Cafes are packed with vsp takers and retirees hanging out and talking about their next jobs, gossips and backstabbing voices. So awful to hear
Even if BoD grows the cojones to fire PG, who else will want to take over?
Intel can't attract any CEO-material exec from outside, worth their salt. We'd have to promote from within. Is there anyone in ELT/ELT-1 y'all think is a capable leader that can turn this around in a crisis?
What should Pat’s verse for today be?
This is the day that the LORD has made let us rejoice and be glad in it
VSP CPM ISP
Does anyone know if intel will offer VSPor CPM during the ISP in October?
Sad days for Intel
Most people are planning to leave as soon as they can. The only ones I know who are planning to stay are those who are within two years of retiring. They also hate it here, but they’re sticking it out until they can retire. It makes no sense to job... — read more
Keep calm and carry on
Intel is climbing out of the bottom already. The future is bright. Just hang in there and do your best at work. There is nothing you can do about what you cannot control, so don't worry about it. Your best bet is to show your skills and work ethics... — read more
I gave up, just here to watch the show
I worry no more about being laid off. I don’t care that it is, to put it mildly, chaotic at work. I do my part without too much investing in it, and I just watch drama unfold. I do feel for people who are afraid for their livelihood. I just can’t do... — read more
ARM offer rebuffed
Oh that must have been a tough pill to swallow. Once a favorite to acquire ARM but now a target for takeover itself. All they could muster is rebuff hoping someone else could save us. But the next 2 years will be dire and these offers will keep... — read more
Green Badge -> Blue Badge, Should I Accept?
I've been a green badge at Intel for awhile now and my department manager told me in confidence that my lead who is also my sponsor is getting fired. That manager would like to hire me on as a blue badge to replace them and has received the OK to... — read more
Another Round before End of Year?
With the massive layoffs happening at other places, slowing industry-wide demand, is another round coming soon?
What pattern do they plan to use for CPMs this time?
grade? OKRs? age?
And now - weeks of elevated panicking
In any other circumstances I would welcome being laid off. But I’ve been looking for another job for half a year now, and nothing. It’s really bad out there. I have dependents and debt, and I can’t afford to be jobless for more than a month or two. I... — read more
It seems the only person who knows how to fix that got CPM’d
Perhaps we can bring them back as a contractor?
A chaotic mess every single day
Intel is a total mess. Every day feels like a disaster with poor decisions, no accountability, and nobody caring - which ends up leading to revenue loss and layoffs. It’s just a downward spiral with no focus, and it's obvious things are on a steady... — read more
Another Retiree Exposes Intel's Toxic Work Culture as 15%+ Layoffs Begin
How many more of these will we see? https://www.reddit.com/r/Layoffs/comments/1fqrrzr/another_retiree_exposes_intels_toxic_work_culture/
Procedure for forced exits?
Will there be a 1:1 scheduled? If yes with who? Or a 2:1 with HR and manager? Or just casually informed by manager? Or badge access blocked at security? Or escorted to makeshift cubicle in cafeteria?
To all the Intel ICs retiring this week
Thanks for your decades of hard work and wish you a happy retirement! You all (well, most of you) were instrumental in keeping Intel going. Your engineering expertise is going to be missed. Hundreds of years of collective technical know-how going... — read more
Would you have taken $200M a year to run a company that has <10% chance of survival?
When Pat took the job, he knew he was taking bold and risky plan not only to catch back up to competition but to build an entirely new business that competes with one of the best companies on the planet... Do you think Pat realized the odds of... — read more
managements make Intel toxic
many people took enhanced retirement or VSP due to toxic management. TD hired managements from outside, they do not know a single bit of TD. For example, ATTD took over management of LTD, people hired from Global Foundry who knows nothing now... — read more
Intel rejects approach from Arm Holdings
Intel has rebuffed an approach from Arm Holdings about buying the US chipmaker’s product division, it was reported on Friday. According to Bloomberg, citing an unnamed person with direct knowledge of the matter, the Wall Street-listed UK firm has... — read more
So, TD losers: October 15th rolls around
You get told your a$$ has been CPM-ISP'd. What do you do for the next month until your last work day?
Next earnings meeting
Last one was dismal. This one could be much worse. VSP and ER would have definitely put a big dent on the balance sheets. Don't believe a word DZ or any ELT says, they know, they neck deep and selling a bridge in brooklyn to the share holders and... — read more
Intel acquisition record
Here’s the full list https://en.m.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Intel#Acquisitions The people running Intel capital wear clown shoes.
TSMC up and running in Arizona
Soon they will have the latest N3 node in production and over time, even get N2 and beyond. There is a remote possibility that China may attack Taiwan, but the likelihood of that is low. So does Intel Foundry really matter?
US may exempt chip giants' billion-dollar fabs from some rules
"so they can sidestep environmental reviews and lawsuits that delay factory construction" What could possibly go wrong? https://www.theregister.com/2024/09/25/chip_fabs_us_power/
Intel’s History of Misjudgment Turns Existential Crisis
Intel has become a victim of its own dilemma – while focusing on personal computers (PC) and data centers during the early days of the twenty-first century, the company missed out on the smartphone rush, followed by another missed opportunity when... — read more
How ISP will be done
Will it be similar to what they show in movies where people coming out of the office floors with cardboard boxes , like it happened irl when LB collapsed in '08
So 20% headcount reduction in October is still on the table?
Even though no one really knows what will become of Intel? Regarding the ideas that it may have been the plan all along to ruin Intel and sell it off - c’mon guys, that would require the level of competence and strategic thinking I haven’t seen in... — read more
Pat’s VMWare is now Broadcom… Intel soon Qualcomm?!
See the pattern? Anything Pat “leads” is sold off and acquired by other companies… VMWare sold to Broadcom… Intel next? Makes you wonder if that’s been the plan all along…
Intel Veteran Retires After 28 Years: Candid Reflections Amid Looming Layoffs
Read more on Reddit: https://www.reddit.com/r/Layoffs/comments/1fooiqt/intels_toxic_work_culture_exposed_by_retiree_as/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button TL;DR: A 28-year Intel veteran retires... — read more
Xeon 6 with P-cores and Gaudi 3 AI accelerators
Good luck selling that. Here's the deal: Pat saying "We have the goal of offering a lower overall total cost of ownership." is a long fu--ing way from pricing our slower products less than the competition.
If you had $100 billion would you buy Intel?
Put in that perspective everything changes. What would it take to make (Product or Fabrication) survive? Na. Hard pass. Find another fool and his money.
CPM FAQ no longer says that ISP will have the same package as VSP
Small detail but it now has separate info for ISP saying that ISP package details will be given with termination notice.
No way Intel will be sold!!
Such an iconic company with some of amazing technologies in advanced packaging (EMIB, Foveros). I don’t think Intel will be acquired by any other company. They still have much left to contribute to world technology.
Is Intel's layoff package different for older employees?
Does anyone know if Intel offers extra benefits in the severance package for employees over 55 who've been here a while? Is there any additional compensation or perks for older workers when layoffs happen? I'm not in that age group, mind you, I'm... — read more
No way but out for Pat
The board will soon have no option but to fire Pat. People are so distracted by the daily news and gossip that they are losing sight of the next shoe to drop - earnings call on October 24. If Intel misses or even meets the already lowered guidance... — read more
Etrade account was locked after selling all Intel stock
Not able to get my cash out from Etrade account which was locked for weeks after selling all Intel stocks. Anyone else has same issue? Is something big going on between Etrade and Intel?