In parallel they’re working hard to “optimize” work/lab space and headcount who always work onsite. Looks like paranoia? Nope, just another plan in action to make people leave without severance package. To the most “lucky” and patient survivors... — read more
Pat Gelsinger Bought $250k of INTC This Month
https://finance.yahoo.com/quote/INTC/insider-transactions?p=INTC
Incredible opportunity, it's there for the taking
When the PC came along, Intel was at the front of the curve. When internet took off, Intel had a play with ethernet When mobile came along, Intel tried and missed it over and over. Each of these waves were bigger then the last in terms of technology... — read more
Reading up from an old management book.
Hay Pat. There's this: James 5:1-6 Come now, you rich, weep and howl for the miseries that are coming upon you. Your riches have rotted, and your garments are moth-eaten. Your gold and silver have corroded, and their corrosion will be evidence... — read more
What could motivate someone to return to Intel?
Other than the person being desperate for a job….
CCG layoff announced today, you heard it first last week
Good luck everyone 😨
WFH change first bad decision from Pat
I am that normal, positive person that everyone from thelayoff hates and accuses of being HR. You have a company hitting on all cylinders and you decide to destroy that by bringing back people to the office for hugs. This is follower management. It's... — read more
Layoffs announced for the california campus
Approximately 62 jobs will be cut from the folsom campus. No idea which department/BU
In your eyes, who's our biggest competitor right now?
Go on, young boy: Asking about your company's biggest competitor can provide valuable insights into the industry landscape, competitive threats, and potential areas for improvement or differentiation. By knowing who your biggest competitor is, you... — read more
Sick out to protest RTO
Let's have one day where everyone uses PA to protest RTO. A proverbial sho* across the bow to management.
HR and management are out in full force against WFH
HR and management are out in full force to attempt to show the prevailing attitude is against WFH. It's not. (except those that feel slighted because they need to be physically at work to do their jobs) Beware of the manipulation!
Return to Office = 3 Day Weekends!
Be sure you cram your work into the three days in office, and take Friday off, at the very least. These folks cut your pay, cut your benefits, did so at a time inflation was bonkers, and they’re gonna squeeze you as hard they can to get those extra... — read more
Return to Office = 3 Day Weekends!!!
Let’s all be sure to cram all work into three days on-site, and then endeavor to block, at least, Fridays, without guilt. Cut my salary while inflation is raging, but preserve dividends for stockholders? You’re getting nothing above the bare... — read more
Mental Health
🤷♂️ Tired of the stress. Can’t find anything else comparable in salary, let alone even get an interview, because anyone Intel-related is toxic for sensible companies. Most of us are too stupid and traumatized to be worth a d@mn in a competitive job... — read more
Where the heck was CP today ?
So many rewards questions unanswered.
RTO
My group has been informed that we will be expected to be in office for a minimum of 60% of the work week. I will not comply. Either they will fire me or I will get another job. Either way, I am looking. Tell your GL, "NO RTO!"
What Motivates?
What motivates these people to watch out for Intel's best interest? Andrea Goldsmith Alyssa Henry Omar Ishrak Risa Lavizzo-Mourey Tsu-Jae King Liu Barbara G. Novick Gregory D. Smith Lip-Bu Tan Dion Weisler Frank D. Yeary Say, for example, Tsu-Jae... — read more
Layoffs with no official announcement you heard it first !!!!
AXG and CCG have started burning extra fat I heard, polish your resume
No layoffs, stock price up, Intel is doing great
Only ones worried are the bitter disgruntled trolls who were rightfully kicked to the curb 7 or 8 years ago, and have been hanging around this forum ever since. Intel will return stronger than ever in a couple of years and all of you losers will... — read more
Has Moore Family Fund Sold Its Position in Intel?
A post a while ago here said Moore Family Fund owned a big chunk of Intel. It's not the case now. https://finance.yahoo.com/quote/INTC/holders/
Dismal Quarter, Dismal Outlook, Yet No Action at All?
No even some scrap to placate the shareholders. Isn't this a bit odd?
Calling all Intel finance guys...
Need your help. I listened to the earnings call and was alarmed by CFO comments that business model is built on 30% of gross revenue going into CapEx. Here is why. I build a little model and if you put in any reasonable assumptions of TAM, share... — read more
Mind games
ELT is an expert at it Deflecting focus away from from revenue landslide YoY Focusing on outperforming already lowered expectations Deflecting focus away from negative net income Focusing on green shoots of recovery
Any updates on Solidigm / NSG / SK situation?
No clarity from leadership. Is there any light at the end of the tunnel?
A Serious Suggestion
The move to the cloud is bad for Intel. Intel should have resisted by beefing up the personal computing power and frighten people with privacy concerns. It's not yet too late. You can still scare the shart out of people and make them buy bigger... — read more
Want to turn the ship around?
Let's run this place old-school from the bottom up. Ignore the fancy lifestyle management and leadership. Let's build quality stuff that people actually want to buy. We all know the PC will never make a comeback. Make it understood that we will no... — read more
Worst HR of any tech company?
You make a simple request to these people and they non stop sh-t on you. I wonder if they know how many internal employees leave because of inept HR. Working here is a major mistake. Don’t get trapped here.
What is the strategy on not having major layoffs like Amazon or Meta?
There must be something else being planned that Intel has not announced major layoffs to push the shares up just like Meta.
Will someone please tell Pat that no, PC shipments are not going back to 300+ million? Like, ever
At the very best case you'll get 265-280 million when the economy recovers, and things go back to 'normal'. That is probably going to be 2025 at the earliest, if there's not another war or some other unexpected factor. But you're never getting back... — read more
At this point, Intel needs an Elon-style random 50% layoff to have a chance of surviving
Think 50-65K employees might make it remotely competitive.
What an embarrassment
You are all fools if you believe all is good at Intel @avx+1mlslf9c The last time Q earnings were in the $11B range was in 2010 when costs were less than half and headcount at 2/3 of where they are now. Q1 2023 financial performance is a total... — read more
Intel Sells as Much as AMD and Nvidia Combined
I just noticed that Intel sells as much as AMD and Nvidia put together. Sure things are down, but they were down for AMD and Nvidia also. Simple facts are that all the headwinds are going in the right direction for Intel! I am excited about... — read more
How to calculate QBP
Grades 6 and below: 0.0 days Grades 7 and up: -3.2 days per quarter that you're subject to the 5% pay cut.