Thread regarding Intel Corp. layoffs

BK, please control the unnecessary spending and rein in the $ wastage!

After 12,000 layoff to save $1.4bil but yet continue to allow runaway spending! Every few weeks I see boat loads of engineers and managers fly from PG/KM sites to Intel CH just for few days meeting then fly back! All these travels on business class ain't cheap! Are such spending necessary? What is BK's intention for the $1.4bil savings from the 12,000 layoff? For staff to continue throwing money with unnecessary spending?

Even PO during the 2006/2007 layoff, put huge cuts on unnecessary spending in order to rein in the $ wastage. A few critical and necessary travelling is understandable, but not boat loads of IT engineers and IT managers flying from PG/KM sites every few weeks! That is irresponsible! There's even a joke going around that CX business class lounge in Hong Kong transit airport is now an Intel cafeteria!

I sometimes wonder if BK and his merry men are aware of what's going on!

by
| 1552 views | | 10 replies (last ) | Reply
Post ID: @OP+J6awHx0

10 replies (most recent on top)

A few years ago you could always send a note to senior management and often they'd respond. I had in my archive responses from CRB, PSO, and BK.. boy they missed the boat on technology, or we'd be doing ARM and at nearly 75Billion but that is a story for another post.

Why don't you send a note to BK and tell him about the meeting, the number of blokes traveling and if it was worth it and CC the GM of the division hosting it, after all isn't intel cultural still constructive confrontation?

by
| | Reply
Post ID: @3unh+J6awHx0

@1nen. BK may be a skinflint but he does not have a grip on what's going on internally. Groups like MIT are constantly traveling by large numbers every few weeks. Face to face meetings for critical issues once in awhile is acceptable but not to the degree of every few weeks. And it's not one or two MIT engineers/managers travelling to US, it's many MIT staff every few weeks. And these travelling aren't cheap. The money can be spent more wisely! BK needs to get a grip on things happening under his watch especially on the $ wastage instead of laying off good folks and then allowing others to throw $ freely!

by
| | Reply
Post ID: @3dqy+J6awHx0

What's the Bain Consulting budget?!

by
| | Reply
Post ID: @1zah+J6awHx0

Shut your pie hole. BK has been a skinflint for travel in TMG. Everyone knows that a single face to face meeting with colleagues is worth 1000 phone/video meetings. Hey, maybe TMG should have some engineers travel...

by
| | Reply
Post ID: @1nen+J6awHx0

We could get rid of half the "processes" people have concocted to make their own lives easier while providing zero value to the company and save another billion. We seriously hire lots of people just to manage "the processes", with no thought of streamlining and doing things cheaper and better from the start.

by
| | Reply
Post ID: @ijp+J6awHx0

Classical situation, managers paid a lot, lots of perks, and do no real work. Technicians and engineers end doing all the $hit work and first to get laid off.

Intel don't care one bit for you, nor your manager, watch yourself to

by
| | Reply
Post ID: @awz+J6awHx0

The funny thing is that all the managers fly around all they want to nonsense meetings, but engineers can't even travel to help customers onsite in critical cases. Of course managers get to decide where the budget goes.

by
| | Reply
Post ID: @yux+J6awHx0

6k at lower salaries. Saves and more layoffs to come.

by
| | Reply
Post ID: @sls+J6awHx0

BK never had an intention of saving 1.4 billion. Downsized 12k and has already hired 6k. That's not about savings.

by
| | Reply
Post ID: @ipz+J6awHx0

You wonder if BK is aware?

The same guy that thought Mica bracelets, bmx bikes and reality tv were good ideas?

BK is th most clueless executive in the semiconductor industry. Absolutely no concept of what is happening in the world, let alone within the rank and file at Intel.

by
| | Reply
Post ID: @zru+J6awHx0

Post a reply

: