ince 2011 revenue up 5%, expenses up.30%.
solution: increase revenue and/or reduce expenses.
11 replies (most recent on top)
5wqm - Back under your bridge, QCOM troll
Enjoy your holidays, Intel. They may be your last source of happiness for the poor, unsuspecting souls yet to be laid off. Just remember that family will still be there for love and comfort against the cold, callous, selfish, evil conditions you were subjected to at Intel. There is always hope.
@KX1OqLB-isp. I share you sympathy and sadness as I too know many who are working beyond crazy trying to create process miracles and some will most certainly hit the pavement undeservenly in the next round of ACTs that are surely coming.
As sad as it is that many here want to see others hurt by losing their jobs, reality is it's probably going to happen. I have many friends, good talented people, working for Intel and I don't want to see layoffs happen. I'm hoping for a boom to be honest. So I'm pulling for Intel to win.
1274 baby!!! That will save the company!
How many Prius are we talking about?
Layoffs needed to get profit per capita back in line with tech industry avg.
"Do the math" the math sez they should have no more then 50k employees world wide yet they have double that. It'seems not as though this is the first time the math said so.
Can't wait. If he decides to keep headcount constant, then there will be more layoffs of older, experienced white folks replaced with H1B and RCGs.
@KX1OqLB-sqq Do the math, it's all there and you got your friends in the product groups and fans to triangulate. Data is all around just need to see what people don't say is more important than what they do 😉
@KX1OqLB-ssu Talk to your internal friends and do the math 🤔😉
There is no significant increase in revenue from the new thrusts in IoT, modems, AI, autonomous cars etc. As you mentioned these all have huge startup costs with little revenue and forget and 60% margin!
x86 revenue has stopped sliding as client is trending flat and server is still up.
THE PROBLEM IS 10nm RAMP, can't cheat physics nor economics and at least 25k need to go or BK needs to accept margins to fall more than 10%and Wallsteet will punish the stock. 40k need to go to pay for 10nm ramp and keep margins where they are even if they match 1272 improvement rate, and they won't!
Tipping point has been passed and more ACTs!