Mixed in with the numbers are both a few thousand middle management which will be eliminated, plus what has been described as 10-15 product groups to be eliminated. In both cases some of those affected will be either shifted to other roles or at... — read more
Why LBT focused on culture and not strategy nor layoff #
Simple fact the number of customers on 18A as well as 14A is too small to make IFS financially viable or justify continued investments. LBT is seeking some far more radical things behind the scenes as culture simply and refocused on engineering... — read more
There is no glory or reward for riding Intel down to the bottom
Plan your exit. That could be t-shirt!
https://www.calcalistech.com/ctechnews/article/b1q7ukkkee
Intel wasted billions. Buy high, sell low (pennies on the dollar). Intel gets duped by slick start-up ppt presentations and demos ($ucker like 🇺🇸... — read more
Lists have been made ?
Have lists been made ? It seems unusual that LBT did not mention a % of reductions and across which layers. He did mention they will get it done by June. What can we expect in the next few weeks? Last day has to be June 30th i would imagine for those... — read more
Be Awake news: Giant failing empire is tricking you into buy their useless stocks
Do you want to buy the stock of a failing Titanic or a new speedy torpedo? You don’t need to have a PhD degree to figure out this new trick right? Just dump 20K unlucky people from the failing Titanic into the ocean every quarter to make it sink... — read more
Layoff all first line managers
Layoff all first line managers. No excuses of what and who needed anymore. We don't need this management
Who wants to start RTO with me tomorrow?
I am so excited to finally get some "culture" back into work. To work with coworkers who can't take a joke and only want to prop themselves up for promotion, who barely speak English too. That's fun. Can't wait to put on headphones all day since... — read more
Fire the board, the only hope
I am concerned this just isn't going to work. Let's be real. LBT doesn't have many years left. He doesn't have enough years left to turn around the company. He does have enough time left to run the top talent out of the building. His objectives so... — read more
Can we stop posting cr-p on this website
Humble request to take your rant somewhere else and focus on critical information, also please don’t be next analyst here predicting stock price etc, if you have learned anything about layoff out of what is already know then something we should... — read more
"Tan's resolve to inject vitality into the company"
Looks like he's not going to pull out, drink plenty of fluids.
Just walk TF out
We really need to stage a fu--ing walkout. If not we deserve what it is we get and should just STFU. Starting with the first coward, A-hole to negatively reply to this post.
Christy Pambianchi is gone…
Crying over this loss, NOT. Probably on her way to ruin another company…
Please post here if anyone have received unexpected 1:1s with their managers.
This is a Layoffs website. Let us cut the cr-p and just discuss layoffs Please aslo post the outcome of 1:1
Intel has a 7 years of bad karma for firing Brian Krzanich
When BK was around we were swimming in money. Bring him back!
i keep thinking about that meeting sometimes and certain facts came to mind
• before LBT became CEO, in Q1 MJH said in all company meeting that no headcount reductions are planned for 2025 • they all had very different vibes in Q2 meeting. they even stopped saying CPM, just said layoffs out loud multiple times • that was... — read more
LBT Lost the Locker Room
Since wimpy basketball analogues are the way he apparently communicates: Lip-Bu Tan lost the locker room when he blamed the employee base for Intel’s current state as the reason for RTO, instead of any attempt at articulating a consistent strategy... — read more
I'm seriously thinking it's better to just quit right away
Imagine having to compete for jobs with 20k people at the same time. I'm not planning to walk out with no backup, but I've already started looking for other options. If something even halfway decent shows up, I'm not going to sit around and miss it... — read more
A Plan or Tan
LBT doesn’t have a plan. PG had a 5 nodes in 4 years vision and a strategy for how to get there. PG just underestimated how much leadership skills and engineering had attenuated since he had left. Probably underestimated too how much America had sold... — read more
OHIO Folks getting restless...
No Paywall.. https://norwalkreflector.com/news/568369/will-intel-factories-ever-open/
The Guy Hosting the Earnings Call
He literally sounded like a DJ at a strip club. I kept cringing like I couldn't place it. But his, "Next question is Don Juan from Fidelity" could just have easily been, "Next up is Amber. Amber to the front stage." Not an appropriate fake voice for... — read more
What needs to be done
maybe the rumors are true and they got leaked and there really needs to be a 20% layoff. How do they do it? Get rid of all the middle managers. This alone will gut about 5-7%. Cut out non core groups will yield 3-5% Enforce RTO. It’ll force... — read more
How do the severance packages look this time around
Are they good? 😬
The Zinsner Recession
Hay David, Intel spent decades building chips and infrastructure off shore. That’s on Intel. Don’t confuse Intel’s profit driven nightmare with an actual “American Recession”. Next time stick with your favorite tried and true “Macroeconomic... — read more
What LBT has not spoken about is what comes after x86.
All past and current efforts are focused on keeping x86 profitable, and that is a challenge because of the increasing market share loss to ARM, with RISC-V about to start taking share as well. Add to that whatever is happening in China, because they... — read more
Is Intel an American Company?
Yes…I’m going to say the quiet part out loud. We tuned into the Intel earnings report to see if we should continue ChipsAct funding and found a CEO who barely speaks English. Hard to bet the farm on a company who does so much of its business... — read more
Don't be looking at the share price!
I find this comment very condescending and a bit offensive to be honest. Our T-Comp includes RSUs, the value of which obviously depends on the share price, so of course I'm going to be looking at it. Did I misunderstand the comment?
As Intel Engineer you need hard data
As CEO nope just platitudes
she really said that
MJH said 'make intel great again'
Are you inspired or motivated this morning ?
Phrases like “focus on the customer” or “deliver quality” are hard to disagree with. They’re safe bets that no one will push back on, which helps them maintain a kind of neutral, leadership-friendly tone. Two of the execs sitting today don’t have new... — read more
Getting the "I don't have a plan, but a concept of a plan" feeling at the ACM today
Getting the "I don't have a plan, but a concept of a plan" feeling at the ACM today. Anyone getting that feeling from the ELT?
funny meeting
as i'm listening to these veneer and coffee cups baddies remember that they always announce RTO when they want you to leave on your own :) without any packages good tactic for them actually
Classic all company meeting today.
No information like always. Thanks guys. You had one job.
RTO: Goodbye Hybrid, Goodbye Remote, Now Back to Office
Message is clear! 4 Days in the office. Hybrid workers can say goodbye. Remote workers can say goodbye.
Q2 all hands 8am
All i said is true since I have sources. RTO, 20%, site closures. Run from it, cry about it, changes are inevitable.