Topics regarding layoffs at Intel Corp.

Topics regarding layoffs at Intel Corp.

The rise and decline of Intel

Intel CEO Pat Gelsinger inherited a troubled company that had lost its edge in manufacturing skills and had ceded to rivals the hugely lucrative markets for chips used in mobile phones and artificial... — read more 

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| 1020 views | | 8 replies (last October 30, 2024)
Post ID: @OP+1vfW0OSH

What is going on with all the press stories about Pat

Two stories from Reuters today. Looks like a campaign to get the board to push out the clown. It is crazy that this inept board needs a full court press campaign to wake them up and get them to do their job. You have one job : Fire the CEO. Hire a... — read more 

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| 1200 views | | 7 replies (last October 30, 2024)
Post ID: @OP+1vf17P9F

Sunk cost fallacy

Get rid of the fabs. Take the loss and write offs. Just focus on design like everyone else and leave the transistor manufacturing to the big boys. Stop the bleeding! You made a bad decision Pat.

by
| 870 views | | 8 replies (last October 30, 2024)
Post ID: @OP+1vfgnpLb

Stock Acceleration Issue

Took package Sept 30, qualified rule of 75. Should have got 1 year stock acceleration but all non-vested RSUs were cancelled in Etrade. Working with Intel to resolve the issue. Anyone else have this issue? On the plus side, they did inform me... — read more 

Q3-2024 - Sadly, bad news ahead

https://www.reuters.com/technology/intel-set-big-drop-quarterly-revenue-chipmaker-struggles-bounce-back-2024-10-29/

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| 1370 views | | 7 replies (last October 30, 2024)
Post ID: @OP+1veqhWgf

Talk about adding insult to injury

Apparently, some of the employees who were laid off in Israel were immediately hired by Nvidia with 33 percent higher salaries. If this doesn't tell you what kind of id--ts run Intel, I don't know what will. We are simply serving our talent to the... — read more 

Christoph gets another team

Not only is he not getting fired it seems he will now lead the public sector team. Just amazing how they take care of each other

TSAF form

Are folks leaving Intel getting the trade secret acknowledgment (TSAF) form signed by manager? It is one of the top items in the leaving Intel checklist on Circuit and is required for rehire to Intel. My manager had no clue of this form and is asking... — read more 

Split or No Split ?!

Which one do you pick ? A former board director who supports the split https://www.tomshardware.com/tech-industry/former-intel-directors-believe-intel-must-split-in-two-to-survive And a former CEO who’s against that... — read more 

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| 840 views | | 6 replies (last October 29, 2024)
Post ID: @OP+1vdAYjOw

Next week

How is next week going to look? What can we expect in regards to more layoffs?

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| 1580 views | | 9 replies (last October 29, 2024)
Post ID: @OP+1vdOTZOB

Anybody having a positive experience with job search?

I’ve been trying for a while. Crickets. Well, not exactly, but a couple of offers that I was presented with were really bad. As in cheap and bad. I’m afraid that offshoring is ki-ling us so much that we can hardly hope for any decent recovery of the... — read more 

Time for Pat to retire

Pat has made several mistakes and accepted publicly which has costed thousands of employees to get CPMed and billions of dollars in loss for the company. Enough is enough, time for him to retire.

Sincerely G10 PE

I know and have raised to my manager that we have G10 Principal Engineers doing paperwork. His response was they earned it. And we wonder why we are in the situation we are. How does one get promoted to a G10 has anyone solved the mystery?

Predictions for Thu Halloween earnings

Meet the scaled back guidance on revenue, but only barely. Miss or barely beat guidance on profit. Could even be an operating loss. Gross margin likely to be VERY low ( Forward guidance will likely be muted, attributed... — read more 

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| 1190 views | | 8 replies (last October 27, 2024)
Post ID: @OP+1vcploDb

Intel CEO set to resign

Leaked email shows Pat Gelsinger is expected to resign as part of the October 31 earnings call no mention of successor at this time.

Taking bets on next week's announcements

Which ones are more likely? Pat steps down 18A and Panther Lake delayed Samsung to "buy" Intel foundry (bankrolled through CHIPS) QCOM to buy out CCG Altera is sold for a few $100M, which Pat quickly pockets to his golden parachute... — read more 

Laid off on maternity leave?

I’m currently on maternity leave and saw my name on an org chart with a new manager, however when I ask questions about it I’m being told I’ll find out when I get back. (Which is this year but after November 15) Wondering if my role is actually a... — read more 

What is going on at Intel. This is very bad PR

Story about new fabs in Ohio withdrawn one day after it appeared: https://www.reuters.com/technology/intel-invest-more-than-28-bln-build-two-chip-factories-ohio-2024-10-25/ Is the CEO in control?

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| 1020 views | | 5 replies (last October 26, 2024)
Post ID: @OP+1vbEv96z

Intel would have to become another company to survive

Complete top would have to go, priorities would have to radically change, investments should have to be made into fields where the company can make breakthroughs and become competitive and sustainable, and it would have to take on instead of losing a... — read more 

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| 630 views | | 3 replies (last October 25, 2024)
Post ID: @OP+1va2Otbf

Two New Chip Factories in Ohio

https://www.tipranks.com/news/the-fly/intel-plans-to-invest-over-28b-to-construction-two-new-chip-factories-in-ohio

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| 830 views | | 6 replies (last October 26, 2024)
Post ID: @OP+1va36Va4

Is Christoph next ?

Can the BoD make a decision to let go of Christoph once and for all?

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| 820 views | | 6 replies (last October 27, 2024)
Post ID: @OP+1vaBDpKg

Next phase in TD under Navid

Now that Ann has been kicked out by BoD and Navid takes the rein, the least he can do is getting rid off Ryan and the D1C cronies that Ryan installed. Else, there’s zero hope for LTD to even exist. Sad to see how Ryan systematically destroyed the... — read more 

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| 1475 views | | 2 replies (last October 25, 2024)
Post ID: @OP+1vaxklzM

"Missed opportunities and poor execution"

How Intel Got Left Behind in the A.I. Chip Bo-m Intel was for decades Silicon Valley’s dominant chip company. But missed opportunities and poor execution left it on the sidelines in tech’s latest gold... — read more 

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| 620 views | | 5 replies (last October 26, 2024)
Post ID: @OP+1vanLRaH

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