If they don’t make VSP available to everyone the office will be filed with hostages begging to leave. If people decide to walk there won’t be any handoffs. This place is over and anyone who left is lucky.
Free coffee still available
Free coffee is still available in TD. How many thousands of $$$ are we throwing down the drain every month by continuing the free coffee? Why not pay the ELT staff for one extra day with that money?
Did we settle on VSPs counting towards total reduction or not?
Not that it really matters. But human psychology is a wonder. I’m hoping for greater chances for each one of us if VSP takers count. In reality, none of it will make much difference. Given the state of Intel and its uncertain future, I wouldn’t be... — read more
TD layoff
Are you aware of reductions target at TD?
Intel manufacturing business suffers setback as Broadcom tests disappoint
https://www.reuters.com/technology/intel-manufacturing-business-suffers-setback-broadcom-tests-disappoint-sources-2024-09-04/ The tests conducted by Broadcom involved sending silicon wafers - the foot-wide discs on which chips are printed -... — read more
Nvidia DoJ Investigation
https://www.thestreet.com/investing/stocks/nvidia-stock-extends-280-billion-slump-after-doj-probe-report Sounds like Intel of the late 90s under CB... "The DoJ is looking into allegations that Nvidia prevents its customers from easily switching... — read more
Please save costs
The following video could be done with a digital human/avatar, prompt engineering, text to voice, AI-assisted editing software like capcut. https://youtu.be/GW4B0LEA6qs?si=Fe3__Gzk3h5gU-vo That will save at least 1 day of work. It translates to... — read more
Rumors that the VSP and ERP totaled 11k so will they really only cut another 4K with ISP
Or will they still do another full 15% ISP of remaining population … PG did imply minimum was 15% so maybe this way the total involuntary layoff still comes in at what he stated but the reduction is substantially more which would please investors?
We back. INTC to the moon
Lunar lake will smoke AMD.
Layoff headcount number in TD
Any information regarding layoff headcount numbers in TD? Rumors as many people took retirement.
-66% the stock price of Intel (INTC) since Pat Gelsinger became CEO…
Is this destruction of value or what? Gelsinger is turning Intel into Kodak (best case scenario) or Enron. So sad.
Are we in ISP territory yet ?
When do we expect ISP notifications to start ? I can't imagine it waiting till Oct 1st and notices may go out sooner. End date would be Nov 15th either way
Don’t renew 18000 h1b, problem solved
H1b main reason for Intel down fall. Most of h1b in intel are from state university, mediocre h1b don’t have innovative mindset and stuck to dirty politics of gang. Citizen suffer in this layoff, because h1b create gang and will protect each other... — read more
9% down today
where's the bottom?
CPM application emails were sent out
At least here in Oregon.
Took VSP, found another job
I feel like a concrete block fell off my shoulders. New job is decent, and the pay is a little bit better than at Intel. Most importantly, I’m out of all the drama and waiting for ax to swing every-single-day. Vibe at Intel reached the point of being... — read more
Final ERP and VSP numbers
I heard from a reliable source that it is under 5000 people. This means 10000 more people will have to leave via ISP. Does anybody have additional info on this?
Intel Honesty
https://stratechery.com/2024/intel-honesty/ All that noted, my initial response to the meltdown over Intel’s earnings was to defend Gelsinger; what is happening to Intel now is downstream of mistakes that happened years before Gelsinger came back... — read more
Intel needs its employees
I don't understand how the upper management can't figure out that you can't keep cutting people and reducing headcount in every way possible (not backfilling positions lost to attrition, for example) and still expect to remain at the top of your... — read more
CPM Notifications begin
How many of us are getting denied? A lot in my area are
Should CEOs be prosecuted for negligence?
Or given golden parachutes like it has been? I mean if there are no consequences what's there to lose?
Has anyone gotten the decision email about their application?
I was told messages would start as early as Sunday of this week but still haven't received it. (I know all retirement applicants will be approved. Asking about regular voluntary CPM, which may or may not be approved)
Lunar Lake launch
In another universe Tuesday's Lunar Lake launch would be the sort of moment that showcases good engineering and silicon chops. Instead it'll be an inconsequential presentation by two non technical duds to a pile of reviewers and users who don't... — read more
Who's buying TD?
When the split comes, Intel foundry will go under right away because there is literally no cash flow for it to survive. Who's gonna buy TD? Uncle Sam? Sheikhs? Jensen???
FLASHBACK: Pat's pushups at Innovation Day
Nero fiddled. Pat pushup'd Classic 🤦♀️🤦♂️ https://youtu.be/YQoqZPIqZKI?si=MNx9ES2bShCKgKbr
Close/Shut IDC site
It's a BIG expense vs per employee revenue generator. Once it was good but lately IDC takes it for granted they will never be impacted since AIPAC controls USA. They haven't produced any competitive products lately while enjoying permanent... — read more
Last Labor Day
Crazy to think about but this will be the absolute last Labor Day ever for some of us as employed citizens.
Intel stock reaction
I wonder what the market would do with Intel stock if a reorg happened at CEOs level?
One love. Life is short. Live it well
One love folks. It does not do to dwell on a company's fortune or mis fortune forgetting to live. We (Intel) will be alright come what may. Gracias
Intel should shutdown the DEI department
American company to pump brakes on DEI. Intel should follow to save more money.
Pat Gelsinger is burning Intel to the ground…
With 3 years going to almost 4, the state of Intel is very grim. The new node technology is not yielding well, we lack customers, and the current product lineup su-ks. Yes, BK was terrible with his absolute lack of vision and by conjuring ACT, yes BS... — read more
I've got a job offer, should I tell my mgr?
Should I wait for ISP first? If I tell him, would he suggest me to natural resign or cover me to receive an ISP package? When is the ISP nomination process? and finalist notification?
OpenAI plans to build its own AI chips on TSMC's forthcoming 1.6 nm A16 process node
Nobody is going to use Intel. https://www.pcgamer.com/software/ai/openai-plans-to-build-its-own-ai-chips-on-tsmcs-forthcoming-16-nm-a16-process-node/
I’ve been just going through the motions
Ever since Intel reached the threshold of not even resembling a normal workplace anymore. You can feel tension and anxiety rising steadily day after day. Just being surrounded with so much negativity, fear and worry makes coming to work unbearable... — read more
18A debacle, TD Future
Notwithstanding zero customer interest, non competitive PPAC with respect to N3E (which is at mature yields), PG has the gal to say all’s well with 18A. It’s most certainly not! GAA and BSPDN, poor yields, large vt variability, marginal reliability... — read more
Please grill the mid-level managers
They are just attending meetings, enjoying their WFH time, slacking. They are not the contributor by all means, yet they are deciding who to CPM last round. This round, I hope God will punish you!
Low morale, low productivity
Happens to me. This week is w36, it's been bugging me since w31. With all the energy I could have been productive, are diverted to job hunting, worrying, discussing, reading this website twice a day. Can't the process just be a little quicker. You... — read more
Intel ends car leasing program in latest cost-cut
The cuts at Intel Israel continue. The company has informed thousands of its employees that it intends to cancel their vehicle leasing program. This move is part of broader cost-cutting measures aimed at reducing the number of layoffs in Israel... — read more