Thread regarding Intel Corp. layoffs

1 year after ACT -- How are things being spun?

It's been a year since the first wave of ACT exit-ees left Intel. Since then Intel's stock has lagged well behind its peers and the Nasdaq as a whole, 3 highly-touted IOT projects have been cancelled, mobile is dead, server growth rates are coming back to earth, and no post-x86 brass ring is within reach.

How is this being presented to the employees? It's been a year since I took ERP, so I still do remember some cringe-worthy cheerleading on Circuit. But I'm having a hard time imagining how executive management is applying the "all is well" lipstick to what very well could be a pig of a future. Can anyone still on the inside share what's being sold and how they are spinning it? And what is the official party line to the RIF rumors?

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Post ID: @OP+O26M9NM

6 replies (most recent on top)

at wme. were you able to keep a serious face while writing your post? :-)

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Post ID: @qjd+O26M9NM

Loaded because Moore has failed and no 10nm, not the best thing.

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Post ID: @rqi+O26M9NM

Lots of rumors swirling at the Chandler Campus, none at the Ocotillo. Fabs are fully loaded due to high demand.

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Post ID: @emo+O26M9NM

@wme. Thanks HR. What are you smoking today ? Do you get a discount from HR ?

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Post ID: @qaq+O26M9NM

The company has been redefined!

All the deadwood removed. The whole problem with the company was all the SL4 and old deadwood that left.

Add in the awesome execution by TMG things are humming again.

New initiatives in IOT, modems, VR, autonomous are all executing well with new management and all then lame old and SL4 deadwood gone.

Stock is way underprice and a hive value play!

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Post ID: @wme+O26M9NM

The Data Center spin will be in full plumage at this event, just a few weeks before a very crucial earnings - https://newsroom.intel.com/news-releases/join-intel-biggest-data-center-launch-decade/

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Post ID: @kkb+O26M9NM

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