Hear there is a big announcement next Monday by PG. Any idea what he may say?
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When it comes to Intel it is just losers hiring other losers. The vast majority of these execs are unhirable in successful companies.
@3zms+19UKINSW: "Rats" or not, people tend to get his networks. Even the new CEO has hired back his previous staff to work for him.
Micron shutting the Lehi Fab is a large clue about future of Optane since Intel was the largest customer.
Rats are leaving the company.
Lately incompetent, over promoted VPs are leaving to join other companies. Departures across the company. Hopefully they will hire their loyalist friends. They need their bozo networks in their new companies.
Who is hiring them, you may ask? Other tech companies that are impressed by self promoter empty buzz word talkers...and Intel’s name of course. Good riddance.
Looks like the harvest has begun.
what will not be discussed is the stuff behind closed doors eliminating thousands of jobs and shipping projects to offshore. Watch your back and don't put your head in the sand deeper thinking Pat has your back. He will eliminate your job in a blink of an eye. No trust with Intel.
Going to be mostly self-aggrandizing fluff about how it’s a brand new Intel, as if 95% of the decision makers at the company are any different than they were 6 months ago.
The technical content will be hype for GPUs and ice lake xeon. Release dates and performance will continue to be vaguely defined. Also wouldn’t be surprised if Pat uses the wave of positive press as cover to silently k–l off some product lines like Optane.
Some more of wokism?
It’s a public announcement. No way they’d announce layoffs publicly first, then internally. I’m expecting HPG.
Agree in reductions this year, just not next week.
TMG employees were asked to attend a meeting next Thursday.
yes 20% RIF is planned over 2021 across all LOB.
the irony is we need these Indian to come back to rescue sinking Titanic
One more article re this topic:
https://www.crn.com/news/components-peripherals/intel-ceo-pat-gelsinger-to-discuss-comeback-plan-in-live-webcast
Here is the detail for the webcast on Monday March 23rd:
https://newsroom.intel.com/news-releases/media-alert-engineering-future/#gs.wgq4i8
Intel must layoff people that is process of panic soon by Intel employee
Lots of VPs being forced out. Rumor floating around of 20% workforce reduction