Thread regarding Intel Corp. layoffs

The government money for the foundry biz probably is effectively unlimited. Easy for politicians to fearmonger about a degraded US position in chip production being a national security threat. Of course, subsisting on taxpayer dollars isn't the pathway toward a healthy, internationally competitive business. The public could also become resentful of their hard-earned money being used to prop up the jobs of relatively well-off engineers. And if the company splits, the design company won't be able to benefit from that largesse.

I don't think there is any domestic US company that would be able and interested in buying the chip design biz. NVDA and APPL are Arm shops and neither of them want to inherit the Intel train wreck. Apple is probably still regretting the 5G purchase. AMD would be blocked from a merger. Rather than being a household PC name, I could see ProdCo transformed to a TI or ON style company, or swallowed by a foreign entity like the Adani Group.

Intellectually bankrupt there are so many of them

Breakup should have happened long ago before self destruction took place. For example, for ProdCo to win, it needs the Royal Core and graphics. Now it becomes a little AMD. How ironical is this?

When Intel starts selling off business units it will be really bad for the vast majority of the people working in those BUs. Buyers are only going to want the IP and maybe a handful of the most experienced employees in each group. They will be very selective about co-mingling the toxic Intel culture into their healthy workforce. The layoffs will happen fast and the severance will be the minimum.

@pvm..
For Product Co, who might the potential buyers be?
I can see NVDA would buy DCAI just for Xeon products..

if there is a way to remove the "intellectually bankrupt managers"? This is critical, otherwise, the many layers of managers is the heavy cost and Intel will not survive.

I wonder why you think you are safe ?

Or Intel should just do surgical layoff/firing by 50% and continue as a design/manufacturing unit. Replace all intellectually bankrupt managers with nimble bright hardworking managers who get paid same as the highest in their team. Make organizations flat and lean. Work hard towards regaining AI chip share.

Downsize HR, Legal, Marketing. Cut all non-sense benefits. Behave as a startup.

Who will acquire the product?

You sound so sure you are staying. How do you know you won't be ISP'eed?

Product Co is unlikely to survive as a standalone company and will very likely be acquired. You can guess who will acquire, but there are two names currently in the running.

Foundry will need a complete overhaul, yes with massive taxpayer bailout.

Sad end. This was entirely avoidable, even as recently as 3 years ago when Pat took over. Had he actually fixed the mess instead of whitewashing over it, we would have been in a better place today.