Whatever happens, his approach is to shrink the workforce, sell what he can, or institute another reorganization (which is also all about layoffs and selling off assets). That's it. The man is a one-trick pony. How he's able to keep his position as a... — read more 

https://www.reuters.com/technology/intel-ceo-pitch-board-plans-shed-assets-cut-costs-source-says-2024-09-01/ Sesame Street’s Cookie Monster can make business decisions than the ELT / Pastor Pat clowns…

When I graduated school in early 90's, Intel was the place to be. They came in and recruited the majority of my class (I had other plans). I had spoken with several of my classmates later in the decade and they were really enjoying the ride - great... — read more 

No more drinking before, between or during meetings. Probably the hardest transition when you leave Intel.

Any idea post split, with Intel possibly selling of Altera, what would happen to Intel software oneAPI and software AI frameworks, Developer cloud and the teams in Developer cloud. Would those units would be a separate selloff and possibly Nvidia... — read more 

It's official... here we go.. https://www.reuters.com/technology/intel-ceo-pitch-board-plans-shed-assets-cut-costs-source-says-2024-09-01/

Intel's TMG/TD culture is so arrogant that they think their process recipe is holy grail that nobody has and Oregon is the center of the universe. This and the overall Intel's nepot$sm culture of protecting one's own (promotion of... — read more 

Foundry Not even close to break even, it cannot stand alone M&A might be the only chance; government money isn’t unlimited As a result, gargantuan cost reduction/reorg will ensue Product Decoupling from fab will help bottom... — read more 

Intel recovery cannot start with this bozo at the top. Him, and every ELT he hired needs to go

Intel ends car leasing program in latest cost-cut The chip giant’s Israel management is aiming to save around $3.3 million by axing leasing as part of a broader layoff prevention strategy.

Most of the folks responsible for backstabbing me are gone, and I may go back to Intel later this year. Just waiting for few more to get fired. How about you?

Bury INTC six feet under. They 'll be proud of you

There is no stop gap. Even if intel spins off foundry (assuming intel supply agreement). The only volume they would get is commoditized, low volume chips. Intel can never recover margin on the touch pricing in this market. As for design. They... — read more 

You know your culture is in trouble if before employees open their mouths in front of their bosses they ask themselves “will what I say bump me up the line for layoffs or cause the boss to call for night and weekend work?” And if the answer is “yes”... — read more 

However, since this is Intel, which has been treating its employees like cr-p for decades, I'm just sitting back and enjoying the show. Bring on the fail!

https://www.axios.com/2024/08/30/intel-manufacturing-bankers-strategic-options

It's time to face facts folks. No matter how highly you think of yourself and how important your contributions are, you're not safe. Even if your manager is telling you you're safe, you're not safe. They might believe it, but they're not the ones... — read more 

No one wants to talk about it because it would scare the markets, but recession is on it's way in USA. Warren Buffett knows it and selling lots of shares for cash to put into short-term treasury bills. The market keeps going up but when it falls, it... — read more 

Failed on Larrabee, failed with IFS. Thank you for bankupting Intel, Pastor Pat!!

He managed to instill a culture of saying “no” to absolutely any risk taking. Anyone remotely competent to turn this company around in LTD is still paralyzed by this fear. Need to start over.

So, you got accepted for early retirement… and you still have 12 of your 20 vacation days sitting unused for 2024… do you: a) intend to burn through all of them? b) use maybe 1-2 per week during September? c) don’t use any and help fully with... — read more 

I may have missed information about the ERP process. Spoke with boss about the application and understand the SARA will be issued mid-September. But is there an official "your ERP is approved" notice that will be sent before the SARA?

https://www.bloomberg.com/news/articles/2024-08-30/intel-is-said-to-explore-options-to-cope-with-historic-slump

Bloomberg has a breaking story today that at the Sept board meeting they will decide on options to split and sell the company - ISP on track to swoop in then- likely to take out another 15%

I think it runs deeper than we imagine. I’m saying it only because we should be aware that 15k people may just be the beginning. At this point, for different reasons, it’s hard to predict how things will shake up, and anything can happen. Intel may... — read more 

As said above

“Life is short and complicated and nobody knows what to do about it. So don’t do anything about it. Just take it easy, man. Stop worrying so much whether you’ll make it into the finals. Kick back with some friends and some oat soda and whether you... — read more 

https://www.investing.com/news/stock-market-news/intel-considers-splitting-off-foundry-business-scrapping-factory-plans-bloomberg-3594608 Major changes could be coming.

What if the Plan is to bankrupt Intel and then ask for bailout?

Who is John Galt?

Keep out of the hands of TSMC AMD and Nvidia Known to all levels of management from the CEO down to all FLM’s If you ask for it by Friday you get it by Friday And If you ask for it by Thursday you get it by Thursday Take no excuses! Use this... — read more 

He ruined Intel. He absolutely destroyed the very company he claimed to love, but his real legacy is the lives he shattered. Just look at some of your coworkers, peers, and friends—some may never recover and could spiral into addiction. Then there... — read more 

If ELON becomes CEO, he makes foundry profitable only in a few quarters.

Well?

Video from SK mentioned waiting for BoD approvals. To me that says only one thing. Some portion of NEX spinning off or being sold off. Anyone hear any rumours?

Who else got the your site is closing email? Which site?

Word is all sites outside of US vast majority of VSP will be blocked and only ER getting into the life rafts - is this true?

Pat Gelsinger confirmed what most people know in TD, 18A is doing fine. Can the haters who don't know anything about 18A stop posting?