Thread regarding Intel Corp. layoffs

2024 Revenue per Employee

• Nvidia. : $4.6 MM
• Taiwan Semi: $1.2 MM
• Intel. : $0.5 MM

What else do you need to know? Believe LBT will do what needs to be done. And growth companies don't have dividends.

Bla bla bla bla bla bla bla.... Don't let the door hit you in the arrss

@b9 Different genetics, exactly. This country is wealthy enough to fund wars that have pillaged all over the world. It lies, cheats, and steals (not nearly enough) to win.

And I am for that, because I know what name is on the front of my jersey (USA).

The Constitution enshrines equality. And a country as wealthy as the US can afford to strive towards that outcome. Were people, not digits in a line of code. The optimization function only goes so far.

Get it @eb

Great post

A person could max out or greatly increase their 401k contribution if they think they are going to get the layoff. It can only be contributed to while working and you'll get the matching contribution as well.

I don't think there will be severance packages like last year, maybe ever again, but there will be some compensation for time served in the Intel prison, and the 401k can help offset being pushed into a higher tax bracket by the severance package (that can be extreme and eat up most of the package).

If you are normally at a marginal rate of something like 17%, the package can push you to something closer to 30%, so the dollar involved are not trivial.

HSA can be contributed to after you leave, if you re eligible, and is a great way to continue getting money into a tax exempt account. You can withdraw from it at 65 for any purpose, so it really is a lot like a Roth.

None of this is funny, in keeping with all the actual attempts at humor on this site.

Spend your vacation now. Also, remember there are gold targets in some of those PVD chambers in the factory, I wonder which ones have them?

I'm just here to observe savage chyymp behavior.

Shitel employees can't find jobs anywhere. Fire them all now!!

The people who are FLM or Second level managers act and talk like they are the CEO of some major company. Fellas - you are stupid paper moving managers at Intel. Jackasses

No wonder why this fu king company failed miserably the last 5 years and never able to recovery. Fire them all now !!!

®a4 health equity where people with different behaviors and genetics are owed equal health outcomes as other groups is a d-mb concept. I'm concerned that someone who invested years in a d-mb non electrical engineering concept is on the board. I would not invest in a company that has someone pushing this d-mb concept on their board. The fact that you don't understand this d-mb concept hurts Americans indicates no one supporting this d-mb concept should be on the board

I'm expecting a sequence of announcements, as LBT has had plenty of time to plan this out and clearly has the Board permission to do the right thing.

Watch carefully for any executive level departures because that usually shows where major changes are coming, and that has often led to layoffs.

The other thing is that IFS is rumored to be about to gain a few key customers.

A lot of things have to start going right but if so then this could be the start of some kind of epic run on the stock. I'm onboard till I see reasons not to be.

I totally get why many hate the stock as much as the company, but that doesn't usually lead to good stock trading or investment. Being a pessimist, even when it is justified, is mostly good for avoiding investments, and not so good for picking stocks.

Good.

RL-M, finally. What took so long?

They found those broads on the streets and took them to the board.

God the board is no bad at what they do

I'm slowly adding shares as the market and the upcoming semi tariff pulls down the sector.

Considering how AI is going to massively reduce the labor content of semi production the sector is poised to be wildly profitable. That is not something for a daytrade and likewise the same for INTC.

Any day now there is anticipated to be an announcement about meaningful IFS customers and the semi tariff may spur that on as well.

Cost averaging into the stock fund is a way to ease into a position, at least while the stock remains in the low $20s. Everything ultimately is a trade but if LBT gets this right then the stock could be something to hold for a few years.

@a6 has gone crazy , I see same cut paste from him in every of layoff thread… take some break man and meditate… hope it will help you …. Also looks like you have been treated very badly from some races , ,, not every one is bad man in that race ,, apple and nvidia have lot of those folks and thriving ..

ELT with all their diplomas are not fools, wait a minute they’re rich and you looking for health equity we are truly d-mb ones

Intel has demonstrated an egregious track record of being penny wise and pound foolish. Hopefully the new board will take the first step and acknowledge this strategic problem

@a6+1jqc4m8q8 I don't really disagree but the point was probably made sometime during the first 100 times you posted the same thing.

Not that LBT was asking for any employee input on the matter.

I'm pretty sure he's got this.

Huck em

New CEO needs to the below broken culture, favoritism, nepotism, massive grade inflation etc:

1. Nepot$sm, favor$tsm by $nd$ans in hiring, laying off, rewarding etc.
2. Oregon/IDC arrogance. They are dinosaurs! Get rid off at least 50%!
3. Silo mentality, horrible quality IP teams. Disband the BA IP and "supporting" teams and instead get off-the-shelf IPs from Synopsys/Cadence etc.
4. Too many PEs/Senior PEs/Fellows doing GR8/9 work especially in NEX/NXNE. They take credit of lower grade workers work. Get rid-off 50% of grade10+ dinosaurs (they can't get any job outside Intel and sonthey just hang around and collect $400K+ paychecks)
5. CPU, CPU, CPU mentality, when no one outside cares abt CPU much. They shd shut down CPU teams(Atom, Xeon) and focus on GPU/AI.
6. Horrible purchases of $srael$ companies (Habana, Nervana Mobileye, DSP Comm etc). Intel was about to get s◇cked into purchading worthless Tower Semi. No more free money to them $srael!
7. Giving 6 months of bonding leave.
8. Nepot$sm by $nd$ans managwrs/VPs/Directors, especially in NEX/NXNE (Sachin Katti, Srinivas Lingam came and got rid-off off most of American managers and brought in only their countrymen!).
9. Worthless IP, IFS teams.
10. Bloated Packaging (Arizona) teams. Get rid off Chandler, Folsom, Haifa, Kyriat Gyat, Petach Tichva, Allentown site.

Fire Sachin Katti and Srinivas Lingam (the supposed AI guy from Havana but now only does slick ppt presentations. LOL!) of NEX. They both are incompetent

@a3 I hope you (and your family) get a disease than is fatal, but treatable. And then your insurance declines. As you watch yourself waste away, you think about this post.

Americans love chest pounding about what a great country this is while its people die in the streets in order to let rich foreigners come live their best life.

Kinda Intel-esque, no?

Health equity what a d-mb concept

This time it starts from the top.

Expect to see a major reshuffling of ELT, and that will be followed by all the other cuts that these people collectively were resisting.

You heard it here first!