I hear that Intel aims to concentrate all R&D to a few megasites (at least thousands of employees) and aims to shut down most of the sites under 500 employees during this year. This has been the trend for a while but will get more aggressively forced... — read more
Intel's manufacturing woes started with the 2016 employee reduction
Intel's manufacturing woes started with the 2016 employee reduction. It just took a while for that to become evident. The brute force tactics used by HR to make sure that they got enough people to take the buyout packages back fired and too many... — read more
Intel to invest an 'unprecedented' $11 billion in Israel operations
https://www.jpost.com/Israel-News/Intel-to-invest-a-further-11-billion-in-Israel-operations-578973
Non-political worker bees will get fired
Non-political worker bees will get fired. The bloviators and b---s---ters will always remain. Intel Focal process is completely corrupt and useless. It actually tags the successful, hard working employees for termination and promotes the lying sh1ts... — read more
This is embarrassing
As somebody said in another thread, it has been over seven months since the search for a new Intel CEO has started, and still we have no proper candidates (or much more likely - no candidates who would be willing to accept this job.) Which truly is... — read more
The real damage
Paying for useless people is cheap. The real damage is when these people spend massive money on counter productive projects and drive the wrong strategy forward. The solution is maintain the pyramid and cut number of middle management by half... — read more
Intel to invest $11 billion on new Israeli chip plant - fake news?
https://finance.yahoo.com/news/intel-plans-invest-11-billion-213607257.html
Where is our new CEO?
When can we see captain, we are sailing on a ship without a captain
Good point from @XlIsehe-mav
"Look how the BoD pulled the rug out from BK a man who dedicated his whole life to the company, and now you wonder why no good candidate can be hired, drafted, coerced." Don't get me wrong, I still think BK was an evil, corrupt clown. But the point... — read more
Intel
Intel and management team can learn a thing or two from the cultural and focus of Samsung and Huawei as well as the other direct competitors or indirect ones like TSMC, nvidia, Apple, AMD and even Google and Amazon that are killing it.
A Good Business Strategy Needed
No company in the past decade was better positioned with resources to capitalize on technology. Sadly Intel had no leadership capable of taking an advantage of that. Intel hopefully won’t disappear from the tech map but our industry is littered with... — read more
PSG layoffs
They just knocked out 100+ ppl in the PSG group, saying the difficult climate in the data center business, they have to reduce some headcount. I’ve just read it on another thread, can anyone confirm this
What else does the chairman do
His top priority is to hire the next CEO and he can't even do that! Who can fire this incompetent gout suffering fool
Intel misses on revenue, misses on earnings, misses on guidance, misses on PC, misses on datacenter, shares drop 7%
Layoffs are now a certainty as predicted. https://techcrunch.com/2019/01/24/intel-shares-drop-6-after-rare-revenue-miss-in-q4-earnings/
Intel Marches Toward Earnings Amidst Macro, Management Questions
Against an already uncertain backdrop, Intel emerges with unique issues. https://realmoney.thestreet.com/investing/stocks/intel-marches-toward-earnings-amidst-macro-management-questions-14844629
Qualities to look for in a tech CEO
Track record as technology visionary Track record as product visionary Ability to pick and attract solid leadership team Track record as an outstanding mentor Highly organized Outstanding manager Admired by direct reports Zero tolerance for BS... — read more
2019- the year of reckoning
2019 will go down as the year of reckoning - the fallse security of the cash cow and chip shortage blinding to the underlying decay in technical leadership, most shockingly in the fab. 5 years ago we claimed to be so far ahead of the competition so... — read more
Less than 24 hrs
Tomorrow by this time, Intel will have a new CEO!
Q4 announcements
Any predictions what will be announced during Q4 results announcement? New CEO? Spinning off fabs? Selling McAfee? Buying a new business? Layoffs?
Intel's 5G dream turning into a nightmare
The modem is still not taped out. Many expect it to return from the Fab dead on arrival
A precarious time as CEO choice, data-center competition loom
https://www.marketwatch.com/story/intel-earnings-a-precarious-time-as-ceo-choice-data-center-competition-loom-2019-01-22
Massive layoff coming
With the continued government shutdown a large number of intel contracts will be dropped. This can only mean MASSIVE layoffs at anybody working in government sector . Rumor says about a 1000 employees will be affected.
Great vs mediocre
Great companies focus on building great products. Mediocre companies focus on improving diversity and gender equity. When you don’t have a great product strategy, you focus on BS c-ap like diversity. Steve Jobs and Andy Grove built great products. BK... — read more
Intel plants to Expand its Oregon facilities for the production of 7nm
Not confirmed officially but the author of the article claims to have strong insider info on this. Aparently, the Oregon D1X factory will be expanded an accommodated for production of 7 nm chips... — read more
Intel chip shortage until Q4'2019
https://finance.yahoo.com/news/apos-intel-apos-processor-shortage-130400678.html
Should you stay or should you go?
Does it matter your companies profit if they have an irrational track record of acquisitions and layoffs initiated by BoD even when times are good. Intel has track record of cutting costs while frivolous overpaying to enter late into new markets... — read more
When is our new CEO announcement coming?
This week?
ICDG lost their only customer
8060 modem was dropped by the big A. With the current progress or lack thereof, 8160 is on track to annoy customers again.
Lots of PR trying to gaslight us
Circuit articles saying how great our future will be. Public articles saying how normal taking 7 months to find a CEO is and how our executive exodus is normal. Make no mistake. We are in trouble. No matter what the Q4 numbers are, things are not... — read more
We shouldn’t put our hopes in the Apple deal
When I say this I’m trying to be realistic, and everything points to me that we will never become an exclusive supplier to Apple. Judging by what was said by the Apple official they don’t see Intel as a lone supplier of chips and modems in the long... — read more
No more large layoffs - smaller ones under the guise of reorganization instead
My understanding is that large layoffs will no longer be done and smaller ones will be hidden under the guise of "reorganization" etc. This avoids bad publicity etc. I've already seen it happen recently...My recommendation is to buckle your seatbelt... — read more
Latest cuts and severance
I heard that some groups have already had cuts. What is the severance? Is it what they did to the maker groups last year? You have 2 months to find another internal job and then get 1 month severance plus cobra insurance etc? Can anyone confirm?
Rate the options
Johny - BEST Pat - GREAT Bob - MEH, but OK Murthy - WORST
2019 layoffs
@VB8xZy1-1ynsk It seems that there is a truth to this news. Intel is planning massive layoffs as part of ACT2 that will coincide with hiring of new CEO. It’s evident in recent Executive departures. It maybe in phases but it will be aligned to market... — read more
Here come the reorgs
Mix it up. Rename and acronym everything. Here they come. They will surely be followed by shadow layoffs and cuts of groups as well.
Intel could buy AMD -rumors circulating again
Read this article and to tell you the truth I don’t see this that is realistic. Curious about getting some thoughts on this. Is this even a realistic option at this time? If it is, what could be the consequences of such a purchase?... — read more
Short list
Under consideration: Johny Srouji Kirk Skaugen Pat Gelsinger Bob Swan Out: Murthy, Naveen, Diane, Anand, Sanjay, Renee
Reasons behind why is Intel a company without a leader
7 months have passed and there is no sign of Intel getting a new leader. A lot has been debated on this matter, but this article goes through the basic reasons why this is the case. It also gives some potential names that could emerge. Curious to get... — read more
Another CEO name
Kirk Skaugen was mentioned on TV today