Stock is up so much. Can’t wait to crush earnings!!!!
Intel gave Christoph Schell $20 million when it hired him away from HP Inc
Intel Corp. (Nasdaq: INTC) paid out smaller cash bonuses to some of its top executives in 2022, a year in which the chipmaker struggled and began a cost-cutting initiative. CEO Pat Gelsinger received a $945,900 incentive-based cash bonus, down from... — read more
Today is the day!
Today is the day a couple thousand Intel employees worldwide will be terminated, myself included. Intel is focused on nothing but getting people off-the-books. Over the past 9 weeks, my "proxy manager" has averaged about 950 direct reports. All... — read more
Layoff can be avoided easily
Answer is trivial, cancel L1s/h1b
Raja fired and Intel stock jumps
As I said before, getting rid of cancer improves health. Giving raja the boot and the stock jumps, this one is not coincidence
Will paycuts be revoked earlier than expected
Now that the stock price is out of the rut and things may look better for this quarter given the rise of the stock price in short period and market sentiment towards tech stock is rising
Predictions for promotions this year?
They haven't ruled it out but they've been very vague "we're still figuring out what promotions look like in a zero merit environment yada yada" I reckon these are some options they could go with: No promotions full stop Promotions but delayed... — read more
Intel grounds employee air shuttle to save costs
https://www.oregonlive.com/silicon-forest/2023/03/intel-grounds-employee-air-shuttle-to-save-costs.html Any idea how much will be saved with this move? It'll be a huge pain to drive to PDX during rush hours to fly commercial.
Intel is still a good company
We need better leadership and more forward thinking instead of sticking to the status quo, and we can be on the top again. I'm surprised at how many people point their hatred towards the company itself instead of where it truly belongs - to those who... — read more
Intern return offers, still being made to summer 2023 interns?
I know that it is a pretty good bet that interns will get return offers under normal circumstances. I was just wondering how often return offers were given out during ACT or other periods of layoffs? Did they cut back on them a ton or was it fairly... — read more
What does Mr Market know that we don’t?
Stock up 8%…hmm any rumors? Maybe a split? Ceo transition?
At least we closed in the thirties...
INTC closed at $31.52. We're back, baby! Here we come!
At least employees can now have pronoun-inclusive badge sleeves…
Cut back on spending everywhere else except for where it really “matters”…
At least this is in the U.S. for a change
Planned Intel building could point to future Oregon factory expansion Intel plans to build a new, modestly sized manufacturing support building on its main Oregon manufacturing campus. The chipmaker says will enable new production technologies and... — read more
Which is better : Intel or Cadence
What's the career growth and work culture in cadence for design engineer in case one switches. Is salary growth better than here. I'm from AZ
INTC stock
Seems INTC stock were running better than AMD in recent one or two weeks, does that mean Q1 result is better than prediction?
INTC going all in on foundry
Looks like they are putting all eggs in one basket. shutting down the network and modem business , graphics org restructuring , paycuts and layoffs, all for to compete with TSMC. It's like bringing a kn--e to a g-unfight
I Saw the Face of Myra in a Semiconductor Wafer
I Saw the Face of Myra in a Semiconductor Wafer that was processing in the Front End. I didn’t like it. I didn’t like it one bit.
Would you switch to AMD for lower pay?
Let's say it's a 20 percent drop in compensation.
Any more CPM in the coming April?
A little bit worried about that because my ongoing project has been canceled recently
I Saw the Face of God in a Semiconductor Factory
I Saw the Face of God in a Semiconductor Factory As the US boosts production of silicon chips, an American journalist goes inside TSMC, the mysterious Taiwanese company at the center of the global... — read more
Gordon More, Intel’s Founder and a legend dies at 94
https://www.reuters.com/technology/intel-co-founder-gordon-moore-dies-94-2023-03-25/
Why is Intel so stuck in the past?
I'm trying to understand what the reason is, is it that the leadership is lacking ideas or the changes that this company needs are considered too much of a risk? Perhaps some other reasons? Sometimes I feel like I'm wasting my time here.
NVDA Grace CPU
NVDA’s Grace CPU using Arm is the final nail in the coffin for Intel and Amd. King of GPU is now the king of CPU. Time to short the stocks of these two losers.
Getting a new job
What transferable skills can technicians mention on their resume? I would say the hardest working people at intel are the technicians themselves, who bring insurmountable support. There is no real career path for a lot of these folks, especially the... — read more
Intel the retirement home of industry has beens
Too many management layers and redundant managers. Growth is buried six feet under. Way too many i-ndians and their natives
Sad days for Intel
Our business strategy seems to be leading us down a path of destruction. Instead of growth and prosperity, we are witnessing the slow and agonizing demise of all that some of us have worked so hard to build. It is truly disheartening to witness... — read more
Some great views of this company
"TSMC has learned to dance with 400 partners. Intel has always danced alone." “A foundry person leader who literally has no foundry experience.” “Intel cannot find anyone credible enough to lead intel foundry group so they promote a supply chain... — read more
Intel knowingly lied to me in interview
They lied about what my role would involve. My duties are incredibly tedious and it's becoming clear that what I was told in the interview is not going to materialize. My colleagues said they do it all the time because they have such a hard time... — read more
Fate of AXG
With Raja gone, AXG in reorg, what's the fate of the employees?
New IFS lead
https://www.intel.com/content/www/us/en/newsroom/news/ifs-march-2023-news.html Looks like another Intel lifer with zero foundry experience. Good luck.
Are we looking at reduced severance?
There are many ways to cut costs and while layoffs are one of them, they cost money. I’m worried that Pat and his entourage will realize that they are paying too much (even if it's less than most other tech companies) to get rid of people and decide... — read more
Time to switch career ?
I'm from Folsom and joined Intel as H/W engineer after undergrads and after working for 3 years feels like I'm in a career rut and current economic situation is not suitable for a job switch. Should I consider an MBA degree. I'm pretty sure my... — read more
Potential redundancies
https://arxiv.org/abs/2303.10130
Any idea who this is who is leaving soon?
Does anyone know who this may be? https://twitter.com/CDemerjian/status/1637860010930626575?s=20