Any word on layoffs in TMG? Please no opinions. Genuine educated guesses are welcome.
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After TSMC ramps 3 nm risk production up next year, 7 nm products in 2023 will not make sense ... just as it is happening today 14 nm products can’t compete with 7 nm (many more cores)... and as intel uses more and more TSMC for graphics and fpgas they will see in-house costs being much higher...
As intel gets more competition, demand for cpu will reduce requiring smaller number of wafers and further reducing need to go invest in 3nm..
By end of 2021, we will know.
Equipment is the majority of cost in a Fab.
Those are already bought & depreciating
You need folks to run them.
I believe no layoffs/limited hiring in short term but expect margins to be hit if Yields are not good.
Beyond 2021 is really tricky.
Trade wars likely to start and semi is a strategic industry.
It's embarrassing but we may start having to rely on government assistance.
Nope. No cuts will happen. 75billion dollar company and still will rock!
14nm and 10nm is fully booked and 7nm is way behind, a few heads should role, and costs will need to be cut, we know who is inefficient, benchmarks are clear as to who is expensive both in terms of productivity / head count and cost / head.
TMG won’t immediately cut but TMG cost compared to TSMC gigafactory are uncompetitive and now that AMD is at similar node and ramping as Apple moves to N5 look out Arizona, Ireland and Israel, when you had a monopoly and a generation yield you had leverage but the LTD FUBAR is epic in collapsing any advantage and downsize or sell off and or subsidies from US government is certain
Intel is still doing 75B+ business per year and they are selling whatever they make. In fact demand for the product - albeit older technology - is so great , in some sense it hampers attention needed to work on bugs of future products.
Given that, no - there wont be any layoffs. They need all hands they have just to carry out the business they have. Including the vast majority of inefficient ones. They cant risk another culling and resulting lost opportunity.
Hahaha....if that's the argument... we good. Intel is here to stay. Unfortunately haters will always be haters.
"..... is huge, billions of dollars,and hundreds of extremely smart and intelligent talented people."
You can say the same about Pan Am, GE, GM, Kodak, etc. etc. If we hold on long enough, it might get revived back like Kodak. Given the "rosy culture" of Intel today, you can count on it, until.... well.
How did that "rosy culture" got hold of Intel, known in its golden age for paranoia, should be studied for decades in business schools.
I always come and ck what's going on here . But every time any little thing happens everyone starts screaming layoffs . I guess cause it's a layoff sight. All I can see is that TMG. Will not have layoffs for a long time. We may have missed 7nm but intel is huge, billions of dollars,and hundreds of extremely smart and intelligent talented people. Intel will get through this like it gets through everything . Stock will go up. It will take a little bit of time but let's be realistic intel qill be around for a long a– time !! Woop woop
if wafer yield stays the same, it will be layoff for sure.
Look at how any wafers Intel has planned to run at external foundry in 2021 and beyond. It can give a sense of how many people internal fab need to trim. Unfortunately, the middle managers of certain culture would most like amplify the damage to company and employees. Time will tell.
TMG has commits to run at full capacity for the next 18mths so no layoffs soon. If 7nm can’t get back on track, it’s looking likely there will be some sort of action in 2022.
I don’t think there will be layoffs because the big fish is already out . This will save a lot.