Topics regarding layoffs at Intel Corp.

Topics regarding layoffs at Intel Corp.

Stock headed to single digits

If nothing even slightly improves this Q, we are looking at single digits in stock value. Oh boy. More layoffs and no more severances from now on. Forget about any bonuses or raises for engineering ICs

SK blooms while NEX is doomed

NEX is being spun off due to SK but he continues with Intel with promotion and more package. His AI strategy is just PowerPoint presentation , nothing concrete, no vision , with such great leaders at helm, I don’t see any great future for Intel. His... — read more 

Remember that nothing is certain in this life

“Enjoy prosperity while you can, but when hard times strike, realize that both come from God. Remember that nothing is certain in this life.” ‭‭Ecclesiastes‬ ‭7‬:‭14‬ ‭NLT‬‬

Plan your exit

The company put the statements in the 10Q about potentially stopping process technology development to meet their fiduciary responsibilities to investors. This is a huge statement and needs to be taken seriously by employees. Basically, Intel needs... — read more 

This will bring paronia back into the company

Intel will cancel 14A and following nodes if it can't win a major external customer — move would cede leading-edge nodes to TSMC and Samsung | Tom's Hardware https://share.google/JDhnTTZU9oxFsfK29 There will be real fear about failure

Dropping the ball again...

https://www.tomshardware.com/tech-industry/semiconductors/intel-might-cancel-14a-process-node-development-and-the-following-nodes-if-it-cant-win-a-major-external-customer-move-would-cede-leading-edge-market-to-tsmc-and-samsung

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The great engineer focus company

Ok, now that we got rid of the 15% engineers and around 10k factory workers, we declare we will get rid off another 15% with in this year - this should make us the great engineer focus company that we all loved and wanted to be - god speed people.

But lets keep the EVPs CVPs and rest

With everything happening let's continue to keep the layoff decisions in the hands of the incompetent. Yeah that will fix this gigantic sh-t show. All the Directors, Sr Directors, VPs, CVPs, EVPs, Fellows need to be looked at very closely. This is... — read more 

SERPLUS at risk

What’s the risk for those with big amount of SERPLUS we are going BK. As non qualified you have an unsecured claim on Intel assets!

A Rare Occasion

INTC is tanking after hours. Not even huge, additional layoffs will motivate Wallstreet. What’s next?

10-Q Remarks

Intel, the daddy of Moore's Law, is, for the first time in history, contemplating whether it will continue at the cutting edge. According to its 10-Q: "However, if we are unable to secure a significant external customer and meet critical customer... — read more 

Intel Ireland

Any impacts in Ireland. I left in 2023 and the grass is 'kind of greener' but not that much. It's all mess. Good luck!

14A

https://x.com/_fabknowledge_/status/1948484756674416805

Layoff bleeding another 15k

Nothing is going to stop the bleeding. No rescue. No escape. No jump. Only waiting to be executed or throw out the bus or under the train.

WFH Promises vs Layoff Fears

Saw someone say top performers will still be allowed to WFH. That would be great but the silence from my director on RTO expectations is making me pretty nervous. I'm prepared to relocate if needed. I just don't want to get laid off for not showing... — read more 

What happened to my Intel?

It is painful to watch and realize that my former colleagues who love this company, are suffering. I just left after 28 years. I bleed blue, and it su-ks to watch as Intel eats itself in agony. Stop this madness Please MIGA.. Make Intel Great... — read more 

De-throned

Sad... but good for AMD... they made better choices. https://wccftech.com/amd-ends-intel-decades-long-dominance-in-the-server-cpu-market/amp/

The real reason for RTO

I’ve been reading the RTO complaints for months. All anyone ever says is “why? why? why are we doing it?” No one stops to think: An empty building is a LIABILITY on a financial balance sheet, when assessing the value of a company. A utilized... — read more 

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