Kodak, Nokia Phones, RIM Blackberry, Alcatel-Lucent, PMC-Sierra. All great companies massacared during the last few years due to hubris & inflexability.
Do you believe Intel have what it takes to survive this era?
26 replies (most recent on top)
"What Apple’s Deal With Intel Says About the End of Moore’s Law
http://fortune.com/2016/06/18/apple-intel-deal-moores-law/?xid=yahoo_fortune"
What is hilarious is go ask any executive or senior leader in TMG about Moore's Law future and see what they say.
So ironic all this press about intel in Apple but the silicon isn't made by intel but by TSMC which makes so much of what is in the iPhone. The division that designed the modem was bought by intel for 1.4 BILLION. Since the modem is only ATT and estimated at about 25 million phones intel wil be in. Intel paid about 56 dollars and then has to pay TSMC for the silicon, what do you think apple pays for the modem about 60 bucks best case. We all know intel worked hard so I assume much less. So I figure intel is losing about >50 bucks a chip.
Can you say the tablet experience again. Rinse and repeat and lose money is what intel does in anything but x86, LOL
What Apple’s Deal With Intel Says About the End of Moore’s Law
http://fortune.com/2016/06/18/apple-intel-deal-moores-law/?xid=yahoo_fortune
What's really sad is that With the new direction, the PC's slow decline will become a plung as less money and effort will be invested in it. With the PC marginalized and no other cash cow generated in the forseeable future, the company is going to suffer badly.
Couldn't agree more 1 cxk!
Other than that BK, Diane Bryant, Renee James and others who have been senior leaders at Intel have never worked elsewhere, how can they not see the depth of the dysfunction?
After being recruited to Intel < 2 years ago, I was ISP'd.
During my short time at Intel, what 1dpf described below finally dawned on me after (seemingly) being punished by my manager (and his boss) for doing good work, offering new ideas and otherwise trying to make the group successful. It was truly just bizarre and like nowhere I have ever worked.
But it all makes sense in the context of Intel culture and politics!
Companies with the right cultures can overcome adversity (and market change), innovate and grow. Intel used to be that kind of company. My take is that Intel was too far gone before the layoffs and restructuring to make a run of it. And after: no f'ing way.
Might as well try to make ends meet selling tickets to watch the remaining employees battle to the last man standing.
"Excellent description @HJjTsc5-1sdo
I work for a manager who has no background, prior experiences, skills to qualify him to his position. In any other company, he would not have been hired, considered, would not have even passed candidate screening. Not surprisingly, majority of other members in the team lack necessary skills and backgrounds - they are close associates and friends of the manager. He spends all his time in playing politics and managing up, he shamelessly takes credit for other people's work. He is manipulative. Saying that he is a bad manager is an understatement. Productive, skilled, experienced people cannot work in these types of circumstances.
But I blame intel's leadership for this mess. Unfortunately, Act is only going to make things worse because it is giving more power to managers (politicians). I understand why intel's legal favors using metrics for layoffs instead of evaluating what adds value and what doesn't, who does real work vs who doesn't...Intel's issues are deeper, cannot be fixed by simple focal metrics. We don't have leaders, we don't even have good managers. All we have is a bunch of idiotic, talentless mid level managers who don't know what they are talking about, who use buzz wordy, fluffy language, who think going to meetings, having a full calendar means work...we live in our alternate universe where non technical people are called technical."
Last poster got it right!!
All about making sure your boss and the bosses boss hear the right thing and think you are doing what he thinks is the right than what really is right. Very little do I see a boss or bosses boss sit and listen, seek to understand, think and then make a change based on data and balance of all the issues. The culture that has been bred is to tell the boss what they want to hear versus what needs to be done.
The ACT thing is the same thing, LOL
Excellent description @HJjTsc5-1sdo
I work for a manager who has no background, prior experiences, skills to qualify him to his position. In any other company, he would not have been hired, considered, would not have even passed candidate screening. Not surprisingly, majority of other members in the team lack necessary skills and backgrounds - they are close associates and friends of the manager. He spends all his time in playing politics and managing up, he shamelessly takes credit for other people's work. He is manipulative. Saying that he is a bad manager is an understatement. Productive, skilled, experienced people cannot work in these types of circumstances.
But I blame intel's leadership for this mess. Unfortunately, Act is only going to make things worse because it is giving more power to managers (politicians). I understand why intel's legal favors using metrics for layoffs instead of evaluating what adds value and what doesn't, who does real work vs who doesn't...Intel's issues are deeper, cannot be fixed by simple focal metrics. We don't have leaders, we don't even have good managers. All we have is a bunch of idiotic, talentless mid level managers who don't know what they are talking about, who use buzz wordy, fluffy language, who think going to meetings, having a full calendar means work...we live in our alternate universe where non technical people are called technical.
OMG
Main frames got eating by the minicomuter..
Minicomputer got eating by the PC
PC got eating by the smartphone
Lots of rich company with the smartest of managers, engineers and CEO ( LOL ) couldn't rescue each generations going extinct dinosaur, dang hope you smart ones took VSP/ERP, maybe the ISP were the lucky ones, LOL
Moore's law is over. You aren't getting the performance gains that happened in the past. If you aren't getting the performance and people aren't buying your product, then the virtuous cycle turns into a viscous cycle as you don't have the funds necessary to invest in the next node.
It's amazing that people that work at Intel of all places still don't get it.
The PC isn't a dinosaur.
The PC (personal computer) is now a smartphone.
You can't get more personal than your phone which is a pocket computer with a powerful processor inside.
Intel doesn't sell mass market PCs in this sense.
They sell dinosaurs.
Seriously, with all the talent and money, they won't be able to survive even 10 years. I'm scared for myself now. I don't like this new economy. I want the old one back. You stay at a company and retire there with a golden watch.
sh--.
How is the PC stable when unit volumes fell from 340M in 2012 to 230M this year?
10 years, if 10nm don't show up on time intel could be dead in the water in two years, LOL
To crystallize the concept of how long 10 years are, think of this. 10 years ago there was no such thing as an iPhone or smartphone.
These things are killing Intel.
"Assessing incompentencies of Intel FLMs, SLMs, PMs, Directors in every organization who do more bull$hiting than work, Intel has no hope."
Intel, please do something about your lousy managers. Please, please get this figured out!!!!
1mvk
Why 10 years?
What's your logic?
With a 2 year cadence, that's 5 iterations of process node with flat revenue at best. You know who doesn't have flat revenue? TSMC and Samsung. You think Intel will stay ahead?
I agree with another poster here. The decline will happen far faster than most think. I wish no ill will but I cannot deny the situation.
Intel will survive for another 10 years. But there will be more layoff going forward for survival.
I hope Intel has what it takes to survive this era. Even though I'm on my way out, I know many good hardworking people still there and would not want to wish Intel ill will, which would affect them.
A long time ago a rather ordinary company had it's most average CPU selected as did another rather small and software company. But because of the monopoly of the OS and architecture they grew it into a billion dollar business of untold richness. They had huge volumes with captive buyers who had no choice but pay and buy what was made, that made for arrogant leaders who thought they were much better than they were and an insular culture grew that promoted people with less skill but more yes ability to feed the monopoly.
But a new monster appeared with a new little architecture that was open to everyone. It wasn't very powerful but far cheaper and as more and more could be put on a chip the difference between the little chip that could and the might x86 shrunk. Then a little fruity company showed the world what a little thing in the pocket could do.
Today the little ARM engine gives Samsung and TSMC volumes 5x of intel. They have 1/2 billion new buyers every year and thus spend more, invest more and have caught up in making the little chips.
The mighty engine that could still blindly hopes the rapidly shrinking x86 will keep the masess at bay while they continue to charge billions extra to their biggest customers who are looking at any and all options to do like the fruity company did with the little ARM. As we race to the end of Moore's law the TSMC and Samsung make things on many different nodes and will make money as everyone goes to them to make chips. While the mighty Intel has all the eggs in the next node, what happens when there are no more nodes. They have no other factories, no other products making other stuff.
Then the extinction will happen very very fast, could be as fast as Nokia or Blackberry became nothing, LOL
unless intel is on top of the next BIG THING...quantum computing chips, no.
Who cares? Move along, there's nothing to see here (but a dead dinosaur).
It looks like management wants to change the inflexible culture by letting go the older employees. I believe this is just the start - too slow and too late. The Intel culture is inherently sick and it will take much more than 11% layoffs to make a dent in it.
Those other companies were better off than Intel. They had excellent people and unique technologies differenciating them in the market which has continued to keep them alive. Assessing incompentencies of Intel FLMs, SLMs, PMs, Directors in every organization who do more bull$hiting than work, Intel has no hope.
How is Intel ok when client PCs sales are dropping at an astonishing rate?
You realize that it takes volume to fill the fab so you can invest and maintain a process lead?
The foundries are funded by the mobile juggernaut lead by Apple, Qualcomm and Mediatek. Even lowly Mediatek will beat Intel to 10nm.
You should read this thread
Certainly looks that way, only time will tell.
And it won't be long ... we should know in the next 2-3 years. Best case the company will be split and/or its core business redefined, similar fate to that of HP, IBM and others.
At least 5 years, even 10 years, Intel will be OK.