Don't listen to the $0.04/share loss number, that is heavily adjusted with all sorts of accounting tricks. And all this even slightly beating the already extremely lowered revenue expectations. A few more quarters like this and Intel is finished! — read more
Intel Revenue down 36% !
gross margin 37.5% $.04 / share loss
The number of laid off tech-sector employees is growing
More than 184,000 tech-sector employees have lost their jobs since the start of 2023 - and I'm sure we're about to add to that number, considering the disaster the earnings report is going to turn out to be. Imagine that many people trying to find a... — read more
Earnings Day Pep Talk!
Cheer up. Earnings will be reported after hours and Intel will lose more then half a billion dollars in one quarter. Biggest loss ever? Yes. But that is glass half empty. Glass half full says you still have a job, the company is the best DEI... — read more
Today is the day!
Today is the day Intel posts its biggest quarterly loss on record ever, of billions of dollars. Today is the day Intel lays off thousands of US employees and tens of thousands worldwide. Hopefully this is the catalyst for some sort of culture change... — read more
Quiet Quitters, is this you?
When you don't believe the company strategy will work (IFS), and all of the raises and 'rewards' are cancelled, but you need to make a living and the job market has gone stone cold... so you decide that you are going to only work just hard enough... — read more
Intel is about to post the biggest loss on record
https://www.marketwatch.com/story/intel-is-expected-to-post-its-biggest-loss-on-record-has-the-chip-maker-finally-hit-rock-bottom-f1d8d7ea
“Success breeds complacency. Complacency breeds failure. Only the paranoid survive.” - Andy Grove
No matter how successful you become, you need to stay vigilant. Great leaders make great products and teams, and then question how they can make them even better. No visionary has ever celebrated a massive win and then ignored any or all future... — read more
Without Promos Quiet Quitting Happening !
Without the incentive to work harder, I have seen so many folks just falling to quiet quitting. Rightly so. ZERO incentive to work hard or outperform.
Raja geta the boot but AXG management stays intact?
I can't for the life of me understand why the same folks who dropped the iGFX ball starting with Haswell through Skylake are still around. Sure Raja spent most of his time at Intel filming a movie in India but he supposedly has leaders in positions... — read more
Intel HPC group layoffs
Intel has begun round 2 of layoffs after a brief pause. HPC ..high performance computing has been targeted and hit with 40%+ layoffs. Intel is relentless..more to come. Toxic environment brewing. Management chain are puppets and beyond woke drinking... — read more
Buzzword bets
What will be the new buzzword of the quarter? Will Economic Headwinds return? Maybe Dignity & Respect will make a resurgence Or will we have a new phase shoved down our throats for the next 3 months What do you think?
Intel’s First Quarter Of 2023 PC Revenue Slated For 53% Annual Drop
https://wccftech.com/intels-first-quarter-of-2023-pc-revenue-slated-for-53-annual-drop-says-analyst/
Layoffs coming ?!? You read it first
I’m telling AXG, CCG, manufacturing teams fasten your belts tighter.
Q1 2023 Earnings?
GOOG, MSFT, AAPL, AMZN, others are all relevant. Does anyone have predictions for INTC Q1? GOOG & MSFT seem to be looking good so far, at least for Q1. AMD is coming up soon also.
Dismal Chip Demand Could Halve Intel's Q1 PC Revenue
https://www.investopedia.com/intel-q1-fy2024-earnings-preview-7484197 Intel is expected to report an almost 40% drop in revenue and significant net losses as PC sales and macroeconomic headwinds devastate the microchip industry. KEY TAKEAWAYS Intel... — read more
Earnings are going to be horrible
So far, every single chip-related company is reporting sales/revenue collapses of at least 30-35% in Q1. You think Intel is going to be different?
The $hit$how is about to begin
Sales are collapsing, leadership lost, leaders delusional and sowing money they don’t have nor will get. Epyc FUBAR. Board we thank you for the last decade of exemplary stewardship!
Intel Slumps on Sapphire Rapids Troubles
Those who were looking for the Sapphire Rapids chip to solve Intel’s (NASDAQ:INTC) momentum troubles just had their hopes dashed. Intel’s slumping a bit in Monday afternoon trading as the new chip is hitting a sluggish patch of demand. Worse, it’s... — read more
Prepare for storm in PSG
Bad news coming
OMG will this cause layoffs...
For AMD? https://www.tomshardware.com/news/amd-ryzen-7000x3d-burnout-reports Like most of you, I come here for failures of Intel's competitions execution. Anybody hearing good things about the 4070? Lol.
The Algo
function jobSearch(Candidate you) { // pre-work Goals goals = you.calculateTenYearGoals(); Compensation minimumBar = marketDataService.refresh(); List targetCompanies = searchTargetCompanies(goals, you.coreValues()); // self... — read more
Conversation Showing Intel's Cultural Problem.
"Why is this electrical rule here? Do I need it? "Yes - I verified with the content owner. Compliance lowers the risk of dead silicon." "Have you seen dead silicon solely because of this rule?" "No, but you can't ignore it. These things add... — read more
Don’t forget to attend all comp meeting … layoffs
You heard it first. There might be new announcements in all company meeting. Layoffs and pay restore in 2024…. Do you want some hints?
Intel trying to leapfrog TSMC and Samsung process technology on stolen IP from IBM and GF
It would be a great joke if it wasn't true
Microsoft is reportedly working on a secret AI chip
https://www.businessinsider.com/how-much-chatgpt-costs-openai-to-run-estimate-report-2023-4
They won't offer VSP
Intel would lose the few good people it has left. Why would they do that?
Intel transfers
If you want to move between BUs for another job, is it better to: A. Talk to your manager first about what you want and ask for their help B. Talk the manager of the BU you want to go to Use warmline and tell them you’re looking for a better fit — read more
What kind of VSP would be irresistible for PG?
Asking for a devoted Christian friend.
VSP next round instead of layoffs to be announced next week?
Any update or rumors?
Earnings Preview: Intel (INTC) Q1 Earnings Expected to Decline
https://finance.yahoo.com/news/earnings-preview-intel-intc-q1-140302886.html This world's largest chipmaker is expected to post quarterly loss of $0.16 per share in its upcoming report, which represents a year-over-year change of -118.4%. Revenues... — read more
Layoff next round coming you heard it first
After earnings second round (probably smaller) might be announced. The earnings will improve in second half drastically but still extra fat should be burned. AXG folks should be ready specially after org merge. Manufacturing folks too.