It's grim out there, especially in the tech industry and if you're 50+ in age. Good luck!
I can bet you we will watch a lot of talent being booted
I don’t trust this mgmt to make any sound decisions, including and not limited to layoffs selection. They’ll go for the easiest cost-cutting, by numbers, without any idea about the long-term impact of their decisions. If they were capable of proper... — read more
DON'T CHECK YOUR MAIL!!!
The voluntary package is like a golden parachute, complete with fluffy bonuses and gentle landings. As for the involuntary package, well, let’s just say it’s more of a bungee jump—without the bungee. We keep the details vague to maintain that... — read more
"AMD is in our rear-view mirror"
Makes sense when you realize PG was driving in the wrong direction
Pay increase 2025
How much pay increase is planned for next year? How will all these bad news impact our RSU grant? I think we deserve to be paid more for job well done.
delist INTC from markets
Just remove the d-rn thing. It's back to 1998 price levels.
Pat should take the enhanced retirement offering
It will be more than he deserves
Eligible Retirees
It su-ks knowing that some of your eligible retiring colleagues who work hard and have a wealth of knowledge are being targeted to leave when you literally have younger lazy non contributing slacking others who will still be here after all is said... — read more
Intel's next product
The X-X 86 chip architecture, designed to meet the pron production and content companies worldwide!!!!
Still no Emails
Has anyone received the Retirement Email yet?
Divine Profits: Preacher Cashes in Big!
BiggBos Le Prat raked in 100s of millions! Moral of the story: When in doubt, just sprinkle a little more holy water on your bank account.
Pat is blocking people LOL
https://x.com/techepiphanyyt/status/1820366275417137628 If can’t take the heat… Hahahahhahahah
When to expect the email?
When can we expect the VSP email hit the inbox?
D-mb IDM2.0 training, Zero Motivation for Employees BUT Guilt free PG
Loyal, dedicated employees are receiving NO clear communication about the company's future direction. Good Managers despite building strong teams, now lack guidance to share with their subordinates. Instead of meaningful information, circuit is... — read more
Intel caused the stock market to crash
OMG 😲 Recall broken CPUs and layoff workers
Surprise begets surprise
The trouble with Pat and Dave saying “whoopsie doodle things are actually much worse than we let on last quarter” is that there’s still plenty of downside left for them to do that AGAIN at the end of Q3
When will the first full loop wafer exit the Ohio Fab?
Last week I thought the answer was early 2027 but today I think the answer is never
Bid farewell to Intel
Ladies and gentlemen, we gather here today to bid a humorous farewell to our dear friend, Intel Corporation. Intel, the silicon giant, the processor powerhouse, the chip champion, has left us. And let's be honest, it wasn't the competition that did... — read more
PG posting scripture while the stock falls off a cliff.
https://x.com/PGelsinger/status/1820129317122080977
Nvidia delays Blackwell over design flaws
Everybody is moving to fast in this industry. Reports of this issue started to surface on Saturday: https://www.tomshardware.com/pc-components/gpus/nvidia-blackwell-gpus-allegedly-delayed-due-to-design-flaws
Age will be a major factor
Watch as Intel does its best to get rid of everybody 50 and over while attempting to hide there's age discrimination taking place.
[News] NVIDIA’s Backup Plan? Intel Reportedly Secures Packaging Orders from the AI Giant
https://www.trendforce.com/news/2024/08/05/news-nvidias-backup-plan-intel-reportedly-secures-packaging-orders-from-the-ai-giant/
Intel: Prospects Worse Than They Appear
https://seekingalpha.com/article/4710427-intel-prospects-worse-than-they-appear
Any thoughts on how many will accept VSP?
I'm assuming the more accept, the fewer involuntary layoffs there'll be. I'm low-key hoping enough folks are unhappy here and are looking for a way out to minimize the need for laying off the rest of us. That would be a win/win situation, at least in... — read more
How will we be notified if the isp?
I know for retirement and voluntary cpm it will come in an email. I assume the isp will be in person with your manager.
Truth is finally setting in.
DZ even admitted they were overselling things. I think they were hoping for a bit of luck in Q2 and it didn't go there way and doesn't appear to get better in Q3 and Q4. Now, they can no longer hide the fact that the revenue they lost was not... — read more
China’s in control
Source below… There's no sugar-coating this so I'll give it to you straight: We don't have a competitive domestic chip industry & we won't have it in the next 10yrs China will take 🇹🇼 & control TSMC We will keep buying chips from TSMC w/... — read more
10B cost reductions in 2025
This won't be the last rodeo of layoffs. And sure it won't come from ELTs pockets. I'm expecting year round CPMs next year
How can projections and status be that far off?
The thing that annoys me the most is that things were looking OK. We finally rid ourselves of the austerity measures, we resumed the intercampus flights, the stock almost doubled in 2023, dropped in early 2024, but had recently made it all the way... — read more
Pat will turn around by a focus on his ABC’s
Always Be CPM’ing
Why DCAI not opening CPM window this time
Why DCAI not opening CPM window this time
0.5 nm protect the secret we-pon?
It can’t be cut. Better to join this team or too late for this to succeed?
Why would anyone accept CPM VSP ?
Why would anyone accept the CPM VSP coming tomorrow? Unless you have an offer in hand is there any reason to take the VSP over waiting 2 more months and get salary and insurance? And spend August and September job searching.
So Monday should be fun
Monday is going to be a hoot. After being glue to this site over the weekend I am a bit nervous about coming in. Is anyone else nervous?Opened my eyes to a lot and pulled back the curtain on the type of people I thought were my colleagues.
How many victims are effected by Intel criminal schemes ?
Any estimation ???
Voluntary vs Involuntary package differences?
Based on historical data, would anyone know if the involuntary layoff package would be substantially worse than the voluntary separation package? Circuit+ does not mention any numbers for involuntary layoffs AFAICT. Thanks for any insight.
you guys think it a value stock to buy now?
Almost historical low, is it a right time to buy bule chip stock?
Patrick Gelsinger, a suboptimal CEO, one of the worst CEOs today.
Must watch: https://www.youtube.com/watch?v=8j-jk9xLyAo Destroying value and bankrupting the company at once. Thank you, Pat!