I bet some of the money will find it way to Intel foundry. I won't be surprised if Softbank taking 49% minority stake in Intel foundry business. https://www.cnn.com/2024/12/16/politics/donald-trump-softbank/index.html
No training, no PMs, no safety standards
Somebody gonna die
TSMC Helps Intel to Fab Chips
https://www.cnbc.com/2024/12/13/inside-tsmcs-new-chip-fab-where-apple-will-make-chips-in-the-us-.html “We meet with [Intel] weekly and the feedback is we’re helping them increase their ranks,” Cassidy said. “We’re helping them train on the most... — read more
Christmas bonus ! What did you get ?
PE Fab34 Ireland - 250 Euro on recognition card. No hamper this year :(
Intel stock. When others go up, it goes down
Intel stock. When others go up, it goes down Then, when it's time for Intel stock to bounce, the whole market goes down...
Is this real? Who at Intel is enabling such fraud?
https://www.afr.com/work-and-careers/workplace/anu-boss-should-repay-1-1m-salary-while-double-dipping-with-intel-20241215-p5kyif
Intel's doom
Due to: Nepot$sm, favor$tsm by $nd$ans in hiring, laying off, rewarding etc. Oregon/IDC arrogance. Silo mentality, horrible IP teams. Too many PEs/Senior PEs/Fellows doing GR8/9 work especiallyin NEX. They take credit of lower grade... — read more
And now, we have Express Scripts making changes
Now requiring to use their online discussion forum to get meds paid for - expensive ones at that. I shoulda left. Those of you who got out are the lucky ones.
I'm still here only to bridge the gap to the next job
I don’t care about Intel anymore. Who would spend another year or more not only worrying about their job but about the future of a company too? I can’t stand the daily exposure to hopelessness, the elevated anxiety among my teammates, people worrying... — read more
It's time to brag...
Please post the dollar amount you received on the way out after taxes! Now keep in mind we still have that f_ucking than_k yo_u bonus, and annu_al poor perf_ormancr bon_us, don't forget about that sh_it
Less is More, Lesson to Learn from Amazon
Amazon and the endangered future of the middle manager https://www.cnbc.com/2024/12/15/amazon-and-the-endangered-future-of-the-middle-manager.html?__source=androidappshare
Any thoughts on LP, MR, AS, ST/MT?
Any thoughts on LP, MR, AS, ST/MT?
really dense and covers many topics, but lots of inside info for anyone who wants to understand how Intel got here
https://news.ycombinator.com/item?id=42361955 I'd suggest skipping past the long stream about how ETFs work, although it does touch on how in the world the Intel Board has remained in place while driving the company into the dirt.
Insights Self-Assessment
How many of you made sure to complete your insights self assessment on the way out? If you did take great care to complete the task, would you mind copying and pasting what you wrote verbatim here? Why is insights self assessment posted on... — read more
I took ERP. Should I work again
I took ERP. I have not worked for 2.5 months since. My net worth is 6.25M. I don’t have to work but I am getting bored. Intel job had been easy. I wonder if I work again with other companies, do I have to work 2x harder, like doing night time... — read more
18A Panther Lake Powered On
https://www.tomshardware.com/pc-components/cpus/intel-panther-lake-samples-with-flagship-18a-node-have-been-powered-on-at-eight-customers-co-ceos-dispel-rumors-regarding-poor-silicon-health
What is Intel's core competency?
Strategic identification of new markets (NO) Design Innovation (NO) Technology lead (NO) Quality/Reliability (NO) Low cost (NO) Proven Leadership (NO) Just exactly what s the competitive advantage of this company?
Got a decent offer after months of job search
Is the job market finally looking up?
Intel's Moonshot Failed.
I can't believe the media hastened picked up on that Pat Gelsinger turn-around slogan yet.
Greg lavender top 5 CTO
Reported in technology magazine. Is this a joke?
Now that Pat is gone
Will they lay off people decently or just ACT style?
Thank You RSU Payout
Has anyone who was CPMd received this payout? Wonder if we'll actually still receive it.
Excerpts re Co-CEO Presentation at Barclays Technology Conference
"Intel's stock is up 3.1% after co-CEOs Michelle Johnston Holthaus and David Zinsner presented at the Barclay's Global Technology Conference, providing insight into the company's future direction. They announced plans to separate the foundry business... — read more
What's happening in software?
Interesting that LP is now chartered with software. What is going to happen to the teams that ran software for various operating systems? A merge?
CPM Cobra question
I took ER and received 18 months Cobra paid. Just got a job offer from another company. Can I keep my Cobra going or have to switch to the new company's medical? Better to stay on free Cobra if I can.
two people
David Zinsner with Michelle H. investor conference as co-CEOs David" "But I think you're going to find us and this is kind of a characteristic of Michelle and I. We are a little bit more on a say-do basis. We're more likely to tell you things as... — read more
It's been stated before but worth repeating. The loss of the x86 competitive moat means IDM2.0 is not the way forward.
RISC, whether ARM or RISC-V, requires less silicon to achieve the same computational power as x86. x86 had a moat until Foundry fell behind TSMC in node development. Due to the difference in efficiency, x86 HAD to be about 2 nodes ahead of what was... — read more
People are leaving in droves
Whoever had any other option left already. There’s been smaller batches of people being laid off all the time. Most people are in the process of looking for something else. My team has been reduced to bare bones, and there’s no plan to fill in roles... — read more
Stock catching a nice bounce along with AMD
Expect to see more volatility as it tests the previous low at $18.51. To get below there seems to need either a material worsening of the business or a market/sector retest. I think ELT is now doing everything they can to hold down cost, including... — read more
Intel husband and wife team better plan
Are you boys and girls who have husbands and wives that work together here at Intel working on some sort of Plan B because you’re about to go to a zero dollar income.
This is becoming so tiring
Can we go back to the time when our work was our top priority, instead of constantly worrying about everything happening at Intel that could threaten our jobs? From poor results to layoffs, CEO issues, and countless other challenges, I’m finding it... — read more
If 18A was not the issue, why Pat was ousted
ELT are still adamant of no change in roadmap to foundry business or 18A node. Not really sure why Pat was shown the door if everything's fine.
Intel living and dying by Moore's law
It has not been long since Gordon Moore has passed. But for a few years before that, it was obvious that Moore's law, as it was understood inside Intel, is dying. For Intel, Moore's was only about silicon and pushing for circuits with smaller and... — read more
Inside Intel by Tim Jackson
If you have not read this 1997 book, you should. Andy Grove does not necessarily look so good, however.
Unannounced layoffs still continue
Watch out for mid January to hear about people leaving Intel who have been notified this month.
S&P Global downgrades Intel's credit rating on slow recovery, management changes
https://www.reuters.com/technology/sp-global-downgrades-intels-credit-rating-slow-recovery-management-changes-2024-12-10/
Confidence in Intel has been plummeting
That’s what happens when you let systemic problems fester for years and months. There should have been many hard and far-reaching decisions and actions made long ago. I’m afraid it’s too late now.
Urgent meeting called this weekend!
Dave, Michelle and Christy all flying in for an urgent weekend meeting with the board. Maybe some big news on Monday?