Three years for uncle Pat to archive 5N4Y lie (just one year short to see the truth). How many more years do you think uncle Tan can survive at Intel to archive the next xNzY lie 2.0 ?
LBT should take notes from Amazon
Amazon to Layoff 14,000 Managers by Early 2025 https://www.bizzbuzz.news/industry/ecommerce//amazon-to-layoff-14000-managers-by-early-2025-1355612
AMD layoffs
We heard it there first ;| https://www.thelayoff.com/t/1jnf5tr5g
Intel’s new CEO stands to reap more than $400 million—but he’ll have to jump over massive hurdles to get it
https://fortune.com/2025/03/18/intel-ceo-lip-bu-tan-pay-compensation-package-turnaround-triple-stock-price/
Intel’s CEO Lip-Bu Tan plans to fire employees to revive the company
https://www.moneycontrol.com/technology/intel-s-ceo-lip-bu-tan-plans-to-fire-employees-to-revive-the-company-article-12967513.html
Would LBT clean up the useless board ?
Would LBT clean up the useless board ?
Goodbye Intel – new CEO Lip Bu Tan will lay off half the workforce to save the company from possible bankruptcy
https://eladelantado.com/news/intel-new-ceo/
Extremely massive, unimaginable layoff coming. More than 30K.
Stocks will go up by another 20 percent EOY
Manager does not show up in meetings and evades 1:1
I moved to this team about 3 years ago hoping to learn new things and advance career, but managed to land the greatest piece of $hit of a manager who does not care at all. This person does not show up in our huddles or meetings or even area level... — read more
Is WIN building or stagnating culture to win at Intel? good bad or indifferent
not trying to cause a battle. we all need to support each other....but can we be all when we draw boundaries? simply asking if we are trying hard enough to focus on uniting around out top jobs to succeed as a company. Ogres and Trolls your... — read more
So we are expecting more aggressive layoffs?
What’s the reason that Tan resigned from the board last year?
Lip Bu Tan needs to bring back Meritocracy and Accountability.
Let me pose this question... if Intel is failing so miserably at IFS and former TMG for years... how can anyone over there be considered successful or better in their performance review?!?! Is there anyone accountable over there?
Intel’s new CEO gets a $1 million salary plus $68 million in bonuses
https://www.tomshardware.com/tech-industry/intels-new-ceo-gets-a-usd1-million-salary-plus-usd68-million-in-bonuses
If the strategy is to keep IDM and try to make it more efficient, the market will expect to see big cost reduction immediately.
I get that the various parts of the company won't get a very high valuation right now, and that reducing headcount and cutting projects and groups can put some lipstick on the pig, but those changes would have to come hard and fast, or the market... — read more
Pat is already sh!t talking LBT
https://x.com/drfrederickchen/status/1900798829991260502 lol! Pat - your strategy DID NOT WORK Time for someone else to give it a try. Don’t let the door hit you on the way out. And yes… you’re wayyyy out.
Intel foundry merging with Global foundry, is it happening ?
https://www.techradar.com/pro/he-l-freezes-pigs-fly-rumor-has-it-that-intel-could-merge-with-amds-former-foundry-in-potential-multi-billion-deal Here it says - "Caulfield would become executive chair of the combined entity, with Michelle Johnston... — read more
What is the current corporation scandal at Intel?
Who knows and can leak it first here?
Intel's new CEO to receive $1 million as base salary
Tan's employment agreement includes a three-year performance target, making him eligible to keep two-thirds of his stock awards if a "change in control" or a significant shift in the ownership takes place within 18 months of his joining. Gelsinger's... — read more
Lip Bu Tan Needs to Require 100% of OKRs to Contribute to Customer Satisfaction or Profitability
In changing Intel's culture, Lip Bu Tan should require 100% of all OKRs to be directly tied to three things. If it's not directly contributing to these three things, it's not an OKR or worth being an OKR. 1) Drive or Contribute to Profitability; 2)... — read more
Hi Middle Management
All Sr. PES, Managers first line and 2nd line, Project and Program Managers, HR, Learning departments - how you feeling right about now ?
No layoffs
There won’t be any layoffs as most of the good talents already left and new CEO won’t risk loosing remaining.
LBT has a question for you
What did you get done this week?
Will free fruit and beverages come back under Tan man?
What will happen to quality of RA cafe food? Will employees be able to fill their bags with free bananas like before?
Lip-Bu has mostly been a VC, and has a Finance background, so like Bob Swan but with Semiconductor experience.
ELT has long understood the need to reduce the complexity of the company, but no one was volunteering to get their group or projects reduced. Enter a CEO with a VC background, picked by a Board which is full of Finance types. Board and ELT... — read more
Intel's new CEO warns employees about 'tough decisions', but Wall Street cheers
Tan, who reportedly stepped down from Intel's board last August because he expected then-CEO Pat Gelsinger to make Intel leaner, **is widely expected to make significant job cuts to reduce... — read more
Next 90 Days
Return to Office 15% Downsizing Project Reductions Foundry Separation Short Hard Milestones
Intel Needs a Shock to the System to Cure the Cancer of Complacency that has Metastasized
The old culture of Intel was dismantled by Andy Bryant and BK... and has continued for the past 13 years. Appointing AB as Chairman of BOD (2012) was the beginning of the end... putting a financially incompetent, non-technical, mumbling, chairman... — read more
I've seen too many times of layoffs
Intel likes to hire way more people than needs. Still remember when I transferred to another role, there are 4 new engineers to take my responsibility. Talking about layoffs - so many times I have been through, yet only working level people fired or... — read more
Don’t blame lazy people
They didn’t do anything. Not to scoff at the wonders of massive payroll deduction but the trouble with nuking the PowerPoint Desk Jockeys is that because they’re doing nothing removing them does nothing RTO might help but that’s not free either I... — read more
Why Lip Bu Tan leading hierarchy of CEO ???
In the Yeary's letter it was mentioned - Michelle will continue to serve as CEO of Intel Products and Dave will return to his full-time role as CFO, both reporting to Lip-Bu. Does this mean there will be new CEO for Intel Foundry ??
For upcoming layoffs, how will the severance packages be?
Will they be as good as the last time?
Culture and Predictions
The only way to fix the culture is for massive layoffs. Everyone who has been at Intel a long time has been conditioned to be "anti-teamwork", that is the culture. This is why the bureaucracies exist, because at one point, an idea won, and now the... — read more
Lisa Su turned AMD around
Lip-Bu Tan will do the same for Intel. I'm more than satisfied with this choice.
Tan Man Immediate Moves to Set teh Tone for 2025..
I'll go first.. and just offer one suggestion at a time. Fire CP the CPO immediately and promote someone from within as replacement... next?
Tan emphasizes a focus on engineering, customer satisfaction, and accountability
https://newsroom.intel.com/corporate/lip-bu-tan-remaking-our-company-future
Let's do 5K + RTO
If he does 5k and forces RTO for even 3 days, I bet that number will go ip yo 10k without having to pay any severance to the other 5k
How many total managers do we have?
Anybody have any idea how many total managers we have? (out of ~100k employees) I know in product side there are way too many managers, I'm not sure if fab is like that also.
INTEL’S NEW CEO LIP-BU TAN SIGNALS SWEEPING LAYOFFS AND FIGHTBACK
https://www.thehrdigest.com/intels-new-ceo-lip-bu-tan-signals-sweeping-layoffs-and-fightback/
Layoffs post earnings next month
I'm guessing huge layoffs will be announced once those dismal Q1 earnings come out next month and Tan sees what's really going on. CS better be ready
Big Layoff will drive up stock even higher
This what the shareholders want. More cost cutting. But please keep our free coffee.