To my ex-Intel-indoctrinated friends. In the real world, we use CEOs' last names, not their initials and the turm fubar is usually only used by disgruntled military personnel. You're showing a lack of self-direction. The ship is sinking... Jump.
One go up and one go down AMD and Intel
https://seekingalpha.com/news/3929825-amd-rises-q4-results-top-expectations-forecast-not-feared
Could directors please give directions?
Just asking... You look like overpaid ballast to me. Most of you could be fired without anybody noticing!
Everything could have been much better
Intel didn't go on a downward spiral just recently, this place has been very misdirected for a very long time. That is why it is not possible to easily turn around some things and fix this mess. I started looking for another job and I believe... — read more
Responsible AI for inclusive and sustainable future
https://time.com/6250235/ai-push-us-forward-pat-gelsinger/
Manager is lowering my insights ratings since the company is not doing well
My insights ratings was reduced drastically for Q4’22. The reason I was told was because the company is not doing well the employees are also not doing well, so they cannot be graded high on insights Is this true for other groups too ? What should... — read more
Intel valued less than AMD despite > $20B taxpayer subsidies
The Chips ACT was written to primarily benefit Intel with tens of billions of US taxpayer money. And despite that being priced into Intel's market cap, it is still worth less than AMD. Hey taxpayers, how does it feel to get fleeced by a has-been tech... — read more
Another wonderful video before all hands
https://youtu.be/zy9ejyQbG8Y
It is the people and culture that makes Intel miserable
Intel has great pay and benefits, and it constantly encourages employees to expand their skill sets. The jobs can also be very challenging and satisfying. It is the people and culture that makes Intel miserable. Pointy-Haired managers giving... — read more
Intel Layoffs at Bangalore, India
I have seen quite a few posts on Intel Layoffs at Bangalore, India. Director IP Design, Smart NIC, Ethernet product... — read more
Intel warns officials it plans 343 layoffs at its Folsom campus
The company cited a “challenging macro-economic environment” and that it is “focused on identifying cost reductions and efficiency gains through multiple initiatives, including some business and function-specific workforce reductions in areas across... — read more
Layoffs are no longer considered to be a bad thing by many
The way things are looking right now, being laid off will be the preferred option of the majority of employees. Nobody wants to stay on the Titanic as it continues to sink. The only reason we won't see a mass exodus right now is the overall tech... — read more
Intel's cliff-like collapse looks more like Kodak than IBM or HP
Don't worry, it will all be over soon
The battle that we lost
A good 7 minute long video about where it all started to go wrong. https://www.wsj.com/video/series/news-explainers/the-computer-chip-wars-how-amd-ended-intel-market-dominance/419229E6-2C0B-46A8-8C1C-60F5B5BFD5BE
Will there be more layoffs in all hands meeting tomorrow?
With the projections reduced will they announce more layoffs in all hand’s tomorrow
Intel's Historic Collapse (Reuters)
Jan 27 (Reuters) - Intel Corp (INTC.O) saw about $8 billion wiped off its market value on Friday after the U.S. chipmaker stumped Wall Street with dismal earnings projections, fanning fears around a slump in the personal-computer... — read more
Can you get laid off while on sabbatical or bonding leave?
Can you get laid off while on sabbatical or bonding leave?
For those looking for a new job
Not shockingly at all to anybody, AMD is on this list. The only problem is they're not hiring right now. Amid an onslaught of tech layoffs, here are 12 major tech companies that haven't announced any job cuts in the past 6... — read more
Anyone knows if PSG will be affected by CMP in Q1 2023?
Curious if old ALTERA / PSG will be affected?
my analysis
Intel still has a chance to come back but getting harder every day. The immediate solution is 1) to reduce cost in profitable groups by offering volunteer time off 2) start co-investment partnership for Ohio and Europe Fabs 2) offer longterm RSU... — read more
2022 full year earnings
Back in 2022 Intel's forecast was a revenue of 76B with 1-2B in negative cash flow. In 2021 we had around 79B with ~20B net. Where and how they ended of with 76B and 1-2B negative FCF? they money was dedicated for building Fabs?
Are the enthusiastic comments on the internal website real employees?
(serious) Are these guys for real? Living and breathing Intel. Pat is their saviour, Intel is their home, they call their kids Blue Babies and couldn't live without the bing. People buying the corporate swag they give out to university students for... — read more
Q1 2023 OKRs
Read between the Lines on what your told. They are prepping for major cost saving, High earners are easier targets, those with long service, My OKR as directed is to create training docs as to what I do on a daily basis. Prepare to train new people... — read more
Hard to focus on anything as layoffs loom over Intel
It is just me or your productivity is impacted as well?
Heard more cuts coming to AXG after splitting group
Heard news that more significant cuts coming to axg after Raja’s sideline and splitting into two groups. Management is working on list.
Systemic vs Structural response
After 2008 financial crisis which was a economic systemic crisis Intel had suspended raises and decided no layoffs and said would come out stronger after the crisis. That worked well since everyone was suffering and they kept the talent needed to... — read more
What happened to Intel?
Non-employee here, but one that in a former life used to program Intel microcontrollers (8051) and of course PC's. I'd like some candid thoughts on what went wrong? Did the employee mindset change? Was it outsourced? When did it begin? Did the... — read more
Advice for the board
Fire Pat before he causes more damage. Hire a ceo who actually understands how semiconductor manufacturing actually works. Fire Dave and hire a CFO who actually opposes his CEOs batshit crazy financing ideas.
2023 rewards
I feel due to situation getting much worst, this year will have zero raise and zero RSU. What do you think ?
Big Tech layoffs are a problem of the industry's own making: Morning Brief
https://finance.yahoo.com/news/big-tech-layoffs-are-a-problem-of-the-industrys-own-making-morning-brief-112750716.html No mention of Intel, but Intel's problems run much deeper.
Zuckerberg for CEO!
https://twitter.com/petergyang/status/1619402451425304576
Must watch listen 18 minutes and decide is it a FUBAR
Every Intel employee, leader and board member needs to answer to the questions raised here https://youtu.be/KPbZs0kJhsA
What I’m forecasting
Rewards planning will be pushed further Second half 2023 macro will improve ELT will have an additional round of layoffs around 15-20%
What a stack of lies upon lies results in a disaster!
Past the pivot point and faced with the perfect storm! Amazing the CEO can continue this narrative while the whole company continues to sink. How can he honestly say it is a macro economic issue when every other company did better. The... — read more