https://www.crn.com/news/networking/2025/intel-reveals-plan-to-spin-off-networking-business-in-memo
It’s All so so so sad
What an absolute ‘kin cluster. I’ve never seen such mis management - Andy grove, Sean malloney, Paul ottelini, Noyce are rolling there graves - what an absolute disgrace. The whole thing should be closed down and let’s let someone start again. ... — read more
When are Intel executives going to learn?
Any time you hear the term “Laser-Focused” from a corporate id--t You can bet your a-s they are talking an area that’s is underwater and will definitely still be underwater in the next earnings report. "We are laser-focused on strengthening our core... — read more
Job search post layoff
I have been affected by the CPM actions, and struggling to find a job. I am applying to dozens of jobs, but no interviews so far. People in the same boat, how's the search going?
What happens after Sep 1?
Even after all the RTO policies were rolled out, there are still quite a few people who remain fully remote. Some have silent manager support, and some are just stuck in a gray area. If anyone has been officially approved to stay remote, or has been... — read more
Intel is laying off 24,000 employees and retreating from some countries
Intel says it will retreat from planned projects in Germany and Poland, end its assembly and test operations in Costa Rica, and finish 2025 with just around 75,000 “core employees” in total. Intel employed 109,800 people at the end of 2024, of... — read more
where is that Crusty Old Man Barrett when we need him most ??
Intel will cancel 14A and following nodes if it can't win a major external customer — move would cede leading-edge nodes to TSMC and Samsung | Tom's Hardware https://share.google/JDhnTTZU9oxFsfK29
Is severance really at risk?
If Intel were to go under, sure. But based on what we heard today, how realistic is it that severance could actually be taken off the table in the near future? I’ll admit, I’m one of those who regrets not taking the package and leaving earlier, when... — read more
Short sighted
Short term and short sighted? I am definitely looking for an industry change. It is past time for my decision making!!! Intels current customer is it's investors. Back to business 101... "Intel appears to be prioritizing short-term profitability... — read more
Game Over Folks...
You should'a taken the package...
Stock headed to single digits
If nothing even slightly improves this Q, we are looking at single digits in stock value. Oh boy. More layoffs and no more severances from now on. Forget about any bonuses or raises for engineering ICs
SK blooms while NEX is doomed
NEX is being spun off due to SK but he continues with Intel with promotion and more package. His AI strategy is just PowerPoint presentation , nothing concrete, no vision , with such great leaders at helm, I don’t see any great future for Intel. His... — read more
Remember that nothing is certain in this life
“Enjoy prosperity while you can, but when hard times strike, realize that both come from God. Remember that nothing is certain in this life.” Ecclesiastes 7:14 NLT
Plan your exit
The company put the statements in the 10Q about potentially stopping process technology development to meet their fiduciary responsibilities to investors. This is a huge statement and needs to be taken seriously by employees. Basically, Intel needs... — read more
This will bring paronia back into the company
Intel will cancel 14A and following nodes if it can't win a major external customer — move would cede leading-edge nodes to TSMC and Samsung | Tom's Hardware https://share.google/JDhnTTZU9oxFsfK29 There will be real fear about failure
Dropping the ball again...
https://www.tomshardware.com/tech-industry/semiconductors/intel-might-cancel-14a-process-node-development-and-the-following-nodes-if-it-cant-win-a-major-external-customer-move-would-cede-leading-edge-market-to-tsmc-and-samsung
Layoffs will continue until balance sheets improve : DZ
They sure aren't stopping at 75K HC
LBT dodging questions during ACM
like he's dodging defenders playing power forward in basketball!
The great engineer focus company
Ok, now that we got rid of the 15% engineers and around 10k factory workers, we declare we will get rid off another 15% with in this year - this should make us the great engineer focus company that we all loved and wanted to be - god speed people.
No wonder Intel is in such bad financial shape
100,000 - 15% = 75,000 Yes, this is legit Intel ELT math
Additional 15% Layoffs
https://www.wsj.com/business/earnings/intel-earnings-q2-intc-stock-00bacf74?mod=mhp
But lets keep the EVPs CVPs and rest
With everything happening let's continue to keep the layoff decisions in the hands of the incompetent. Yeah that will fix this gigantic sh-t show. All the Directors, Sr Directors, VPs, CVPs, EVPs, Fellows need to be looked at very closely. This is... — read more
LBT needs to change his script
For gods sake, same thing every month. Basketball, insights into hiring his friends etc lol
SERPLUS at risk
What’s the risk for those with big amount of SERPLUS we are going BK. As non qualified you have an unsecured claim on Intel assets!
A Rare Occasion
INTC is tanking after hours. Not even huge, additional layoffs will motivate Wallstreet. What’s next?
10-Q Remarks
Intel, the daddy of Moore's Law, is, for the first time in history, contemplating whether it will continue at the cutting edge. According to its 10-Q: "However, if we are unable to secure a significant external customer and meet critical customer... — read more
Minimal benefit from inventory pull ins
This is the missing point. This revenue had a slight bump due to the tariff risk inventory pull in. Looks like not much of a bump! This is going to get bad!
Intel Ireland
Any impacts in Ireland. I left in 2023 and the grass is 'kind of greener' but not that much. It's all mess. Good luck!
14A
https://x.com/_fabknowledge_/status/1948484756674416805
Layoff bleeding another 15k
Nothing is going to stop the bleeding. No rescue. No escape. No jump. Only waiting to be executed or throw out the bus or under the train.
Shouldn't this mean fewer layoffs?
Right? /s
Intel beats on revenue, issues better-than-expected forecast
Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as new CEO Lip-Bu Tan announced significant cuts in chip factory construction. In a memo to employees, Tan said that the first few months of his... — read more
No QBP this time?
Cannot find on circuit
75k workforce by end of year
Where are we now? How much more is that going to require?
Amazing earnings report
LBT turning this mess of a titanic around Congrats to all $50 by end of summer
To my Corporate Friends
Who can relate? Esp during these layoffs…. https://www.tiktok.com/t/ZT6rCCdtc/
No more tech hiring in India, Donald Trump tells Google, Microsoft and others to focus on Americans
https://www.indiatoday.in/technology/news/story/no-more-tech-hiring-in-india-donald-trump-tells-google-apple-and-others-to-focus-on-americans-2760486-2025-07-24
RTO is just a tactic to make people quit
Every other reason is secondary, if there were ever any valid reasons to begin with. Commuting is manageable in some cases, unless we’re talking hours to and from the office. Relocation isn’t a real option. It’s extremely expensive, it disrupts the... — read more
The company-wide layoff the trolls are all whining about isn't going to happen any time soon.
The company has stated that no company wide actions are expected through 2026. CEOs typically like to get layoffs over with right off the bat, so they can then set about building, or in this case rebuilding. Have no doubt that 10s of thousands will... — read more