We can forget about initially planned headcount reduction numbers. Intel is now well beyond being able to correct course by simple cost-cutting measures. Accumulated bad decisions and management, apparent lack of oversight and responsibility, all... — read more
Loud Quitting has come to Intel
I read these posts on here about techs taking 8 hours of breaks in a 12 hour shift and I’ve been as WTF as the rest of you but I finally figured it out. It’s loud quitting It’s like quiet quitting but you make sure your boss knows all about it so... — read more
US Finance
What’s the latest rumor mill on targets and % still to come with ISP?
Intel management has BPD
NM site went in a month from “no VSP this site” to “we need to hit ISP targets” That’s classic BPD splitting and it’s a very sick way to do relationships
Senate Hearing
Man, we saw who drew the short straw. The performance was career limiting, for sure, but more importantly, the session validated this once great company is now a complete clown show. Will anyone be fired as a result?
Intel is now third class company and no hope to be first class again.
If you get a job offer from AMD, Nvidia, Apple, Qualcomm, Broadcom, Google, Meta, and Amazon, are you going to stay at Intel? See also who is joining Intel now. I believe 90% will leave Intel even with less money. Now Intel only have third class ... — read more
Intel Has Only Tough Options After Its Long and Stinging Fall From Grace
https://www.bloomberg.com/news/articles/2024-09-11/intel-has-only-bad-options-as-gelsinger-s-spending-plan-falls-short
Exclusive: Altera CEO Says Intel’s IPO Plan For FPGA Unit ‘Has Not Changed’
Altera CEO Sandra Rivera denies a report that Intel is planning to outright sell its programmable chip business. ‘We are executing to the plan, which is not a sale of Altera, but rather it is selling a stake in the business, which has always been the... — read more
Chandler AZ V/ISP numbers?
Anyone know what specifically the chandler plant is looking like for VSP and ISP for engineering? (Not OC Fab, but the CH site) Everyone I know seems to think they are 100% insulated from this layoff at that location…
ISP, who decides?
is the list already made? how does the selection process work?
ISP letters will be issued by end of October
So next is ISP as per email from Naga Chandrasekaran. Chief Global Operations Manager. ISP letters will be issued by end of October.
500k euro package for Irish
https://www.tomshardware.com/tech-industry/intel-offers-irish-employees-voluntary-severance-packages-up-to-500k-euros I hope we can have similar package in US.
The Senator Exposed some really really good points
https://www.youtube.com/watch?v=2G7onHVEEvU Slowly now the congress and senators are exposing the internal dark policies.
4 Wrong CEO Rule
Geoff Colvin of Fortune have said it takes 4 bad or wrong CEOs to wreck a company. From Otellini who brushed off mobile revolution, to BK who squandered process technology leadership, to Swan who missed the AI revolution, guess who is the 4th wrong... — read more
McKinsey: Last Week Tonight with John Oliver
https://www.youtube.com/watch?v=AiOUojVd6xQ
Is anyone going to be held responsible for the state of Intel?
I mean besides the usual suspects, us the lowly workers, that had no hand in any decision-making and management?
when is Intel board meeting in September?
when is Intel board meeting in September?
PDQe 30% CPM, aiming 70% cut at high cost geo
Yet to roll out, but the hearsay is to continue cut high cost geo H/C to fulfil 21% of 30% CPM.
ISP / VSP / ERP / walking away
Anyone taking the legal route for all this? Morale has gone downhill. The whole thing seems rushed/desperate. Not seeing much news on how front line employees are getting the shaft, in a very real sense.
Why would anyone quit now without a new job lined up?
A coworker is so fed up with Intel's bullsh-t that he's thinking about just walking out - no severance, no backup plan. I get it, he's upset, but this is the worst time to make such a move! There are zero jobs available. And with layoffs happening... — read more
LTD layoffs when??
I can't fu--ing bear the wait. When are they announcing the layoffs? When will they announce the reorg?
Year Round Interns
Any orgs know any news about interns whether they are part of these layoffs, interns work year round in my org
Full version of Jeff's hearing
https://www.youtube.com/watch?v=2G7onHVEEvU Sending Jeff there was terrible. Maybe Pat should go there himself to proof our "unquestioned leadership". We should learn from Boeing ex-CEO.
Intel's overpaid PEs/Senior PEs/Fellows
Intel's PEs/Senior PEs/Fellows are the most incompetent and overpaid and doing 2 grades lower work. They can't find any job in other companies and just hang around collecting paychecks. They get $300K+ compensation but just manages people and no... — read more
Chief Trade Officer Jeff Rittener sent to defend Intel on Capital Hill... painful assignment.
This poor fellow had to take one for the team... https://twitter.com/HawleyMO/status/1833626148636328002 ... while Pat Gelsinger got to flex at the State of the Union speech in March... — read more
Intel’s research and development facility at Shannon to close next year
https://www.irishtimes.com/business/work/2024/09/06/intels-research-and-development-facility-at-shannon-to-close-next-year/
Uncle Sam gets cold feet !
https://www.tomshardware.com/tech-industry/intels-chips-act-fund-delayed-by-officials-washington-reportedly-wants-more-information-before-disbursing-billions-of-dollars
Unquestioned Leadership by 2025 ?
https://www.anandtech.com/show/16823/intel-accelerated-offensive-process-roadmap-updates-to-10nm-7nm-4nm-3nm-20a-18a-packaging-foundry-emib-foveros Since 2021 after almost 4 years, Intel developed 4 process nodes. Only Intel 7 has been adapted for... — read more
This is the 6th layoff scare since 2000
I just learned about this CPM thing today because my email is so inundated. I think the CPM was offered to everyone. I'm in the US. I just learned from my manager that the ISP will be announced Oct 15-18. Those selected will be fired Nov 15. My group... — read more
Who remembers when Christoph …
During Q1 ACM arrogantly stood when cruise question was asked and said it’s my own budget to spend. Now employees and investors have a right to ask what is the ROI?
When will Intel employees accept they are responsible for this downfall
Majority of employees I work with don’t do a tap of work and execution across the board is abysmal. Time to own to downfall as employees we all hand a part to play
Ultrabooks as the panecea?
Could work this time round ?
Rejection calls have started for CPM on Ireland site
I’m hearing majority getting denied. What a joke
Intel DOW delist due Friday 13
Stock will crumble to single digits as many pension funds / hedge funds cannot hold non DOW components - this is a very sad day for Intel. PG legacy
ISP is back on cards for the Ireland site
More uncertainity
Exit plan
Alright nuff is nuff. Just sell the whole da-- company to Walmart or Wendy's
Hey Pat Gelsinger
Have you considered resigning? You have done enough damage. Leave man
Intel labs
Any news?
Intel 18A pattern shaping trial did not go great
https://x.com/drfrederickchen/status/1833530916301639813