I give it 6 months at best. Remember AMD’s stock dropped below $1 when they were in our situation a decade ago.

Did you guys actually look at our latest financial report? It’s pure disaster. We are bleeding cash and our debt is growing like crazy. At this rate we will have to file for bankruptcy in 3-5 years at most.

https://m.investing.com/news/stock-market-news/intel-is-sued-by-shareholders-alleging-securities-fraud-3560668?ampMode=1 One more thing for Pat to worry about.

Ironical that Kevin B and others are gloating how great 18A and Clearwater Forest are, when in reality: 18A yield is in extreme poor health and there is absolutely no denying of it. The chance of catching up to TSMC’s 2nm next year is 0% .. — read more 

I was offered a significant retention bonus to stick around as I hinted to my manager I was interviewing at NVIDIA. I am going to wait for the NVIDIA offer to come through before declining!

Great quote from this article: "Intel stock is a litmus test for anyone who calls themselves a contrarian investor " https://investorplace.com/2024/08/intc-bloodbath-aftermath-buy-intel-stock-because-no-one-else-wants-to/

Instant 18K employee reduction.

Please feel free to add tips for others to follow. One useful tip is start looking around while things settled and if possible, make sure you are getting along great with your manager since you don't want to be the first he/she picks to go.

I see that several post regarding spicific aspects of Intel's employe selection and hiring practices get taken down as soon as they are posted. Yes, this is a legitimate issue when taking money from the government to create chips and jobs in... — read more 

Everybody in their right mind who is competent, skilled and employable is going to leave. After they did everything in their power to convince everybody Intel is not a company worth working for, nobody worth having will stay. Not to mention that... — read more 

I am currently in FMLA and short term disability - undergoing cancer treatment. If my group gets affected by CPM actions how can I continue the treatment with health benefits ceased?

After 30 finest years with intc, he joined Dell/EMC, VMW (summer camp), Gloo, then finally intc again, really not much luck after. Intc now is like 2000's AMD now... SVP is kind of a gift, AMD did not even have it in 2000. You need to appreciate.

Now the meaning is clear?

Not that I was expecting anything different but listening to the HR dude tells everything about the company. Also why does anyone need a bloated HR department full of garbage like this guy I won't know.

but i'm wrong again , the company is managed by id--ts . they can't even do the layoffs right . instead of losing the lazy incompetent workers they go the vsp route again . another brain drain , how stupid the management can be ? and the lazy will... — read more 

:-)

Remember when the Sales team (C. Schell) went on a Cruise approved by Pat! HAHAHA That's hilarious!

Any news on how many people taking cpm or retirement packages in pmso?

I heard SATG labs and CCG client architecture might be protected. Anywhere else?

… do you tip off your GL, or keep all In suspense until after the window closes?

Time for real leadership… no clowns need apply: Pat time to retire and go bye bye!

Why don't they sign for foundry? At this point just give them whatever capacity they want...why not? We're sc--wed anyway

There will be additionally layoffs waves that follow this first initial one. Don't think that when the ISP is over and done with that’s this is over. I think everyone is of mind that that’s it. Get through this and back to normal. Oh no. No no no... — read more 

Any idea or inside news on how many are getting early retirement or may apply for CPM?

Anyone have word on how many will be impacted at the Ohio site? There’s not many of us blue badge at the site yet and we’re behind already.

SMG publicly came out with -35% HC cut for the group in an open forum. Any other group or BU have come out and told employees the target % reductions?

Everyone is blaming CEO here - why not share some blame with Ann & Keyvan? Execution misses, not being able to handle customers... isn't that them? Just asking...

You might have hope…he said on todays show “sell everything intel” ….could be a buy signal

The decline continues with clear sailing in its pursuit of zero. Welcome back to the teens!

Any news or updates regarding FMSC?

https://x.com/pgelsinger/status/1820857358651986394 Just shut the F up. Let the product speak for itself. Don’t go on and on about unreleased products when you have lost all credibility. The only way to get out of this is the actually DELIVER. — read more 

I applied from the email and clicked yes but never got an email confirmation that I enrolled. Anyone else?

We will have cuts and layoffs following. I would just like to have at least a vague idea about the size of the chopping block.

2021 Pat rejoins Intel and the stock is $60, 3x higher than today. He outlines his plan to restore Intel to its former glory with 5N4Y. Intel headcount increases 10K during this year. Pat believes that the semiconductor demand situation is the... — read more 

There’s been rumors Federal will be impacted as well. If anyone knows anything about it, pls post.

There really is only one guy alive who can fix this - bring Krzanich back!

I’m staying because the ISV package is the same. Are VSPs and ISPs really the same?