Folks it's really bad in parts I agree but let's face it Intel isn't going anywhere for a very long time. If you want to stay, plan plan plan and figure out how you can fit in amidst all this disruption and upheavel. Moan away for sure for the sake of chats but don't let it really get to you. Think back to how defunct and messed up the banks were around the financial crisis, but the system needed them so they were protected. In the same way, the US fundamentally needs Intel and the major Intel subsidiaries are essential to local economies. Basically policy makers around the world have our backs. It would take decades to wind us down. We are far more systemically ingrained then the likes of Kodak or Sony or HP (who I see regular comparisons too). so manage your head, manage your day to day, manage what you really care about outside of work and it will be okay, not necessarily great but, in the long run, totally fine.
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It's the complacent mindset of this OP, likely mirrored by a lot of Intel execs, that is largely behind Intel's demise. To take the attitude of "Hey, we're Intel! We're too wonderful to ever go under" reeks of incredible arrogance and ignorance.
Intel has competitors that eating Intel's lunch right now, and this will continue. Complacency is gonna destroy Intel if it keeps this up.
List of perished empires and businesses that were too big or too powerful is rather long. A time comes when letting go is the way to go. Cheers.
OP, you might be right about the government intervening but the result would be a very different Intel. Expect it to be scaled back so there is just enough left to meet the governments strategic needs and not much else. It won't have 125K+ employees. This isn't 2008. National debt has more than tripled since the banks got bailed out. The banks made fools out of the politicians who did the bail outs. Any handouts will be greatly scaled back and would probably have guidelines on how it can be used. Bottom line, I wouldn't get too relaxed or you may get blindsided.
WTF ... it is already failing and ready to collapse soon. Too big to stay on its fundamentals.
Banking is essential and some large banks were allowed to fail like Bear Stearns.
Semiconductors are important, but the industry, through market forces, has decided that Taiwan provides the best value. Korea is number 2.
Market forces always win in the long run.
Intel is in deep sh!t and to think otherwise is not facing reality.
The company isn't going anywhere, but you have to think if your maneuvering to save yourself a spot in a torrid company is worth it vs spending that effort somewhere else.
OP here: Intel, and the government, is still figuring out which part of the technical and regulatory ecosystem Intel will own. But it will own something. A job needs doing and there aren't enough companies doing it.
Intel will "degrade over time" : )
Got a job elsewhere, sold all the stock and have a house full of Macs. Intel is gone from my life. Never turn your back to the ocean.