If anyone thinks 20% is going to get IFS anywhere in-line with TSMC staffing metrics, they are truly TMG'ers... sticking their head in the sand, and using delusional metrics. The reality is that IFS needs to cut HC closer to 40%-50% to get in line with TSMC. So expect the death by a thousand cuts till they actually get to that metric.
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Fire naga, that guy is a joke
Stupid IFS employees you can’t compare just revenue and people.
You Intel do know TSMC has far larger volumes and so many more products if you scaled them to Intel number of wafers and technology Intel would be about maybe 25K employees, 70% layoff at a minimum!
@aj it's hard to justify the existence of LTD-M if Intel isn't developing at full speed. A lot of the TD ENGs are becoming TOs again out of essentially boredom. I hear LTD-M is going to disappear entirely
Fabs have been in the range of 40% to 50% overstaffed for..ever, based on benchmarks with other foundries.
TD was always overstaffed, then went berserk in the race to 18A.
Management was told this year after year and was given a pass by the Board, so resisted even restructuring to better match a foundry benchmark. That would involve centralizing most fab support functions into regional or national engineering centers. They played around with ROC and after Ireland, Israel and AFO showed them that contract workers were perfectly capable of doing many tasks, the fabs increased GB and ICE workforce.
Now that 18A is a thing, TD and fab get started on what it will take to actually be a foundry, and it don't look like this.
@aa that's the d-mbest approach to sizing a company I've ever heard - when can you start as CEO?
@a8 TSMC revenue for 2024 was $90 billion US dollars. Intel revenue for 2024 was $53 billion dollars. If the previous trends continue, Intel's revenue may be less than half of TSMC revenue. Intel should have way less headcount than TSMC to match revenue per head. If you take foundry only, then Intel foundry can match TSMC headcount when it can match TSMC revenue on its own.
Doesn't TSMC have over 70k employees while being exclusively a foundry? I don't think IFS needs to cut 40-50% HC to get to 70k, even Intel as a whole would only need to cut ~30% to reach 70k and that's including non-IFS divisions
Yes!