The company is dying. There was a highly anticipated BoD meeting. Even the press was talking about the board meeting. Instead of reporting on it to employees with a balanced demeanor, he says how everything is going great, how the board supports him... — read more
Admit it, you used to worship Pat's vision.
5Y4N IDM2.0 IFS Fab and factory expansions
Intel is essential to US national security
Now go ahead and bet against Intel. You will go broke. Intel stock will be back to the $60's not later than Q12025.
Mikitary to the rescue!
https://www.bloomberg.com/news/articles/2024-09-13/intel-solidifies-3-5-billion-deal-to-make-chips-for-us-military
This site is heavily audited. Anything meaningful is deleted.
I am positive they are funded by Intel. Waste of time posting here. I am checking out and will never post here again.
Cost saving ideas if you were the CEO
Cut down non-business-critical software team No luxurious ERP CPM packages Remote people come back to lab to work on themselves, not hiring CW Salary reduction Major reorg Reduce 3rd party service on too many non-critical items
Join the party to get free banana and coffee back
https://www.cnn.com/2024/09/13/business/strike-boeing-vote-iam-751-hnk-intl/index.html
SMG Jason out
https://www.crn.com/news/components-peripherals/2024/intel-channel-stalwart-jason-kimrey-is-leaving-beleaguered-chipmaker
So what decisions did the Board make?
Is Pastor Pat in the clear now??
FMSC Naga Weekly mail
What did FMSC people think of Naga's first weekly mail, I though it was a breath of fresh air on transparency and accountability, long may it continue
U.S. Govt pushes Nvidia and Apple to use Intel's foundries
During a meeting with U.S. Department of Commerce Secretary Gina Raimondo, Intel CEO Pat Gelsinger expressed frustration with America’s reliance on TSMC to produce advanced chips. After this, Raimondo (via CNBC) went on private meetings with some... — read more
BOD Support "Unwavering"
Pat's Friday video mentioned the BOD is "unwavered" to Intel and Pat as the CEO...concerning they are still blind to the noise and stock price since Pat took over!!!! Senator Hawley needs to dangle CHIPS $ to clean house
The culture needs to change
People do not openly share information and communicate honestly about the architecture, design, testing, coding, etc. Hoarding knowledge is never good for the company. If everyone was to come together and work as if this was their own company, Intel... — read more
I guess we'll be firing here and hiring in Poland soon
Poland's Intel plant gets EU green light for $1.9 bln in state support The European Commission has given Poland a green light to support an Intel (INTC.O), opens new tab chip plant with more than 7.4 billion zlotys ($1.91 billion) in state aid... — read more
Feeling overwhelmed at Intel
I feel like I'm drowning with the workload constantly piling up, trying to support everyone. Management doesn't seem to care at all. I want to leave, but finding another job isn’t easy, especially when I know several people who got laid off and are... — read more
Ann K leaving?
Is that rumor true? Man now what - who could possibly take that job if we're still standing? Any news from special BOD this week?
Best way to cheer up an Intel employee during these tough times
Tell em this was just a bad dream and there are no layoffs
SATG and IT
I've been in SATG for over 2 years and man o man. The directors and managers and the Principal Engineers are so freaking hollow. Too many words for too little sense
Ideas to get revenue up
Premium parking? Speeding and parking tickets? Quarter slot for ping-pong? Rent of space in the lab or a cube for hybrid folks? Quarter slot for opening the door? Treat teams meetings like AT&T long distance of old... Prepaid minutes? Office supply... — read more
Special thanks to intel for …
Special thanks to intel for Paying me below average than entry level with 6 years of experience Data source indeed The average salary for a software engineer in California varies by years of experience, and can also depend on location, company... — read more
Today On Bloomberg They Said Intel Will be NO MORE!!
That right...they are calling the total sell off of Intel Corporation. Bloomberg today Oregon Time 11:30am. They did cite that it was due to decisions BEFORE PAT.
Pool tables removed
Get back to work!
Skills Matrix, who has done it?
Put your org/BU/team please! Trying to gauge which ones have done it, which ones haven't, and which ones arent... IFS, nothing yet. Even 3rd LM doesn't have direction yet from HR.
Ireland site will they now take an extra 15% ISP?
What’s going on , I thought VSP was over - why the ISP now?? FFS
Do nothing board has decided to do nothing
After a 3 day marathon session, board has arrived at a major decision: Nothing. that’s right, just like the show Seinfeld was about nothing, the board strategy is now “do nothing”.
Tons of HR folks have VSP’d - who’s gonna turn off the lights ?
So - hearing from well placed sources that as they are working through the VSP/ERP process there are loads of HR folks , at all levels that are leaving - that’s says it all - they need to people upside , just more pain and more layoffs - this isn’t... — read more
We are in the land of uncertainty now
We can forget about initially planned headcount reduction numbers. Intel is now well beyond being able to correct course by simple cost-cutting measures. Accumulated bad decisions and management, apparent lack of oversight and responsibility, all... — read more
Loud Quitting has come to Intel
I read these posts on here about techs taking 8 hours of breaks in a 12 hour shift and I’ve been as WTF as the rest of you but I finally figured it out. It’s loud quitting It’s like quiet quitting but you make sure your boss knows all about it so... — read more
US Finance
What’s the latest rumor mill on targets and % still to come with ISP?
Intel management has BPD
NM site went in a month from “no VSP this site” to “we need to hit ISP targets” That’s classic BPD splitting and it’s a very sick way to do relationships
Senate Hearing
Man, we saw who drew the short straw. The performance was career limiting, for sure, but more importantly, the session validated this once great company is now a complete clown show. Will anyone be fired as a result?
Intel is now third class company and no hope to be first class again.
If you get a job offer from AMD, Nvidia, Apple, Qualcomm, Broadcom, Google, Meta, and Amazon, are you going to stay at Intel? See also who is joining Intel now. I believe 90% will leave Intel even with less money. Now Intel only have third class ... — read more
Intel Has Only Tough Options After Its Long and Stinging Fall From Grace
https://www.bloomberg.com/news/articles/2024-09-11/intel-has-only-bad-options-as-gelsinger-s-spending-plan-falls-short
Exclusive: Altera CEO Says Intel’s IPO Plan For FPGA Unit ‘Has Not Changed’
Altera CEO Sandra Rivera denies a report that Intel is planning to outright sell its programmable chip business. ‘We are executing to the plan, which is not a sale of Altera, but rather it is selling a stake in the business, which has always been the... — read more
Chandler AZ V/ISP numbers?
Anyone know what specifically the chandler plant is looking like for VSP and ISP for engineering? (Not OC Fab, but the CH site) Everyone I know seems to think they are 100% insulated from this layoff at that location…