Sell sell sell, the stock outlook is $9 by Dec 2024, this mean a default. If you still keep some stocks of intel wishing to recover, sell sell sell before it worth nothing
Now that I'm gone.
Not sure how much longer intel will be able to leave the lights on without me. May be time to evacuate the place.
Intel's setback set back America's drive
https://www.msn.com/en-us/money/markets/intel-s-troubles-set-back-america-s-drive-for-semiconductor-independence/ar-AA1rwvXH?ocid=socialshare&pc=LCTS&cvid=69f74317c9a8441ea0f3303f241bce07&ei=10
Have the bo--s started falling yet?
If it’s October 1st in your geo is ISP going on already?
How Pat destroyed Intel
Even 3.5 years ago, there was a chance to prevent a total collapse that we are now witnessing. Instead of cutting bloat gradually since 21, the clueless CEO hired 35k people. The crazy HR lady and the subservient CFO looked the other way. .. — read more
My last day here
I’m glad I’m leaving this mess. Good luck to the rest of you. Try to pocket other options, at least look around. God knows how this drama will resolve.
Intel Germany
What the he-l is going on in Germany? Is the pause really a pause or does the company continue to fool everyone? Guess the pause is just a f**k you to the government. Also, wth is going with rhat ‚country manager‘ who seems to be in overlying... — read more
Which companies does Intel compete to?
Any chance of success and what percentage ?
When will Intel sell the losing IFS ?
How much that IFS cost? Who are the potential buyers?
Last day for VSP and retirees
Cafes are packed with vsp takers and retirees hanging out and talking about their next jobs, gossips and backstabbing voices. So awful to hear
Even if BoD grows the cojones to fire PG, who else will want to take over?
Intel can't attract any CEO-material exec from outside, worth their salt. We'd have to promote from within. Is there anyone in ELT/ELT-1 y'all think is a capable leader that can turn this around in a crisis?
What should Pat’s verse for today be?
This is the day that the LORD has made let us rejoice and be glad in it
VSP CPM ISP
Does anyone know if intel will offer VSPor CPM during the ISP in October?
Sad days for Intel
Most people are planning to leave as soon as they can. The only ones I know who are planning to stay are those who are within two years of retiring. They also hate it here, but they’re sticking it out until they can retire. It makes no sense to job... — read more
Keep calm and carry on
Intel is climbing out of the bottom already. The future is bright. Just hang in there and do your best at work. There is nothing you can do about what you cannot control, so don't worry about it. Your best bet is to show your skills and work ethics... — read more
I gave up, just here to watch the show
I worry no more about being laid off. I don’t care that it is, to put it mildly, chaotic at work. I do my part without too much investing in it, and I just watch drama unfold. I do feel for people who are afraid for their livelihood. I just can’t do... — read more
ARM offer rebuffed
Oh that must have been a tough pill to swallow. Once a favorite to acquire ARM but now a target for takeover itself. All they could muster is rebuff hoping someone else could save us. But the next 2 years will be dire and these offers will keep... — read more
Green Badge -> Blue Badge, Should I Accept?
I've been a green badge at Intel for awhile now and my department manager told me in confidence that my lead who is also my sponsor is getting fired. That manager would like to hire me on as a blue badge to replace them and has received the OK to... — read more
Another Round before End of Year?
With the massive layoffs happening at other places, slowing industry-wide demand, is another round coming soon?
What pattern do they plan to use for CPMs this time?
grade? OKRs? age?
And now - weeks of elevated panicking
In any other circumstances I would welcome being laid off. But I’ve been looking for another job for half a year now, and nothing. It’s really bad out there. I have dependents and debt, and I can’t afford to be jobless for more than a month or two. I... — read more
It seems the only person who knows how to fix that got CPM’d
Perhaps we can bring them back as a contractor?
A chaotic mess every single day
Intel is a total mess. Every day feels like a disaster with poor decisions, no accountability, and nobody caring - which ends up leading to revenue loss and layoffs. It’s just a downward spiral with no focus, and it's obvious things are on a steady... — read more
Another Retiree Exposes Intel's Toxic Work Culture as 15%+ Layoffs Begin
How many more of these will we see? https://www.reddit.com/r/Layoffs/comments/1fqrrzr/another_retiree_exposes_intels_toxic_work_culture/
Procedure for forced exits?
Will there be a 1:1 scheduled? If yes with who? Or a 2:1 with HR and manager? Or just casually informed by manager? Or badge access blocked at security? Or escorted to makeshift cubicle in cafeteria?
To all the Intel ICs retiring this week
Thanks for your decades of hard work and wish you a happy retirement! You all (well, most of you) were instrumental in keeping Intel going. Your engineering expertise is going to be missed. Hundreds of years of collective technical know-how going... — read more
Would you have taken $200M a year to run a company that has <10% chance of survival?
When Pat took the job, he knew he was taking bold and risky plan not only to catch back up to competition but to build an entirely new business that competes with one of the best companies on the planet... Do you think Pat realized the odds of... — read more
managements make Intel toxic
many people took enhanced retirement or VSP due to toxic management. TD hired managements from outside, they do not know a single bit of TD. For example, ATTD took over management of LTD, people hired from Global Foundry who knows nothing now... — read more
Intel rejects approach from Arm Holdings
Intel has rebuffed an approach from Arm Holdings about buying the US chipmaker’s product division, it was reported on Friday. According to Bloomberg, citing an unnamed person with direct knowledge of the matter, the Wall Street-listed UK firm has... — read more
So, TD losers: October 15th rolls around
You get told your a$$ has been CPM-ISP'd. What do you do for the next month until your last work day?
Next earnings meeting
Last one was dismal. This one could be much worse. VSP and ER would have definitely put a big dent on the balance sheets. Don't believe a word DZ or any ELT says, they know, they neck deep and selling a bridge in brooklyn to the share holders and... — read more
Intel acquisition record
Here’s the full list https://en.m.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Intel#Acquisitions The people running Intel capital wear clown shoes.
TSMC up and running in Arizona
Soon they will have the latest N3 node in production and over time, even get N2 and beyond. There is a remote possibility that China may attack Taiwan, but the likelihood of that is low. So does Intel Foundry really matter?
US may exempt chip giants' billion-dollar fabs from some rules
"so they can sidestep environmental reviews and lawsuits that delay factory construction" What could possibly go wrong? https://www.theregister.com/2024/09/25/chip_fabs_us_power/
Intel’s History of Misjudgment Turns Existential Crisis
Intel has become a victim of its own dilemma – while focusing on personal computers (PC) and data centers during the early days of the twenty-first century, the company missed out on the smartphone rush, followed by another missed opportunity when... — read more
How ISP will be done
Will it be similar to what they show in movies where people coming out of the office floors with cardboard boxes , like it happened irl when LB collapsed in '08