Hold on to your butts https://www.reuters.com/technology/intel-plans-cut-thousands-jobs-face-pc-slowdown-bloomberg-news-2022-10-11/

The Foundry announcement today will turn things around for Intel.

https://www.aroged.com/2022/10/07/intel-to-announce-massive-layoffs-later-this-month/ Is this news credible, has any senior manager confirmed this.

Stock is way down! Revenue and profits are way down. Is the messiah going to turn water into wine. All the governments money can’t fix a broken culture, incompetent engineers and managers and lastly a flawed strategy. We all know what the assured... — read more 

tsmc stock down 8% winter is coming

https://www.wsj.com/articles/pc-shipments-plunge-nearly-20-steepest-drop-in-more-than-20-years-11665442764 Prepare for the long winter. Recession is imminent. Layoffs are all but certain.

I'm not expecting anything good because I am not satisfied with what the company has done to address its existing issues. Any predictions on what the quarterly results might look like?

To haters and scammers, intel is having a strong come back under Pat’s leadership and you guys soon have to find a new job 😁 Start working on some projects to add to your resume 😉 Good luck!

https://www.reuters.com/technology/samsung-elec-q3-profit-likely-fell-32-demand-slumped-downturn-2022-10-06/ Layoffs are coming. It’s going to be a long tech winter.

https://www.protocol.com/amp/chip-export-restrictions-tsmc-intel-2658408143

Pat or someone else?

Will it be shock and awe! I am surprised Intel can’t be transparent and honest like AMD, but again with Pat why is that a surprise, says it all doesn’t it!

AMD announced revenue shortfall today but egoistic Pat can't announce revenue shortfall and like to surprise market on earnings day. Last quarter revenue shortfall was huge compared to guidance but still didn't bother to announce it. I am sure intel... — read more 

Quiet quitting will not help you maintain skills, which is essentially the most important thing. Pretending to work for a long time actually harms us more than it harms the company. Some of my colleagues are surprised that I still put in so much... — read more 

Got confirmation that the CFO Dave Z is instructing for 25% budget cuts across all SG&A spends, so there will be cuts to headcount. Any other orgs getting cuts?

Intel is nowhere near the company I thought it was when I applied for the job here. For me, this company is a disappointment in every sense of the word.

Rumors of VSP. Anyone know anything ?

How is intel providing immigration for roles like project manager / product owner, SW development, etc. I thought it had to be a skill lacking in the United States? Why has this not been reported to Immigration and Customs?

Still a dumpster fire, to the surprise of no one. The timestamp headers are a riot to read, great job LP and ST! https://www.youtube.com/watch?v=nEvdrbxTtVo TIMESTAMPS 00:00 - Intel Arc A770 GPU Review & Benchmarks 01:38 - These Cards Are... — read more 

Anybody else notice that all the executives seem to have disappeared into their holes? Intel hired 30,000 people and then everyone disappears. How long before they fire 30,000 people? My guess is right after the quiet period.

https://www.eetimes.com/intel-foundrys-no-1-customer-u-s-dod-targets-gaa/

I can't even remember what exactly was my breaking point when I decided on quiet quitting, but it's clear that my manager is not thrilled now.

over the holiday period for 2 weeks in December. All technologies, all countries.

Here some people said Intel working on RSU and inflation adjust in October. So far not any update. Is it real or fake news?

Tesla wasted zero minutes on random discussions and random technology announcements and jumped right into the meat of the technology. Tesla presentation on Dojo chip and system was miles better than any chip presentation from intel. Intel... — read more 

Nepotism and favoritism are more prominent here today than they have ever been. I am watching how these two things are rapidly destroying a company that used to be a very different work environment. But how to put an end to it? I wonder if there is... — read more 

Intel is failing because all new hires are quiet quitting. Do you know anybody under 30 who's giving it their all at work? I certainly don't. They never work a minute longer than their official hours and heavens forbid they work on a weekend when... — read more 

https://m.youtube.com/watch?v=5VFbvuB8iaw&t=947s

https://markets.businessinsider.com/news/stocks/trouble-mounts-for-chipmakers-more-pain-ahead-1031775025 While shares of these chipmakers have declined quite a lot, Susquehanna analyst Christopher Rolland sees more pain ahead and lowered his price... — read more 

I remember when we used to hire people just on their qualifications, without considering s-x or race. Now new hires and promotions are now based on s-x and race. I know so many senior grades now that don't even know what ohm's law is. Intel is... — read more 

So, do managers go to a$$ho-e school? Except for my last two managers, they have always been pr!cks. I figure that there must be some common training that they all go through. I have brought legitimate quality issues to management, but they are pros... — read more 

Will there be any cuts in October?

Hi HR :)

https://www.eetimes.com/intel-foundrys-no-1-customer-u-s-dod-targets-gaa/ The government takeover is almost complete. Good job comrades!

I'm a little disappointed that I still haven't received an offer. I think I will need to stay here for a while longer and work on upgrading my skills in order to be more marketable in a competitive job market. I'm interested in which ways you tried... — read more 

Keep up the good work NCG!

https://threadreaderapp.com/thread/1575233618170982400.html

That is more than obvious. The question is, does Intel even still want to be that company which once tried to attract only the best and most talented people with a lots of ideas, graduates of top notch schools?

What an embarrassment. The grandfather-granddaughter duo showing off random technology which has zero impact in the immediate future and completely tries to whitewash the precarious position of the company. Why can this company not do simple... — read more