A is in utter shambles. There is zero % chance TD will meet... — read more
Offensive
Form 8k disclosable events: on July 30 2024 Intel passes an exec severance plan for ELT even is terminated without cause. It’s in the public 10Q for Q2 2024. Timing is disgusting
How Many Lives Ruined?
Of the 15-18k what % do you think will never bounce back and this is starting point of their decent into depravity and spiraling into irreparable chaos? They can no longer pay mortgage or car payments or children’s tuition. There are going to be some... — read more
Which of the three envelopes is Pat on?
https://www.youtube.com/watch?v=u7XkWMNzbNA
Intel Layoff Q3 2024 : Which Sites/Departments Are Affected?
Intel announced a significant layoff, impacting 15% of the workforce (about 15,000 jobs). Does anyone have insights on which specific sites, job types, or departments will be most affected? Wondering if specific locations or teams are at higher risk... — read more