I wonder what the market would do with Intel stock if a reorg happened at CEOs level?
One love. Life is short. Live it well
One love folks. It does not do to dwell on a company's fortune or mis fortune forgetting to live. We (Intel) will be alright come what may. Gracias
Intel should shutdown the DEI department
American company to pump brakes on DEI. Intel should follow to save more money.
Pat Gelsinger is burning Intel to the ground…
With 3 years going to almost 4, the state of Intel is very grim. The new node technology is not yielding well, we lack customers, and the current product lineup su-ks. Yes, BK was terrible with his absolute lack of vision and by conjuring ACT, yes BS... — read more
I've got a job offer, should I tell my mgr?
Should I wait for ISP first? If I tell him, would he suggest me to natural resign or cover me to receive an ISP package? When is the ISP nomination process? and finalist notification?
OpenAI plans to build its own AI chips on TSMC's forthcoming 1.6 nm A16 process node
Nobody is going to use Intel. https://www.pcgamer.com/software/ai/openai-plans-to-build-its-own-ai-chips-on-tsmcs-forthcoming-16-nm-a16-process-node/
I’ve been just going through the motions
Ever since Intel reached the threshold of not even resembling a normal workplace anymore. You can feel tension and anxiety rising steadily day after day. Just being surrounded with so much negativity, fear and worry makes coming to work unbearable... — read more
18A debacle, TD Future
Notwithstanding zero customer interest, non competitive PPAC with respect to N3E (which is at mature yields), PG has the gal to say all’s well with 18A. It’s most certainly not! GAA and BSPDN, poor yields, large vt variability, marginal reliability... — read more
Please grill the mid-level managers
They are just attending meetings, enjoying their WFH time, slacking. They are not the contributor by all means, yet they are deciding who to CPM last round. This round, I hope God will punish you!
Low morale, low productivity
Happens to me. This week is w36, it's been bugging me since w31. With all the energy I could have been productive, are diverted to job hunting, worrying, discussing, reading this website twice a day. Can't the process just be a little quicker. You... — read more
Intel ends car leasing program in latest cost-cut
The cuts at Intel Israel continue. The company has informed thousands of its employees that it intends to cancel their vehicle leasing program. This move is part of broader cost-cutting measures aimed at reducing the number of layoffs in Israel... — read more
Is there an original thought in Pat's head?
Whatever happens, his approach is to shrink the workforce, sell what he can, or institute another reorganization (which is also all about layoffs and selling off assets). That's it. The man is a one-trick pony. How he's able to keep his position as a... — read more
Intel buys Altera to ruin Altera and the sell it for a nickel…
https://www.reuters.com/technology/intel-ceo-pitch-board-plans-shed-assets-cut-costs-source-says-2024-09-01/ Sesame Street’s Cookie Monster can make business decisions than the ELT / Pastor Pat clowns…
Such a rise, such a fall
When I graduated school in early 90's, Intel was the place to be. They came in and recruited the majority of my class (I had other plans). I had spoken with several of my classmates later in the decade and they were really enjoying the ride - great... — read more
If you leave Intel you need to be prepared to not drink on job.
No more drinking before, between or during meetings. Probably the hardest transition when you leave Intel.
What would happen to Intel Software and Intel Developer cloud, post split up ?
Any idea post split, with Intel possibly selling of Altera, what would happen to Intel software oneAPI and software AI frameworks, Developer cloud and the teams in Developer cloud. Would those units would be a separate selloff and possibly Nvidia... — read more
Exclusive: Intel CEO to pitch board on plans to shed assets, cut costs, source says
It's official... here we go.. https://www.reuters.com/technology/intel-ceo-pitch-board-plans-shed-assets-cut-costs-source-says-2024-09-01/
TMG/TD thinks they are the center of the Universe
Intel's TMG/TD culture is so arrogant that they think their process recipe is holy grail that nobody has and Oregon is the center of the universe. This and the overall Intel's nepot$sm culture of protecting one's own (promotion of... — read more
Here is what will happen when Intel splits
Foundry Not even close to break even, it cannot stand alone M&A might be the only chance; government money isn’t unlimited As a result, gargantuan cost reduction/reorg will ensue Product Decoupling from fab will help bottom... — read more
When will the crazy pastor be fired
Intel recovery cannot start with this bozo at the top. Him, and every ELT he hired needs to go
Intel ends car leasing program
Intel ends car leasing program in latest cost-cut The chip giant’s Israel management is aiming to save around $3.3 million by axing leasing as part of a broader layoff prevention strategy.
Back to Intel
Most of the folks responsible for backstabbing me are gone, and I may go back to Intel later this year. Just waiting for few more to get fired. How about you?
PG did what PSO, BK and BS failed to do
Bury INTC six feet under. They 'll be proud of you
Downfall only accelerates after this!
There is no stop gap. Even if intel spins off foundry (assuming intel supply agreement). The only volume they would get is commoditized, low volume chips. Intel can never recover margin on the touch pricing in this market. As for design. They... — read more
Employees on the Defensive
You know your culture is in trouble if before employees open their mouths in front of their bosses they ask themselves “will what I say bump me up the line for layoffs or cause the boss to call for night and weekend work?” And if the answer is “yes”... — read more
Usually, it would be sad to watch a company fail in real-time
However, since this is Intel, which has been treating its employees like cr-p for decades, I'm just sitting back and enjoying the show. Bring on the fail!
Intel's ambitious U.S. manufacturing expansion now in question
https://www.axios.com/2024/08/30/intel-manufacturing-bankers-strategic-options
You are not safe
It's time to face facts folks. No matter how highly you think of yourself and how important your contributions are, you're not safe. Even if your manager is telling you you're safe, you're not safe. They might believe it, but they're not the ones... — read more
USA is F'ed - Recession is on it's way as Warren Buffett sells stock for Cash
No one wants to talk about it because it would scare the markets, but recession is on it's way in USA. Warren Buffett knows it and selling lots of shares for cash to put into short-term treasury bills. The market keeps going up but when it falls, it... — read more
Pat’s Strategy Failed
Failed on Larrabee, failed with IFS. Thank you for bankupting Intel, Pastor Pat!!
Sohail is laughing all the way to the bank
He managed to instill a culture of saying “no” to absolutely any risk taking. Anyone remotely competent to turn this company around in LTD is still paralyzed by this fear. Need to start over.
Transition period
So, you got accepted for early retirement… and you still have 12 of your 20 vacation days sitting unused for 2024… do you: a) intend to burn through all of them? b) use maybe 1-2 per week during September? c) don’t use any and help fully with... — read more
Question about Approval and SARA
I may have missed information about the ERP process. Spoke with boss about the application and understand the SARA will be issued mid-September. But is there an official "your ERP is approved" notice that will be sent before the SARA?
Intel Weighs Options Including Foundry Split to Stem Losses
https://www.bloomberg.com/news/articles/2024-08-30/intel-is-said-to-explore-options-to-cope-with-historic-slump
Intel - Split & Sell
Bloomberg has a breaking story today that at the Sept board meeting they will decide on options to split and sell the company - ISP on track to swoop in then- likely to take out another 15%
We are in the full blown crisis
I think it runs deeper than we imagine. I’m saying it only because we should be aware that 15k people may just be the beginning. At this point, for different reasons, it’s hard to predict how things will shake up, and anything can happen. Intel may... — read more
Fire Pat and stock jumps 30%
As said above
Drop the corporate chains man! Let me introduce you to Dudeism
“Life is short and complicated and nobody knows what to do about it. So don’t do anything about it. Just take it easy, man. Stop worrying so much whether you’ll make it into the finals. Kick back with some friends and some oat soda and whether you... — read more