intel need to reduce headcount to be around ~85k to be competitive with compensation.
5 replies (most recent on top)
Simple math of revenue / employee shows how inefficient Intel is.
Gone are the days where AMD was behind two generations of technology and didn’t have scale to develop technologies.
Now AMD, Nvidia, Ampere, Tesla, Apple, Microsoft, Amazon, Google and anyone please with a few hundred million and an idea can deliver a Can of Whoop A$$ product on 5nm and 3nm in fabs fare bigger, more efficient and cheaper than Intel7 and years ahead of Intel on 4nm, pretty much Intel is totally Fu€ked.
Really wonder why the BoD and ELT is thinking. Pat is easy abs he is a religious fanatical and believes in Devine intervention is going to happen, it ain’t
Industry leaders not exactly interested in Cadillac benefits and comp packages for the huddled masses , except for a select few .
Ideal headcount is 55k.
Should start with foreign non US site cuts in the realm of 20,000.
10k less managers would be a good start.