https://www.investopedia.com/intel-q4-2022-earnings-preview-7098307

https://www.intel.com/content/www/us/en/newsroom/news/board-directors-jan-2023.html I guess we need a bean counter to watch Pat spend all government money. Is there anyone with expertise on the BoD to watch the fox in the hen houses. We had Andy... — read more 

What are things Folsom campus can showcase?

As an investor or employee do you agree 3B in cost reduction for 2023 is not enough and it needs to be higher? Maybe around 6-7Billion Investors like to see higher margin and cash flow

It is coming and it will be huge!

$178M. He’s driving the company into a ditch. Now with a random chairman of the board, it seems his position is solidified. What a shame. This person is batshit crazy

Some say that the market is not as bad as we think it is and many were able to find jobs within a time frame of three months. And yes, I know several people who found new jobs very quickly, albeit outside of this industry. I got the impression that... — read more 

It is always possible to find an employee who will do the job for less money. However, how well will the job be done? It looks like this leadership has absolutely no long-term plans for Intel, because a cheaper workforce cannot possibly be the... — read more 

A few months ago, everybody was talking about quiet quitting. Suddenly, nobody is even mentioning it. I wonder if those who were so proud to proclaim they were giving it their minimum realized that that might not be the best way to go if they wanted... — read more 

https://www.bloomberg.com/press-releases/2023-01-23/intel-board-of-directors-appoints-frank-d-yeary-as-new-independent-chair?utm_source=website&utm_medium=share&utm_campaign=mobile_web_share

NEX.. maybe others as well?

How about poaching talent from all the other top tech companies laying off people?

I'm safe for now, but I'm aware that we won't be able to breathe easily here for a long time to come because continuous reductions will follow. However, how often these days are employees in the industry offered a better option than to wait for... — read more 

I thought there was a hiring freeze at Intel, especially due to the major layoffs we've been having. Was I wrong? I keep seeing people commenting how they got a great offer from Intel, so I looked up open positions. It was a shock to see how many... — read more 

Analysts are looking for earnings of $0.20 /share with revenue of $14.5 billion. If they don't at least meet this low bar and have a better forecast for the year head count reductions will likely accelerate.

My manager stopped showing up to work months ago. The worst part, beyond our team having to pick up the slack, is that his manager hasn't even noticed. It's depressing.

Is it appropriate to go to Davos to hob nob with the global elites in the middle of poor execution and large layoffs? Why? Yes it is an ego boost but arguable the ROI on it is suspect. You can grift for tax credits by picking up the phone and... — read more 

Now that Microsoft and Google are laying off more than 15000, It looks like Intel made a move much better than these other companies who waited so long and did it in so short time. There is something Intel does better and market catches up

https://www.channelfutures.com/business-models/intel-job-cuts-more-than-doubling-in-california-employees-walking-on-eggshells

did anyone get fired yet?

https://www.rte.ie/news/ireland/2023/0120/1349915-intel-redundancies/ Why is Ireland getting off so lightly...?

https://www.theregister.com/2023/01/20/intel_gelsinger_casts_italy_factory/

https://www.techpowerup.com/303854/psa-intel-i226-v-2-5gbe-on-raptor-lake-motherboards-has-a-connection-drop-issue-no-fix-available "Still, such issues aren't acceptable, especially not from a world-leading manufacturer like Intel, who once was... — read more 

I looked at their severance package and I wanted to weep. Those who have been with the company for more than 15 years get to walk away with nearly a full year's salary. Imagine being awarded for your years of service like that. Even when being laid... — read more 

I'd say if you have the means/skill move while you can unless you been there for a while and would welcome a severance. I've never seen anything this weird or drawn out. MSFT, Facebook, Amazon. They go the rip the bandaid off approach. Intel on the... — read more 

Are tech workers finding jobs quickly? With all the layoffs including Google announcement of 12K today, it is really bad. I wonder when Intel will announce major layoffs as so far there has not been really any.

https://www-marketwatch-com.cdn.ampproject.org/c/s/www.marketwatch.com/amp/story/intel-cuts-hundreds-more-jobs-in-california-and-indicates-more-to-come-11674168848

Nearly two years after taking over as CEO, Pat Gelsinger's master plan to reinvent Intel is on uncertain footing as the chipmaker struggles financially and fights for government subsidies it says are necessary to keep its foundry expansion on... — read more 

Asking for a friend

Searched for intel layoffs posts in linkedin and saw a huge number of posts ranging from yesterday till previous week. No one's spared i guess irrespective of their domain

People here are walking on egg shells in fear of becoming a target and losing their job. This kind of uncertainty and knowing that employee's hard work does not mean much creates mistrust and a very bad atmosphere in the company. Not giving the... — read more 

I was with Intel many years (between 15 and 40 lets say) and I just want to say the company is one of the best. Any time I ever needed time off, I got it. Any time I was sick, I simply sent an email saying I was sick. The cafe's are great with lots... — read more 

https://twitter.com/PGelsinger/status/1614638671528878082?s=20&t=YpgvNXgrywA9RjKXpKolmw