What is going to replace the lost revenue from PCs? Do you really think Intel can grow? What are you doing to manage your long term career in light of the the PC becoming a dinosaur?
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It was precisely because I wasn't a yes-man that I work so hard.
It's not about working hard. You were a mere yes man!
-cqr
You are not in prison.
You are free to leave for another company.
Unfortunately I didn't get the choice. I wasn't offered any packages. I guess I'm too much of a good performer, only because I worked myself to death for them. If I didn't work nights and weekends, I'm sure I would've received a package.
The problem is difficult to solve. The rank and file will not solve it. The leadership has demonstrated zero ability to grow earnings/revenue.
A company without growth means your career will not grow.
So, if you are rank and file - why the heck are you sticking around at Intel? Hope and belief in magic?
Upgrade your skills and aggressively interview at other better-positioned companies.
They are going to require taking blood plasma from workers.
Sales of sperm and eggs will be used to pay for executive bonuses.
Some will be pimped out.
What is going to replace the PC revenue growth?
That is the multi billion dollar question that CRB and PSO both failed to crack ( a PhD / Standford Professor and Haas MBA ). Have no fear we have a San Jose State graduate who thinks conmodity memory and the IoT open circus will be the deliverance.
Believe it or not sometimes no amount of brilliance or strategy might fix a company without a complete transformation. Think about Kodak, HP's printer business as examples. So Intel makes billions in x86 server and has a huge manufacturing machinery so what can they leverage it for that commands 60% GM? I tell you it ain't NAND, IOT, drones nor game shows, LOL
-nar
Bad example as most people use their phones to post here - I certainly do. Content creators that actually require a PC are a small minority of the mass market. Most people write small documents that could easily be handled by phones or tablets. Your i7 is major overkill for posting on a msg board.
The analogy is more like film makers vs. movie watchers. Very skewed to the latter.
I am to collect a pay check by doing the least amount of work until i get ISP
I'm staying for the free coffee, soda, and fruit. Great Place To Mooch.
In order to answer your question you should first understand the problem Intel has. See the link for detail
https://www.thelayoff.com/t/HFjvMAf
@-nar,...
So what point are you trying to make by saying that you are typing on an i7 laptop and that this machine should be good enough for another 5 years? If the point is that Intel will not find any growth in their current bread and butter business, then I would agree.
"What is going to replace the lost revenue from PCs? Do you really think Intel can grow? What are you doing to manage your long term career in light of the the PC becoming a dinosaur?"
I believe that Intel will need to downsize before it can grow, which is what's going on (albeit in a seemingly haphazard and disruptive way).
Bain Consulting has been extracting revenue from Intel for years trying to answer this question and push Intel into new business models. Without much success.
In order to be a successful growth company, Intel will need to add to its core business (neither servers nor PCs will save us). 5G, verticals, customer engagement, collaboration on solutions with system integrators and many of the necessary attributes just aren't in the corporate DNA and culture.
Is the board willing and able to put the people into place and go through the pain to transform Intel into a customer-responsive, externally-oriented, collaboration-minded company?
Or as BK would describe it, To Make Intel Great Again...
All the content we constantly consume with our smart phones was created on a PC and resides on a server. The PC isn't a dinosaur, but it is a mature market and replacement isn't needed every two years just to have adequate performance.
I'm typing this on an HP laptop with an Intel i7-3632QM, a quad core hyper-threaded 22nm Ivy Bridge processor released almost four years ago. Its still a fast machine with a 1tb HDD and 8gb DDR3. Its probably going to be good enough for another three or four years, maybe more.
To those developing skills while at Intel. Why not develop those skills outside of Intel where there are companies better equipped to deliver the learnings? For example - take software engineers. There are so many more companies in the world that are actually growing where you would most likely be better off.
I got ISP so I will comment hypothetically. If I had survived, I would have had to update my skills on my own dime since my domain is unique and I doubt Intel would have paid them if it is not needed for the current job. I hit a dead end where my next natural career progression was moved to a low cost geography or GER.
Software and firmware and web services. Enough said.
It's a tough question to answer. My hopeful side is hoping that there will be a pick up in macro economical conditions in Asia and south america and that will help stabilize PC. Also, I am hoping that TAM for server CPUs will continue to grow so that even if lose MSS to new players in that space, we should be okay. But the reality is that DCG is not hitting double digit growth, process is behind schedule, PC is being killed partially by the market condition and partially by disinvestment that the management is making to PC business group. I am not at all optimistic about IOTG. IOTG in my view can only work for a company that has a vertical business model to make any real money. And we will never be a services company. When all said and done, I think the company will probably split into two or three pieces. And depending on your specialty, there will opportunities in any of these pieces, but there's going to be A LOT of pain to get there.
I make sure I have keep on skills other employers are looking for. I didn't get VSP but interviewed with a company just to get feel of my marketability. I was given a nice offer but turned it down. But I guess in the process of improving myself I can keep getting above success.
I think of the quote “Train people well enough so they can leave, treat them well enough so they don't want to.” ― Richard Branson
And if Intel isn't doing that I at least make sure I train myself so I can leave if I need to.