https://wccftech.com/amd-grabs-over-30-percent-market-share-with-epyc-cpus-intel-continues-to-decline/
Happy 2-Yr Anniversary at Intel, Pat!
Take a bow!
ELT Bio
Many of them would not pass grade 9 in the old Intel.
Morale improvement
Despite the hiring freeze in many companies, the best people are still leaving here. Two of my colleagues recently left. I think it's high time that the management tries to improve morale, which is very low at this point, although I don't know... — read more
TSMC - WB cuts stake
Taiwan Semiconductor Manufacturing — Shares of the global semiconductor maker dropped 5% after Warren Buffett’s Berkshire Hathaway appeared to make a U-turn on the Taiwanese company. Berkshire cut its stake in the fourth quarter by about 86% from the... — read more
Why do I want to consent the paycut?
I am more towards there will be next CPM action regardless of consent. It’s just a dream for Intel to achieve 100% consent begging. Intel never value employee sacrifices and loyalty with rewards, they rather just talking to show appreciation. To be... — read more
I feel pay cuts are cheaper way of reducing headcount
Executives took a symbolic pay cut from their base pay. Still their total comp is millions of dollars. https://www1.salary.com/INTEL-CORP-Executive-Salaries.html You judge
Blood bath in NEX today!!!
New round CPM announced, lastday April 30th.
Berkshire dumps shares in TSMC, banks; increases Apple stake
https://www.reuters.com/business/buffetts-berkshire-reduces-stake-activision-blizzard-2023-02-14/
Lifeline !
It seems like Intel needs a lifeline right now. With such a high cash burn rate with all the investment going in factories and people, with revenue collapsing, with recession looming putting further down pressure on the revenue, with employee bonus... — read more
No high hopes
Even if Intel trims all the fat now, I think it will take a long time for this company to recover, if that's even possible anymore. Why do some think that everything will be better or that some kind of miracle will happen after Intel gets rid of a... — read more
Job Opportunity?
https://www.reuters.com/technology/tsmc-boost-capital-arizona-factory-by-35-bln-2023-02-14 We will see how fast DEI ruin them.
Intel in the box
Lowlights: Pat is boxed in everywhere: technology: EUV cost vs. lack of scale business: No foundry willing to support so far personnel: bloat and lack of know-how (and courage) to reform finance: huge burn rate of the... — read more
Why should I consent?
I'm struggling to see a reason why I should consent to the cut, other than some sense of comradery. It feels like regardless of what I do, more layoffs are inevitable.
Why are managers still saying Intel’s future is bright?
Will we really get out of this rut
NDTM what to expect
What to expect for NDTM /sk
Bloated company
Intel is full of dead wood. Isn't it awful that it got to this level of bloat?
'What happened to this company and when?'
Many prior threads on this. Here is the cliff notes version: Intel got bloated and lazy focusing on core business. Core business was undermined from below by better ARM solutions Core business demands slows Intel failed in wave... — read more
What Company Would Be Willing to Make CPUs for Intel?
Only TSMC and Samsung could. But would they? It needs a lot of faith from two foreign cultures. Nobody in the WEF ownership circle can save Intel.
More "good" press about Intel
Intel is in a very bad place, and they need to admit it In reality, Intel is not the giant of the industry. Intel's total share of industry capacity is around 10%, they are not a giant who has stumbled, they are a niche player and have been for... — read more
If you're wondering about the pay cut strategy
Apparently the Chief People Officer bragged about the idea in a paper to the World Economic Forum a couple years ago. This is scary on many levels... https://www.weforum.org/agenda/2022/05/attracting-and-developing-talent-to-techs-highest-calling/ — read more
How d-mb can we get, really? How mean are managers willing to become?
Inefficiencies and a lack of competency within leadership can negatively impact a company in a number of ways. For example, indecisive or poor decision-making can result in missed opportunities and wasted resources. Inefficient communication and a... — read more
Advice for dealing with misleading management at lower levels
Self-explanatory… I’ve often wondered if my own manager is aware of the realities our company faces. They can’t all be this stupid, right?
we will have another layoffs?
I heard some rumors on ive. Any more details ?
Honest question why do people stay
Believe they making a difference and want to be part of the turnaround Believe in the turnaround and want to cash in as they are too lazy to move and do better. Milk it as long as you can To lazy and want to milk it till they get laid off... — read more
Can Intel come back?
This is a good balanced article on the state of affairs at Intel https://www.ft.com/content/380275f6-6b9f-4e2f-ac5b-e6fca4e6c969?ftcamp=traffic/partner/feed_headline/us_yahoo/auddev Riverboat gambling Pat is betting the company. Do you feel lucky? — read more
Intel is putting the cart before the horse
https://www.fool.com/investing/2023/02/08/intel-is-making-a-catastrophic-mistake/
Bloat !
This has been a problem at Intel. Too much bloat. Even after these layoffs, I can guarantee that you can point to at-least 2 people who work with you day to day, whom you would not miss. Not because you don't like them or they dont agree with... — read more
Is this a bad sign ?
My manager is not responding to my emails for couple of days now and I had 1:1 yesterday lasted for 15min . It’s a bad sign , right ?!
Economic slow down?
Seems only Intel has a shrinkage issue in 2022. https://focustaiwan.tw/business/202302100023
Intel borrowed 11billion
I guess CHIPS act money is not coming any soon…. Desperation!!
Who Might Buy TMG
Micron? Samsung? CCP?
Bottom of the saddle
Look, we all know Pat stepped into a difficult situation. The state of the company today is much a reflection of things BK did (and didn’t!) do to maintain process and design leadership over TSMC as anything else. Unlike most other sectors... — read more
Does anyone trust Pat anymore?
Anyone? Bueller? A CEO who has lost the trust of his team is just walking the plank. Guy is toast. Stealing from his employees while giving his buddies a little trim off the top seals it. BK’s probably got a nice little hideout to host failed... — read more
Time to bring another class action
https://www.oregonlive.com/silicon-forest/2023/02/intel-appears-to-have-settled-discrimination-lawsuit-from-2015-layoffs.html?outputType=amp
Macro Economic my A$$
AMD Caps 2022 With Nearly 30 Percent CPU Share Against Intel. Can if Wh00p A$$ if I ever saw it by a far smaller company https://www.crn.com/news/components-peripherals/amd-caps-2022-with-nearly-30-percent-cpu-share-against-intel
Exclusive: Intel weighs boost to investment in Vietnam chip packaging plant
Intel Corp (INTC.O) is considering a significant increase in its existing $1.5-billion investment in Vietnam to expand its chip testing and packaging plant in the Southeast Asian nation, two sources familiar with the matter told... — read more
Pay cut consent
Are you're going to sign the pay cut consent form in the next days ? (for non US employees)
Hey Intel Execs, Take Some Responsibility!
I've seen multiple execs in other companies take personal responsibility for layoffs. All I've heard from multiple Intel Execs is "Macroeconomic headwinds BS". Admit that you've made some mistakes at least. Noone is expecting you to be perfect, but... — read more
If you walk around a Hillsboro
Folsom, or Chandler neighborhood, you will more than likely to see many people wearing Intel shirts playing tennis, biking, or walking between 9 and 5. Why not enjoy yourself when the sun is shining?