Thread regarding Intel Corp. layoffs

What a glorious spring day to be alive. Now got to ask as you get your reviews was it worth it and what does the future hold for you, bright?

So was the long hours rewarded?

Did you enjoy the never ending minutia of micromanagement from your bosses?

Were you given the opportunity to grow, take risk and do something great?

As you look back and reflect how revenue and profits were a record. See your generous raise and stock and hear the echo of BKs wise words from the BUM let us respin what we saw.

All your manager off traveling business class alll over the world. Know all the Gr10 + making more than 350k and also have their special SERP Plus perks to help retire with.

See all the new VP Grade 12 who make more than 500K.

Look down at your great raise and compensation.

Reflex on the great ACT from management that used indiscriminate criteria to layoff perceived older and slower folks. Have no fear that mindless criteria will be used again as BK said so.0

Saw record revenue and profits that totally justified the action.

Saw the company chase IoT, modems, AI, drones and all other tech fads throwing people and money blindly.

Saw a crazy deal of 15billion thrown at a company almost all analysts and outsiders shocked and scratching their heads.

The core business continues to slide neither meeting growth or profit targets.

Intel released a third and will soon release a fourth generation on 14nm as 10nm continues to slip. While competitors pull in schedules intel slips them. Physics I was told was the same in Hillsboro as it is in Korea and Taiwan, but I have discovered management isn't and that is the secret.

Truely a glorious spring day with much to look forward to, now is it for you poor intel engineer or low level monkey manager?

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| 1288 views | | 9 replies (last ) | Reply
Post ID: @OP+MnFWiD9

9 replies (most recent on top)

Moore's law is relentless and never ending and Samsung and TSMC have huge scale and desperation need to succeed and for the most part marching ahead faster.

Qualcomm, Nvidia, MediaTek, ARM, Apple and many more are driving the ARMy ecosystem.

MS,FB, Google, and Apple can't wait so one enough to nurture health completion and an alternative.

New initiatives like AI, Autonomous driving, IoT, memory all have well funded and tough competitors. intel likes to remember they days day crushed AMD, sorry your current competitors are far bigger and better positioned than AMD. Let's not forget AMD beat intel then later itself. Not hard to beat intel actually with the way they are executing.

Frankly never has the completion looked so well funded and positioned, and never has intel leadership and execution been so weak.

Those that still are at intel need to decide do they power on and believe they will survive or get the hell out before the next ACT.

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Post ID: @tel+MnFWiD9

tl;dr

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Post ID: @ijr+MnFWiD9

Will get one batch of RSU and GTFO. Intel is for PowerPoint warriors.

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Post ID: @prc+MnFWiD9

Good post to make everyone think! about the situation at Intel and simply consider the options. What the OP is saying is true and the Intel employees that understand Intel know it... BK and the Board can burn tens of billions on very bad investments but they can't stop the competition and they can't stop time. We will be here to tell all the Intel "fan boys" and stupid people that choose to go down with the ship that "we told you so"

Good luck.

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Post ID: @fip+MnFWiD9

@mfn- we'll all become loser trolls like you, no thanks!

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Post ID: @yqz+MnFWiD9

My advice to the younger, get out now before the total collapse occurs and the intel name and experience is still worth something.

When the big carnage happenes in 2018 and 2019 the reputation of those still inside will be far less than now as will you employability 😉

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Post ID: @mfn+MnFWiD9

Wow 3% BK was generous 😂😂😂😂

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Post ID: @maa+MnFWiD9

Intel employees avg raises 3%, OP 0% with no fries.

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Post ID: @qmc+MnFWiD9

I would rather get yearly focal reviews from Intel as opposed t ok being anice unemployed loser such as yourself OP.

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Post ID: @xbi+MnFWiD9

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