Topics regarding layoffs at Intel Corp.

Topics regarding layoffs at Intel Corp.

2021 79B, 2022 63B, 2023 < 55B

Do we see a trend here? Also don’t ask about margins…lol. No competitive products until 2025 likely…AMD and Nvidia taking market share in server ….Intel further margin reductions trying to hold on to the client moat, which is drying up. We... — read more 

NVDA to the moon

Joined INTC back in 2018 and been investing them vested RSU amount back in NVDA. Best financial decision ever made.

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| 1000 views | | 1 reply (August 25, 2023)
Post ID: @OP+1oh5haCr

How’s our GPU business? Are we riding the AI bandwagon?

The Circuit article about Aurora supercomputer looks promising. Are we selling our GPU to broader AI companies? Even though we may not be able to compete with Nvidia most advanced GPU, can we compete in lower end markets?

Disappointed from INTC leaders

On every webinar or earnings call they say it’s macro economic conditions impacting the business. Look at NVIDIA. Intel need to accept lost the game and has so much extra headcount which need to reduce.

The End is Nigh.

Prepare yourself, don't be caught off guard. Y our livelihood is tied to Intel's results so, you should do everything you can to understand the IFS strategy and determine yourself if you think it can succeed or not.

Across the board 12% cuts in all departments.

Picking up a new signal. Looks like the real deal. Confirms? Apparently the first round where ancillary projects were cut is coming to close, now time for the full built cuts to bring us in line with re revenues.

Remember when?

PSO talked grandiose about Intel being a 100B revenue company and we were the center of the technology universe? Ah weren’t those the days! Than we passed on Apple, missed on Apple, got BK, Bob and Pat Missed on everything, a long serious of... — read more 

Are we a hybrid first company now?

https://www.livemint.com/companies/intel-jobs-cut-company-reportedly-reduces-work-force-and-shifts-towards-hybrid-first-mode-11692598017946.html

Any chance?

When will manufacturing see a layoff?

The Fall of Intel

https://techovedas.com/the-fall-of-intel-how-an-mba-ceos-short-term-thinking-destroyed-a-semiconductor-giant/

More layoffs announced

We are just announcing ppl that have been in com for few weeks expected to leave End of Month https://www.crn.com/news/components-peripherals/new-intel-layoffs-impact-gpu-and-cloud-software-staff-among-wide-range-of-roles

Time to get real, you guys.

This company started a slow decline over 10 years ago, and then became a slow moving train-wreck after BK's ACTs about 5-7 years ago. And now PG has only accelerated the collapse. Things are not going to get better anytime soon. What are you going to... — read more 

Mr Mayhem has landed

https://www.tomshardware.com/news/intel-to-make-further-workforce-cuts-in-us-report

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| 830 views | | no replies yet
Post ID: @OP+1o9Ir79S

Promo

Anyone has heard of any conversation about Q3 promo that the company was supposed to start ? I wonder what all those folks who were so ecited with that meritocracy is coming back announcement are going through right now and were looking forward to... — read more 

More layoffs expected at intel soon?

First, they need 10B savings in 3 years, and it has been 1 year only. Second, tower deal gone Third, hedge funds dumping the stock badly ( see how stock dropped ) Fourth, losing deals to competition.

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| 1092 views | | 1 reply (August 16, 2023)
Post ID: @OP+1o8ravAb

"Because Intel is a US company."

Intel Wants More Than its Fair Share of CHIPS Act Money https://www.techpowerup.com/312368/intel-wants-more-than-its-fair-share-of-chips-act-money

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