What to expect for NDTM /sk
Bloated company
Intel is full of dead wood. Isn't it awful that it got to this level of bloat?
'What happened to this company and when?'
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
What Company Would Be Willing to Make CPUs for Intel?
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.
More "good" press about 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
If you're wondering about the pay cut strategy
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
How d-mb can we get, really? How mean are managers willing to become?
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
Advice for dealing with misleading management at lower levels
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?
we will have another layoffs?
I heard some rumors on ive. Any more details ?
Honest question why do people stay
Believe they making a difference and want to be part of the turnaround Believe in the turnaround and want to cash in as they are too lazy to move and do better. Milk it as long as you can To lazy and want to milk it till they get laid off... — read more
Can Intel come back?
This is a good balanced article on the state of affairs at Intel https://www.ft.com/content/380275f6-6b9f-4e2f-ac5b-e6fca4e6c969?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev Riverboat gambling Pat is betting the company. Do you feel lucky? — read more
Intel is putting the cart before the horse
https://www.fool.com/investing/2023/02/08/intel-is-making-a-catastrophic-mistake/
Bloat !
This has been a problem at Intel. Too much bloat. Even after these layoffs, I can guarantee that you can point to at-least 2 people who work with you day to day, whom you would not miss. Not because you don't like them or they dont agree with... — read more
Is this a bad sign ?
My manager is not responding to my emails for couple of days now and I had 1:1 yesterday lasted for 15min . It’s a bad sign , right ?!
Economic slow down?
Seems only Intel has a shrinkage issue in 2022. https://focustaiwan.tw/business/202302100023
Intel borrowed 11billion
I guess CHIPS act money is not coming any soon…. Desperation!!
Who Might Buy TMG
Micron? Samsung? CCP?
Bottom of the saddle
Look, we all know Pat stepped into a difficult situation. The state of the company today is much a reflection of things BK did (and didn’t!) do to maintain process and design leadership over TSMC as anything else. Unlike most other sectors... — read more
Does anyone trust Pat anymore?
Anyone? Bueller? A CEO who has lost the trust of his team is just walking the plank. Guy is toast. Stealing from his employees while giving his buddies a little trim off the top seals it. BK’s probably got a nice little hideout to host failed... — read more
Time to bring another class action
https://www.oregonlive.com/silicon-forest/2023/02/intel-appears-to-have-settled-discrimination-lawsuit-from-2015-layoffs.html?outputType=amp
Macro Economic my A$$
AMD Caps 2022 With Nearly 30 Percent CPU Share Against Intel. Can if Wh00p A$$ if I ever saw it by a far smaller company https://www.crn.com/news/components-peripherals/amd-caps-2022-with-nearly-30-percent-cpu-share-against-intel
Exclusive: Intel weighs boost to investment in Vietnam chip packaging plant
Intel Corp (INTC.O) is considering a significant increase in its existing $1.5-billion investment in Vietnam to expand its chip testing and packaging plant in the Southeast Asian nation, two sources familiar with the matter told... — read more
Pay cut consent
Are you're going to sign the pay cut consent form in the next days ? (for non US employees)
Hey Intel Execs, Take Some Responsibility!
I've seen multiple execs in other companies take personal responsibility for layoffs. All I've heard from multiple Intel Execs is "Macroeconomic headwinds BS". Admit that you've made some mistakes at least. Noone is expecting you to be perfect, but... — read more
If you walk around a Hillsboro
Folsom, or Chandler neighborhood, you will more than likely to see many people wearing Intel shirts playing tennis, biking, or walking between 9 and 5. Why not enjoy yourself when the sun is shining?
No worries
People in IBM, HP, Yahoo are doing just fine. Well at least the majority of them who has the talent or luck to survive. Intel is not going to collapse even if AMD sells as many server sockets they can make at TSMC or everyone wants a MacBook. Milk... — read more
What happened when PG was at the Folsom site?
Multiple posts deleted by the moderator of this site. Apparently the video normally available on Intel internal access was removed. Must have been pretty good to see.
IDM 2.0 because we did so well with IDM 1.0?
One of Pat's four points to regain integrated device manufacturer leadership is to expand the use of third-party foundry capacity. A strange way to regain leadership?
Why Intel CEO did not get a steeper pay cut?
He single-handedly running Intel to the ground with his ambitious IDM 2.0 vision which is still questionable if it works. Shouldn't he get more pay cut to save the sinking ship ?
Talk is cheap and execution can’t change the business
Turned down Apple how long ago and TSMC and Samsung were slingshotted on a trajectory that Intel will never recover... — read more
Suggestions for next steps
Are there any decent paying jobs for current Intel technicians (within ROC or Factory) outside of Intel? Is Tesla a good transition? What about Samsung? How does TSMC view Intel supporting staff? There are several overqualified employees that could... — read more
OKRs LOL
Make sure you ‘exceed’ all your OKRs this year to get that “Pat” on the back, and secure the right to be around for pay cuts, round 2. Dude could admit that measuring employee performance, when virtually every single person in the company is about... — read more
New Board Chair = IFS Spinoff
https://www.intc.com/news-events/press-releases/detail/1599/intel-board-of-directors-appoints-frank-d-yeary-as-new Pat is just keeping the seat warm. This is also likely why his attempt at a pay cut, unlike other tech CEOs, was an attempt to cut... — read more
Zoom will lay off 1,300 employees and CEO is taking a massive (98%) pay cut
“As the CEO and founder of Zoom, I am accountable for these mistakes and the actions we take today– and I want to show accountability not just in words but in my own actions,” he wrote. “To that end, I am reducing my salary for the coming fiscal year... — read more
Fire marketing and cut middle management.
In my many years at Intel I have noticed one consistent problem. Promising things you can't deliver. You lack realistic estimates, honest review of basic capabilities before creating the roadmaps and schedules that are set in STONE. None of... — read more
Right-Size Your Workload
Less pay, less output. If there are 260 work days in a year, those with a 5% pay cut get an extra 13 work days of vacation; 26 for those who got a 10% cut; and the ones who got 25% cuts get nothing since they’ll just juice the stock to earn back... — read more
Hostile Takeover: Apple Acquisition?
INTC How much further does the stock have to drop for a hostile takeover?
The *only* way to cut pay
The only way pay cuts ever had a chance of not completely nuking employee morale is if the guy who got paid $140M last year, and his whole team of decision “makers” (let’s assume they aren’t making wild a-s guesses, as it appears they are) worked for... — read more
RIP morale
Team morale was already down due to downsizing & then paycuts hit the last nail in the coffin. Managers and uppity graders sweating bullets rn and yet mgmt says everything will be ok next year. I call it BS