In other words, investors shouldn't expect Intel's turnaround efforts to bear fruit anytime soon. But can the chipmaker's new CEO, Lip-Bu Tan, fix its ailing business and strike back against Advanced Micro Devices (AMD -0.77%) in the x86 CPU... — read more 

We all know there are plenty of people at Intel we could lose without anyone even noticing. People who got here and survived every layoff through nepotism or cronyism, managers with barely any direct reports who hardly do anything, and those who... — read more 

People who look at the Board and think they are clueless and have no strategy might consider that there is a strategy and they are executing it right now by bringing on a venture capitalist as CEO. I'd agree that the Board has done miserably if the... — read more 

Jensen Huang famously stated once that he never had any grand ambitions for Nvidia as a business except for making sure that they would stay solvent for the next 3 months. Lisa Su took over AMD, spun off GF and now its a thriving x86 CPU... — read more 

you know .. most of which were promoted up to G10 and above for the sake of DEI statistics..

Let’s go on strike and show the shareholders that we deserve better. I mean all 5 out of every hundred of us that do work that is. The rest of of you FLMs and bloated VPs and corporate chatterboxes have it way too good to even consider striking. Your... — read more 

Intel Israel Headcount (as an engineering site) 2020 – 13,950 2021 – 14,000 2022 – 12,000 2023 – 11,700 2024 – 11,700 2025 – 9,350 2025 (projected after a 20 % cut) – ≈ 7,500 engineers (That 20 % haircut means roughly 1,800 more engineers will be... — read more 

Mixed in with the numbers are both a few thousand middle management which will be eliminated, plus what has been described as 10-15 product groups to be eliminated. In both cases some of those affected will be either shifted to other roles or at... — read more 

Simple fact the number of customers on 18A as well as 14A is too small to make IFS financially viable or justify continued investments. LBT is seeking some far more radical things behind the scenes as culture simply and refocused on engineering... — read more 

Plan your exit. That could be t-shirt!

Intel wasted billions. Buy high, sell low (pennies on the dollar). Intel gets duped by slick start-up ppt presentations and demos ($ucker like 🇺🇸... — read more 

Have lists been made ? It seems unusual that LBT did not mention a % of reductions and across which layers. He did mention they will get it done by June. What can we expect in the next few weeks? Last day has to be June 30th i would imagine for those... — read more 

Do you want to buy the stock of a failing Titanic or a new speedy torpedo? You don’t need to have a PhD degree to figure out this new trick right? Just dump 20K unlucky people from the failing Titanic into the ocean every quarter to make it sink... — read more 

Layoff all first line managers. No excuses of what and who needed anymore. We don't need this management

I am so excited to finally get some "culture" back into work. To work with coworkers who can't take a joke and only want to prop themselves up for promotion, who barely speak English too. That's fun. Can't wait to put on headphones all day since... — read more 

I am concerned this just isn't going to work. Let's be real. LBT doesn't have many years left. He doesn't have enough years left to turn around the company. He does have enough time left to run the top talent out of the building. His objectives so... — read more 

Humble request to take your rant somewhere else and focus on critical information, also please don’t be next analyst here predicting stock price etc, if you have learned anything about layoff out of what is already know then something we should... — read more 

Looks like he's not going to pull out, drink plenty of fluids.

We really need to stage a fu--ing walkout. If not we deserve what it is we get and should just STFU. Starting with the first coward, A-hole to negatively reply to this post.

Crying over this loss, NOT. Probably on her way to ruin another company…

This is a Layoffs website. Let us cut the cr-p and just discuss layoffs Please aslo post the outcome of 1:1

When BK was around we were swimming in money. Bring him back!

• before LBT became CEO, in Q1 MJH said in all company meeting that no headcount reductions are planned for 2025 • they all had very different vibes in Q2 meeting. they even stopped saying CPM, just said layoffs out loud multiple times • that was... — read more 

Since wimpy basketball analogues are the way he apparently communicates: Lip-Bu Tan lost the locker room when he blamed the employee base for Intel’s current state as the reason for RTO, instead of any attempt at articulating a consistent strategy... — read more 

Imagine having to compete for jobs with 20k people at the same time. I'm not planning to walk out with no backup, but I've already started looking for other options. If something even halfway decent shows up, I'm not going to sit around and miss it... — read more 

LBT doesn’t have a plan. PG had a 5 nodes in 4 years vision and a strategy for how to get there. PG just underestimated how much leadership skills and engineering had attenuated since he had left. Probably underestimated too how much America had sold... — read more 

No Paywall.. https://norwalkreflector.com/news/568369/will-intel-factories-ever-open/

He literally sounded like a DJ at a strip club. I kept cringing like I couldn't place it. But his, "Next question is Don Juan from Fidelity" could just have easily been, "Next up is Amber. Amber to the front stage." Not an appropriate fake voice for... — read more 

maybe the rumors are true and they got leaked and there really needs to be a 20% layoff. How do they do it? Get rid of all the middle managers. This alone will gut about 5-7%. Cut out non core groups will yield 3-5% Enforce RTO. It’ll force... — read more 

Are they good? 😬

Hay David, Intel spent decades building chips and infrastructure off shore. That’s on Intel. Don’t confuse Intel’s profit driven nightmare with an actual “American Recession”. Next time stick with your favorite tried and true “Macroeconomic... — read more 

All past and current efforts are focused on keeping x86 profitable, and that is a challenge because of the increasing market share loss to ARM, with RISC-V about to start taking share as well. Add to that whatever is happening in China, because they... — read more 

Yes…I’m going to say the quiet part out loud. We tuned into the Intel earnings report to see if we should continue ChipsAct funding and found a CEO who barely speaks English. Hard to bet the farm on a company who does so much of its business... — read more 

I find this comment very condescending and a bit offensive to be honest. Our T-Comp includes RSUs, the value of which obviously depends on the share price, so of course I'm going to be looking at it. Did I misunderstand the comment?

As CEO nope just platitudes

MJH said 'make intel great again'

Phrases like “focus on the customer” or “deliver quality” are hard to disagree with. They’re safe bets that no one will push back on, which helps them maintain a kind of neutral, leadership-friendly tone. Two of the execs sitting today don’t have new... — read more