Topics regarding layoffs at Intel Corp.

Topics regarding layoffs at Intel Corp.

Intel was a solid three-legged stool

Standing on x86 monopoly, high volume, and high gross margin. Now with the rise of ARM and AMD, the upcoming recession, and higher cost, it'll be very hard to keep the facade intact. When BK ACTed in 2016, the gross margin was 62%. They just... — read more 

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| 1940 views | | 3 replies (last January 28, 2023)
Post ID: @OP+1kTkeS4o

I was in tears

PG essentially told the world we'd rather fire our chairman of the board then let go of any precious DEI employees. Down with the filthy capitalist!

Layoffs - A matter of survival now for all groups

Any group which resists layoffs now will be soon like the Memory group of 80s. Don’t know if Intel can spin up a product line to again dominate the market like x86 cpus did but if group leaders of their current products don’t cut costs heavily and... — read more 

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| 2620 views | | 6 replies (last January 28, 2023)
Post ID: @OP+1kTDW7qt

Wall Street comments

Some Intel analyst report titles today: ROSENBLATT: “Historic collapse. Nowhere to Hide” UBS: “The Kn--e Continues to Fall” STIFEL: “Even Darker Before the Dawn” BERNSTEIN: “When You Punch Yourself in the Face”

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| 1920 views | | 7 replies (last January 28, 2023)
Post ID: @OP+1kTtw35i

Why the bring back posts?

Why are there so many posts on who should be brought back to fix the situation? Your future is not in the past, period. You need a new strong leader who will break down the grade 10-14 people who can't see the future and won't go away on their own... — read more 

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| 1293 views | | 4 replies (last January 27, 2023)
Post ID: @OP+1kTxk2t1

FUBAR as FUBAR can be!!!

Wow oh wow is it now apparent that IDM and IFS is a failed strategy ? Yeah the economy is going south, yeah chips went from a shortage to a surplus. But Intel will be back! Yeah right, LOL or crying for Intel and sad for America that the CEO is... — read more 

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| 1750 views | | 6 replies (last January 28, 2023)
Post ID: @OP+1kThBWPT

PG if you are reading this…

You need to get your sh-t together! If Investors can vote to fire all your useless managers we would probably do! You are hurting us for past 2 years failing to recover the company where it should be. You need to make a tough and right decisions and... — read more 

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| 1790 views | | 5 replies (last January 31, 2024)
Post ID: @OP+1kTOCBoT

Intel needs to hire decision makers very quickly

Intel needs fearless decision makers to put products out. Their hiring team is a piece of cr-p. I left TMG after a rule of 75 retirement several years ago. Made major impactful changes elsewhere and I am still employed in the silicon valley. I... — read more 

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| 1630 views | | 2 replies (last January 28, 2023)
Post ID: @OP+1kTLeuW5

Bring Back JK

Oh man .. losing JK was a big loss. Pat, please bring him back. Even at double salary. Thats a cost that will have big ROI. Beg him to come back. We need technical stalwarts in this company. BK screwed the company.

No layoff is bad news for Intel

With the morbid Q performance, carrying current headcount with minor redeployments that stay under the radar, Intel is trying to swim with heavy bricks tied to their feet. I can understand reluctance to come out with a large number of layoffs would... — read more 

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| 1593 views | | 1 reply (January 27, 2023)
Post ID: @OP+1kTLneiE

What's next ?

more layoffs ? INTC files bankruptcy? PG steps down? Design and manufacturing separated

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| 1940 views | | 7 replies (last January 27, 2023)
Post ID: @OP+1kT1l5VP

Huh ! Feel Exhausted

I work so hard. Believe me. I do. Doing everything that I can do every single day to put together a really hard day of work each and every day I am not sure what else I can do in my power, but this is getting exhausting. I am wondering why I am... — read more 

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| 2000 views | | 7 replies (last January 27, 2023)
Post ID: @OP+1kS0rBhB

Here are the financial results

Fourth-quarter revenue was $14.0 billion, down 32 percent year-over-year (YoY) and down 28 percent YoY on a non-GAAP basis. Full-year revenue was $63.1 billion, down 20 percent YoY and down 16 percent YoY on a non-GAAP basis. ▪ Fourth-quarter... — read more 

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| 2040 views | | 9 replies (last January 27, 2023)
Post ID: @OP+1kSvYHQh

Are more cuts inevitable?

Industry-wide push for job cuts makes me worried. Some think that Intel can't afford not to have another round.

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| 2024 views | | 2 replies (last January 28, 2023)
Post ID: @OP+1kRVYoN0

ATTD

Anyone here know what happened to ATTD chandler folks during 2016 layoff?

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| 1840 views | | 4 replies (last January 27, 2023)
Post ID: @OP+1kRRiCwG

What is next for the BoD

https://www.intel.com/content/www/us/en/newsroom/news/board-directors-jan-2023.html I guess we need a bean counter to watch Pat spend all government money. Is there anyone with expertise on the BoD to watch the fox in the hen houses. We had Andy... — read more 

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| 1090 views | | 1 reply (January 26, 2023)
Post ID: @OP+1kRbu20f

Do you agree …?

As an investor or employee do you agree 3B in cost reduction for 2023 is not enough and it needs to be higher? Maybe around 6-7Billion Investors like to see higher margin and cash flow

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| 900 views | | 1 reply (January 25, 2023)
Post ID: @OP+1kRbXd8R

Pat is the third highest paid CEO

$178M. He’s driving the company into a ditch. Now with a random chairman of the board, it seems his position is solidified. What a shame. This person is batshit crazy

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| 1480 views | | 7 replies (last January 26, 2023)
Post ID: @OP+1kQflHay

Not a good time for tech

Some say that the market is not as bad as we think it is and many were able to find jobs within a time frame of three months. And yes, I know several people who found new jobs very quickly, albeit outside of this industry. I got the impression that... — read more 

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| 1390 views | | 3 replies (last January 26, 2023)
Post ID: @OP+1kQcPozr

Quiet quitters

A few months ago, everybody was talking about quiet quitting. Suddenly, nobody is even mentioning it. I wonder if those who were so proud to proclaim they were giving it their minimum realized that that might not be the best way to go if they wanted... — read more 

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| 1800 views | | 7 replies (last January 24, 2023)
Post ID: @OP+1kQb6ASp

The future is bright can Pat be far behind ?

https://www.bloomberg.com/press-releases/2023-01-23/intel-board-of-directors-appoints-frank-d-yeary-as-new-independent-chair?utm_source=website&utm_medium=share&utm_campaign=mobile_web_share

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| 831 views | | no replies yet
Post ID: @OP+1kQ3v7Oc

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