So many comments on circuit mention that!! Not sure what they are smoking

We have pay cuts AND layoffs anyway…

BK? Pat?

https://twitter.com/phatal187/status/1539994595769176064

IDM and IFS with 4 in 5 is false prophet IDM where Intel makes its own silicon can’t continue. Even if LTD ever fixes its broken culture and gets on track technology 4 in 5 it isn’t enough. Not enough volume to ever learn fast enough or pay... — read more 

Hearken unto me, ye employees of this company, for verily I say unto you that our fortunes have taken a great turn for the worse. Behold, the sun hath set upon our once-bountiful enterprise, and the shadows of desolation doth loom over us. But let... — read more 

How many people impacted? What’s the current employee count?

I am a recent college graduate that joined Intel as a SWE, and love everything the the company has to offer. I have previously worked at FAANG in my home country as well as interned in the US. Additionally, I have also worked in many startups in my... — read more 

Since this strategy will inevitably fail, if you hope to last to the end many of you will end your career being laid off and retire or scramble to another company or leave soon and avoid the sinking. For decades Intel bullied AMD and kicked their... — read more 

Ford reported terrible results for the quarter. Like Intel, the company believes their cost structure is bloated vs. competition. Ford execs thing they have $8B excess cost vs comp... They recognize just cutting heads or cost here or there will... — read more 

The main problem here is that once management gets rid of good performers and hires their cheaper replacements, not one of them is willing to admit it was a mistake when it becomes obvious within weeks if not days what a monumental fu-kup they made... — read more 

I am getting kicked out as part of CPM, but I am eligible for retirement. If I 'retire', do I lose my payment benefits of 1.5 weeks/year or the ability to collect unemployment?

Any wonder we are in the $hitter? Protect the dividend, spend like a drunken soldier, ask government for Billions and don’t look in the rear view mirror. Can’t wait for what the next two years bring is this was the last two years... — read more 

Find some good h4x0rZ to find some flaw in AMDs Chips and firmware and do a massive attack to render their chips dead or corrupt LOL Help me Obi-Wan 1337 h4x0r ! Your my only hope!

https://wccftech.com/amd-grabs-over-30-percent-market-share-with-epyc-cpus-intel-continues-to-decline/

Take a bow!

Many of them would not pass grade 9 in the old Intel.

Despite the hiring freeze in many companies, the best people are still leaving here. Two of my colleagues recently left. I think it's high time that the management tries to improve morale, which is very low at this point, although I don't know... — read more 

Taiwan Semiconductor Manufacturing — Shares of the global semiconductor maker dropped 5% after Warren Buffett’s Berkshire Hathaway appeared to make a U-turn on the Taiwanese company. Berkshire cut its stake in the fourth quarter by about 86% from the... — read more 

I am more towards there will be next CPM action regardless of consent. It’s just a dream for Intel to achieve 100% consent begging. Intel never value employee sacrifices and loyalty with rewards, they rather just talking to show appreciation. To be... — read more 

Executives took a symbolic pay cut from their base pay. Still their total comp is millions of dollars. https://www1.salary.com/INTEL-CORP-Executive-Salaries.html You judge

New round CPM announced, lastday April 30th.

https://www.reuters.com/business/buffetts-berkshire-reduces-stake-activision-blizzard-2023-02-14/

It seems like Intel needs a lifeline right now. With such a high cash burn rate with all the investment going in factories and people, with revenue collapsing, with recession looming putting further down pressure on the revenue, with employee bonus... — read more 

Even if Intel trims all the fat now, I think it will take a long time for this company to recover, if that's even possible anymore. Why do some think that everything will be better or that some kind of miracle will happen after Intel gets rid of a... — read more 

https://www.reuters.com/technology/tsmc-boost-capital-arizona-factory-by-35-bln-2023-02-14 We will see how fast DEI ruin them.

Lowlights: Pat is boxed in everywhere: technology: EUV cost vs. lack of scale business: No foundry willing to support so far personnel: bloat and lack of know-how (and courage) to reform finance: huge burn rate of the... — read more 

I'm struggling to see a reason why I should consent to the cut, other than some sense of comradery. It feels like regardless of what I do, more layoffs are inevitable.

Will we really get out of this rut

What to expect for NDTM /sk

Intel is full of dead wood. Isn't it awful that it got to this level of bloat?

Many prior threads on this. Here is the cliff notes version: Intel got bloated and lazy focusing on core business. Core business was undermined from below by better ARM solutions Core business demands slows Intel failed in wave... — read more 

Only TSMC and Samsung could. But would they? It needs a lot of faith from two foreign cultures. Nobody in the WEF ownership circle can save Intel.

Intel is in a very bad place, and they need to admit it In reality, Intel is not the giant of the industry. Intel's total share of industry capacity is around 10%, they are not a giant who has stumbled, they are a niche player and have been for... — read more 

Apparently the Chief People Officer bragged about the idea in a paper to the World Economic Forum a couple years ago. This is scary on many levels... https://www.weforum.org/agenda/2022/05/attracting-and-developing-talent-to-techs-highest-calling/ — read more 

Inefficiencies and a lack of competency within leadership can negatively impact a company in a number of ways. For example, indecisive or poor decision-making can result in missed opportunities and wasted resources. Inefficient communication and a... — read more 

Self-explanatory… I’ve often wondered if my own manager is aware of the realities our company faces. They can’t all be this stupid, right?