People in IBM, HP, Yahoo are doing just fine. Well at least the majority of them who has the talent or luck to survive. Intel is not going to collapse even if AMD sells as many server sockets they can make at TSMC or everyone wants a MacBook. Milk... — read more 

Multiple posts deleted by the moderator of this site. Apparently the video normally available on Intel internal access was removed. Must have been pretty good to see.

One of Pat's four points to regain integrated device manufacturer leadership is to expand the use of third-party foundry capacity. A strange way to regain leadership?

He single-handedly running Intel to the ground with his ambitious IDM 2.0 vision which is still questionable if it works. Shouldn't he get more pay cut to save the sinking ship ?

Turned down Apple how long ago and TSMC and Samsung were slingshotted on a trajectory that Intel will never recover... — read more 

Are there any decent paying jobs for current Intel technicians (within ROC or Factory) outside of Intel? Is Tesla a good transition? What about Samsung? How does TSMC view Intel supporting staff? There are several overqualified employees that could... — read more 

Make sure you ‘exceed’ all your OKRs this year to get that “Pat” on the back, and secure the right to be around for pay cuts, round 2. Dude could admit that measuring employee performance, when virtually every single person in the company is about... — read more 

https://www.intc.com/news-events/press-releases/detail/1599/intel-board-of-directors-appoints-frank-d-yeary-as-new Pat is just keeping the seat warm. This is also likely why his attempt at a pay cut, unlike other tech CEOs, was an attempt to cut... — read more 

“As the CEO and founder of Zoom, I am accountable for these mistakes and the actions we take today– and I want to show accountability not just in words but in my own actions,” he wrote. “To that end, I am reducing my salary for the coming fiscal year... — read more 

In my many years at Intel I have noticed one consistent problem. Promising things you can't deliver.   You lack realistic estimates, honest review of basic capabilities before creating the roadmaps and schedules that are set in STONE.  None of... — read more 

Less pay, less output. If there are 260 work days in a year, those with a 5% pay cut get an extra 13 work days of vacation; 26 for those who got a 10% cut; and the ones who got 25% cuts get nothing since they’ll just juice the stock to earn back... — read more 

INTC How much further does the stock have to drop for a hostile takeover?

The only way pay cuts ever had a chance of not completely nuking employee morale is if the guy who got paid $140M last year, and his whole team of decision “makers” (let’s assume they aren’t making wild a-s guesses, as it appears they are) worked for... — read more 

Team morale was already down due to downsizing & then paycuts hit the last nail in the coffin. Managers and uppity graders sweating bullets rn and yet mgmt says everything will be ok next year. I call it BS

Intel could learn from this. A quote from a former Nintendo president that is being followed by the current management: “If we reduce the number of employees for better short-term financial results, employee morale will decrease. I sincerely doubt... — read more 

Intel (INTC.O) has provided the German economy ministry with a new calculation for a planned chip factory in the city of Magdeburg that considers almost 10 billion euros ($10.74 billion) of government funding to be necessary, business daily... — read more 

With QPB and other bonuses removed, people under grade 7 are up against significant income losses in 2023. Including an inflation rate of at least 8%, most people are looking at 20-30% in overall compensation loss. With no discussion of unionizing... — read more 

Local HR information meetings about the cuts are full of guilt and void of useful information

“We are in the early innings of a historical/generational shift in compute power in Silicon Valley,” Rosenblatt Securities analyst Hans Mosesmann wrote in response to that divergence of results. AMD’s datacenter business posted a sales increase of... — read more 

I've talked to quite a few people since we found out about pay cuts and not one told me this is a deal breaker for them. Nobody is happy about it, of course, nobody who is normal would be. But nobody who wasn't already looking to leave is now... — read more 

Has he done anything useful in that time?

this is just a survey

Can somebody in PR get Biden the updates on layoffs and pay cuts... He just said Intel is adding 10,000 workers earning an average of $130,000 in Ohio. Looks like he is pulling from the spin from last years speech...

Should I join as RCG?

The recording has been removed from video portal. Did Pat say anything illegal?

Anyone else find it disturbing how Keyvan keeps drilling we had execution issues but can't pinpoint what they were? Guess he can't say Sandra out loud in front of employees

I think I was the first person to sign up for the second round of voluntary separations. Totally clueless layers of program managers upon program managers. Large blocks of employees that switch jobs every 9 months to escape accountability. IP... — read more 

Someone needed to write this, and Rex did!!!!!! https://rexstjohn.substack.com/p/you-dont-know-what-you-are-talking

Whatever your views about intel execution, can't question their generosity and they have proven track record on that. First they generously donated talent to rest of the industry via ACT/vsp, then they generously donated their market share everywhere... — read more 

We just need a flashy new management book full of catchy ideas made by MIT graduates. Then we can spend millions of dollars to become the "enabler" for this new pipe dream. Sound stupid? It is! (IoT) But that's how Intel's leaders think!

https://www.fool.com/investing/2023/02/07/where-will-intel-be-in-3-years/

In every company I worked for, whenever the management screwed things up it was ALWAYS the engineers that were affected most. Sometimes the management got fired (e.g. MR in 2019), sometimes they moved to another role, sometimes they were left... — read more 

In 10 years… Server share ceded to AMD which uses TSMC technology and scale to maintain and extend a consistent lead. High volume leading edge mobile X86 PC market decimated by more battery/power efficient ARM processors designed for the Windows... — read more 

The in-fighting is a sign of over hiring. When someone is doing a good job, things moving along nicely, the managers would inevitably report it upwards as a success and demand three more head counts to fight over the same job. How would a company... — read more 

Throws in a couple of good digs at Intel's 10-K advertising it as the "industry leader" in semiconductors. "It's kind of funny how these [has-been] companies are really focused on ESG (environment, social, governance) because they still have that... — read more 

pay cuts are a wake up call to get back into hard work to unlock revenue growth

does intel reduce RCG salaries as well who will join in summer as grade 8 AI/ML?

Anything this year ?!