Thread regarding Intel Corp. layoffs

New BOD for failed governance and of course new CEO

Step 1 : Sack a scapegoat
Step 2 : Bring in a new scapegoat
Step 3 : Re-org
Step 4 : Layoff
Step 5 : Fail
Step 6 : Go to step 1

Ah, back in the days when tick-tock meant something else than the countdown to a slow trainwreck.

$15b for ME, if that doesn’t start paying off shareholders should consider a class action suit. How many bungled acquisitions can they squander!

If autonomous fails, Intel will fail! They still have the debt on the balance sheet for that.

IoT is a bet that will never pay off. Just look at the group.

Autonomous driving is a joke, despite all attempts to "buy in".

Keller tried to refocus on Atom after years of Big Core thinking them inferior.

@sdg+18bT0EZT ATOM or whatever you need it to be manufactured where is 10nm and 7nm. 14+++++++ can’t do it all and it never matched prior generation Yield, without Yield you have nothing

@cxh+18bT0EZT at least in Willamette, Prescott and Smithfield days we had a reasonable process leadership to cover lack of design innovation. RISC and Multicore all pioneered by others and copied, but if you can’t make it doesn’t matter what you design how great or bad.

ARM was the right base for IoT but intel sadly sold that and went all in x86.

Sad intel had money, time and talent to do it all, management, fellows and strategists all failed and now TMG has done the ultimate fail

The Atom core was intended to compete with ARM, so it's not like Intel didn't try to compete. It just didn't put enough focus on it. You could make the same argument that Tesla caught GM and Toyota by surprise with electric vehicles. Perhaps it's just inevitable that market leaders will eventually be replaced when new technologies come out.

In hindsight, Intel started going seriously off course 20 years ago back when they designed Willamette and subsequently failed with its follow up Prescott (could not tame the massive pipelining). That family of CPUs represented the maximization of ultra-overcomplexity and power consumption. The so-called 'right hand turn' into multi-core was an improvement, but management maintained wearing its blinders and failed at innovating for the inevitable future. It's doubly ironic that Intel had an Internet Of Things team without a plan for a CPU that would host that internet in the long term.

Or sell off businesses.

What about all the significant acquisitions made over the last 10 years which ones have paid off and which ones have been a disaster

IoT and autonomous driving bets need to pay off, otherwise Intel will be done within a decade

Big layoff will be coming to TMG and there is no reason Intel size can’t be reduced to similar size as AMD or Nvidia.

With that kind of restructuring I can see the stock PE jump to the 30s or 40s.

BS job is first and foremost to rewarded the stock holders. I have confidence he and the current BOD know their charter and will execute what is needed