Each new CEO will cut 20K headcounts.

For those unaware, Intel is involved in many controversies nowadays, especially regarding the firm's business. Initially, Team Blue was struck with a wave of financial issues, and following that, the company's former CEO, Pat Gelsinger, decided to... — read more 

I’ve been trying to find another job for half a year now. It’s been a depressing experience, to say the least. Now I’m hearing from people that things have improved, but I don’t see any difference. It may be subjective. Anyone seeing any improvement... — read more 

This was a scam to sell investors on the technological capability of Intel. 2878 has been in development since 2014. Unless it was demonstrated that these nodes were at manufacturing yields that could make money this was a beautiful PowerPoint slide... — read more 

They at one time paid a salary premium which offset that risk and for non-engineers, the salary is still reasonably good. The company did it's first layoff 3 years after being founded, shedding 30% of the workforce in the early 1970s. It has laid... — read more 

the sector appears to have topped or at least is due for a solid retest and that should put a spike down in Intel given the uncertainty of the current situation. Of course, NVDA, AMD, AVGO, TSM will also be cheaper, and Intel is not likely to... — read more 

https://www.forbes.com/sites/greatspeculations/2024/12/06/sell-nvidia-buy-intel-stock/

Are housing values dropping yet with all the layoffs? Oregon will suffer unless they can replace these jobs.

Does anyone know what’s happened with Greg?

Anyone have any idea if this is true? What is it relative to the current projection? When is it supposed to ship? Another delay and we will be toast. Is there a clear, high confidence, roadmap for the fixes? Are the fixes being urgently addressed at... — read more 

Choose to see the fabs half empty but they are actually half full.

Did everyone register Intel Cobra without issues for 2025? For me 2024 explicitly shows no payment due as Intel subsidiary pays the premium. However, when I was registering for 2025, the Intel subsidiary didn't show up, therefore, all the premium... — read more 

while the rank and file employees get crumbs.

The knives are coming out and that is a sign that shareholders are about to take out the current Board. https://www.fabricatedknowledge.com/p/the-death-of-intel-when-boards-fail

Coincidence?

https://www.reuters.com/technology/intel-names-two-chip-industry-veterans-its-board-amid-ceo-search-2024-12-05/#:~:text=The%20chipmaker%20said%20Eric%20Meurice,have%20previously%20worked%20at%20Intel.

&, I think, 100% correct. Addressed to the appreciative audience of Anderw Sharp. At 50:40: Here is the... — read more 

Is it the usual Blah-rah-rah from the Corporate Propaganda Department or the reality is being acknowledged?

Reality is that the company still has plenty of revenue and just needs to scale the Foundry and Products to better fit the addressable market (not some fantasy market where everyone comes back to Intel). The Product side has gotten back on the... — read more 

Is anyone prepared to step up and take on part of the huge costs of ensuring the US has a position at the forefront of the world’s most advanced manufacturing industry? That question looms large at the end of a week of turmoil at Intel, the world’s... — read more 

And get on with whatever must be done, so we who actually work for a living can finally adjust?

Up 14,282.81%. Best thing happened in my life.

Pat Gelsinger was one of the chip pioneer’s true believers. After his rescue strategy failed, the board lost confidence in him. How does this iconic American company survive? When he was in vocational school, a teenage computer geek named Pat... — read more 

Jim Keller Renee James Elon Musk Lisa Su Jensen Huang Someone ex-TSMC

I think I made a mistake.

Can we now take a look at the folks brought in to execute a failing strategy that forced a CEOs retirement? Sales, HR, Finance, etc.

Is INTC still going to pay out for the 5% salary reduction we took in 2023? Word was that it was still getting paid out after 12/3 closure of market… obviously need time to do the payroll… am I remembering this correctly?

Force RTO - let people quit -good riddance Use monitoring tools already in existence to fire the people sitting in fake meetings, etc. and not working while home Layoff through performance management -around 20k Remove middle management... — read more 

Horrendous 18A delays… Pat out.

Will TD keep hiring or will they freeze their reqs now that Pat is out?

Keep in mind the issue here, by all appearances, is whether to break up the company, plus disagreement about staffing needed to run the existing business Pat (and the loser Foundry manager who recently was 'Retired') was not cost efficient in the... — read more 

Interesting comments from the UBS Technology conference. Pat is gone, and nothing changes.

If ~220 jobs can be performed Hybrid, why are companies sponsoring/supporting/continuing L1 Visas?

I kissed the right arses to get to where I am, but now those folks are all gone 😟

With Pat gone, is Altera going the IPO route still or the board wants full sell off now? Lattice deal might be looking plausible at this point?

Do you think the interim CEOs will dare to initiate layoffs while they're in charge, or have we earned a brief reprieve at least until the search for the new head honcho wraps up?

No sign of her in the recent ACM. Is she bailing out too