Topics regarding layoffs at Intel Corp.

Topics regarding layoffs at Intel Corp.

Systemic vs Structural response

After 2008 financial crisis which was a economic systemic crisis Intel had suspended raises and decided no layoffs and said would come out stronger after the crisis. That worked well since everyone was suffering and they kept the talent needed to... — read more 

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| 1350 views | | 5 replies (last January 30, 2023)
Post ID: @OP+1kVPlVqB

What happened to Intel?

Non-employee here, but one that in a former life used to program Intel microcontrollers (8051) and of course PC's. I'd like some candid thoughts on what went wrong? Did the employee mindset change? Was it outsourced? When did it begin? Did the... — read more 

Advice for the board

Fire Pat before he causes more damage. Hire a ceo who actually understands how semiconductor manufacturing actually works. Fire Dave and hire a CFO who actually opposes his CEOs batshit crazy financing ideas.

2023 rewards

I feel due to situation getting much worst, this year will have zero raise and zero RSU. What do you think ?

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| 2270 views | | 9 replies (last January 30, 2023)
Post ID: @OP+1kVXa4XZ

Zuckerberg for CEO!

https://twitter.com/petergyang/status/1619402451425304576

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| 1280 views | | no replies yet
Post ID: @OP+1kUn06IV

What I’m forecasting

Rewards planning will be pushed further Second half 2023 macro will improve ELT will have an additional round of layoffs around 15-20%

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| 2260 views | | 4 replies (last January 28, 2023)
Post ID: @OP+1kUs0j2E

Intel was a solid three-legged stool

Standing on x86 monopoly, high volume, and high gross margin. Now with the rise of ARM and AMD, the upcoming recession, and higher cost, it'll be very hard to keep the facade intact. When BK ACTed in 2016, the gross margin was 62%. They just... — read more 

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| 1940 views | | 3 replies (last January 28, 2023)
Post ID: @OP+1kTkeS4o

I was in tears

PG essentially told the world we'd rather fire our chairman of the board then let go of any precious DEI employees. Down with the filthy capitalist!

Layoffs - A matter of survival now for all groups

Any group which resists layoffs now will be soon like the Memory group of 80s. Don’t know if Intel can spin up a product line to again dominate the market like x86 cpus did but if group leaders of their current products don’t cut costs heavily and... — read more 

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| 2620 views | | 6 replies (last January 28, 2023)
Post ID: @OP+1kTDW7qt

Wall Street comments

Some Intel analyst report titles today: ROSENBLATT: “Historic collapse. Nowhere to Hide” UBS: “The Kn--e Continues to Fall” STIFEL: “Even Darker Before the Dawn” BERNSTEIN: “When You Punch Yourself in the Face”

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| 1920 views | | 7 replies (last January 28, 2023)
Post ID: @OP+1kTtw35i

Why the bring back posts?

Why are there so many posts on who should be brought back to fix the situation? Your future is not in the past, period. You need a new strong leader who will break down the grade 10-14 people who can't see the future and won't go away on their own... — read more 

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| 1300 views | | 4 replies (last January 27, 2023)
Post ID: @OP+1kTxk2t1

FUBAR as FUBAR can be!!!

Wow oh wow is it now apparent that IDM and IFS is a failed strategy ? Yeah the economy is going south, yeah chips went from a shortage to a surplus. But Intel will be back! Yeah right, LOL or crying for Intel and sad for America that the CEO is... — read more 

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| 1750 views | | 6 replies (last January 28, 2023)
Post ID: @OP+1kThBWPT

PG if you are reading this…

You need to get your sh-t together! If Investors can vote to fire all your useless managers we would probably do! You are hurting us for past 2 years failing to recover the company where it should be. You need to make a tough and right decisions and... — read more 

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| 1790 views | | 5 replies (last January 31, 2024)
Post ID: @OP+1kTOCBoT

Intel needs to hire decision makers very quickly

Intel needs fearless decision makers to put products out. Their hiring team is a piece of cr-p. I left TMG after a rule of 75 retirement several years ago. Made major impactful changes elsewhere and I am still employed in the silicon valley. I... — read more 

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| 1630 views | | 2 replies (last January 28, 2023)
Post ID: @OP+1kTLeuW5

Bring Back JK

Oh man .. losing JK was a big loss. Pat, please bring him back. Even at double salary. Thats a cost that will have big ROI. Beg him to come back. We need technical stalwarts in this company. BK screwed the company.

No layoff is bad news for Intel

With the morbid Q performance, carrying current headcount with minor redeployments that stay under the radar, Intel is trying to swim with heavy bricks tied to their feet. I can understand reluctance to come out with a large number of layoffs would... — read more 

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| 1593 views | | 1 reply (January 27, 2023)
Post ID: @OP+1kTLneiE

What's next ?

more layoffs ? INTC files bankruptcy? PG steps down? Design and manufacturing separated

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| 1940 views | | 7 replies (last January 27, 2023)
Post ID: @OP+1kT1l5VP

Huh ! Feel Exhausted

I work so hard. Believe me. I do. Doing everything that I can do every single day to put together a really hard day of work each and every day I am not sure what else I can do in my power, but this is getting exhausting. I am wondering why I am... — read more 

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| 2000 views | | 7 replies (last January 27, 2023)
Post ID: @OP+1kS0rBhB

Here are the financial results

Fourth-quarter revenue was $14.0 billion, down 32 percent year-over-year (YoY) and down 28 percent YoY on a non-GAAP basis. Full-year revenue was $63.1 billion, down 20 percent YoY and down 16 percent YoY on a non-GAAP basis. ▪ Fourth-quarter... — read more 

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| 2050 views | | 9 replies (last January 27, 2023)
Post ID: @OP+1kSvYHQh

Are more cuts inevitable?

Industry-wide push for job cuts makes me worried. Some think that Intel can't afford not to have another round.

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| 2024 views | | 2 replies (last January 28, 2023)
Post ID: @OP+1kRVYoN0

ATTD

Anyone here know what happened to ATTD chandler folks during 2016 layoff?

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| 1840 views | | 4 replies (last January 27, 2023)
Post ID: @OP+1kRRiCwG

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