Pat has lost the confidence of employees, shareholders, owners, analysts. It seems the only people who still have confidence in this clown is the equally inept board of directors.
Sharks are circling
Surprised below hasn’t happened sooner. The board, ceos, and vps/gms have run this company into the ground with ineffective strategic leadership for years. Missed mobile, lost process leadership, terrible acquisitions, and now far behind on AI. It’s... — read more
Sinking cruise ship in the middle of the ocean
https://www.tomshardware.com/tech-industry/intel-marketing-budget-to-be-slashed-by-35-indicates-internal-slide-jobs-and-marketing-programs-under-threat
Want ISP?
What Can I do to make my manager put me on his ISP list beside getting fired?
I volunteered
Can’t be happier. I don’t see any future for Intel. Been here for a while, witnessed all the bad decisions and moves, seen many competent people booted and replaced by cheap workforce abroad - quality just isn’t the same, and most importantly I see... — read more
Pat destroyed intel
Every additional day that he sticks around he does more damage. At what point will the board fire him and the inept bumbling crooks he put on ELT
When will the iSP notifications start
So , voluntarily leaving ends today - how soon you think we’ll start getting let go ? Would love be notified asap , then I can eke it out as long as possible and extract every penny I can !
You are the new Intel CEO
Your top 10 list to fix Intel: Stop all constructions of all new fab's that PG started effective Monday 11/26/2024
Why companies don’t hire Intel employees
Check out the AMD board @OP+1tSvJMPV No one wants infection from the Intel virus.
New CEO is ready
https://techcrunch.com/2024/08/22/boston-dynamics-new-electric-atlas-can-do-push-ups/
VSP Enrollment UX Be Careful
When you enroll in the program, you receive an email with a very brief message: "Thank you for enrolling to apply to exit Intel. This is your confirmation email. You may change your enrollment decision until the window closes on August, 23rd at... — read more
Intel is the latest Fortune 500 giant to test the ‘4 wrong CEOs’ rule.
Elevating a post by @vft+1u7Jlv68. This is a really good article: https://finance.yahoo.com/news/intel-latest-fortune-500-giant-100000114.html I think Intel is on the fifth bad CEO in a row. PG, BS, BK, PO, and CB. All of them made some critical... — read more
Abandoning the Ship: Intel's Leadership Opts for Vacation While Thousands Face the Axe
The decision by Michelle Johnston Holthaus, Executive Vice President and General Manager of the Client Computing Group, to take a sabbatical at this moment of unprecedented crisis within Intel is nothing short of a betrayal to the company and its... — read more
Remember when people wanted to work at Intel?
When getting a job here was a reason for celebration? How did we go from there to this joke of a company? Intel is now hated by the majority of its employees and is often the last on the list for top talent looking for new jobs. Nobody wants to work... — read more
Will 15% layoff be enough?
Imagine you had a business, and you went on a shopping spree and bought all these equipment's hoping customers would come but you then you realized you been an id--t, and you were going broke. Let's then assume you had 100 employees. How much of your... — read more
Anyone remember Pat's inspirational speech about climbing Kilimanjaro?
I would like to take an opportunity to reflect on that .. If I remember correctly (please correct me where I'm wrong) .. he said something to the effect of it will be tough in middle and that we should stick it through till then end. His... — read more
Hey TD Just Remember Your Place!
Intel said the manufacturing unit had $7 billion in operating losses for 2023, a steeper loss than the $5.2 billion in operating losses for 2022. 2024 is on track for $10 billion in losses.
Can Intel go private?
Is there any chance of going private with the current debt, market cap & assets.
Foundry layoff
They are planning a veryyy huge layoff to break even in pnl you heard it first
5 years ago…
Intel was worth more than Nvidia and AMD combined. The value destruction is astounding. It would be hard to fbck up so badly even if you tried. https://www.youtube.com/watch?v=IHf1sAmCk8o&t=629s Intel is and has been run by clowns.
Intel’s last profitable quarter is in the rearview mirror
Yes I know no reason we can’t make profit fabbing chips at TSMC Intel 4, 3, and 20A are all unprofitable by design Intel 18A is supposed to return us to profitability, but on the back of a fab network we’re busy putting on ice. No scale => no... — read more
Poland site paused as well?
Any Intel?
Layoffs in Hillsboro
What is the situation in Hillsboro? Does anybody know how many will be affected?
Intel director Lip-Bu Tan is leaving chipmaker's board, Bloomberg News reports
Hmmm I wonder what he knows and what he didn’t like… is the Titanic ready to sink??
CPO can work remotely
While the rest of us, the cattle class are “encouraged “ to come onsite. I personally don’t mind going to the office. But there’s a big disconnect between executive management and the work force even for matters like RTO. Leading by example was lost... — read more
It's a wonder Intel is still functioning at all
Think about it. Layoffs have gotten rid of a good number of best employees over the past few years. This has caused a continued brain drain as others have been voluntarily leaving at a steady pace. They have been replaced by cheaper workforce - here... — read more
Are they really…?
Are they (management) really in any position to actually deny anyone’s CPM application? I know it’s an “application”… but c’mon, the finances are hanging by a thread. I cannot imagine anyone being told: “yeah, we know you wanna leave, but you know... — read more
We are f-ked
TD people huge clean up is coming
Found another job
At one point last year I realized that I felt like a hostage of Intel. I’ve been so afraid of losing my job that I completely lost perspective on my career, what’s good for me, what's reasonable pay, and on the reality of the situation. I decided to... — read more
Why do we have to make our retirement decision before Intel tells us the future roadmap?
Wouldn't they rather we make informed choices on this?
Why do so many id--ts make wrong decision at Intel?
Are these id--ts taking any college level decision making courses?
New Hires
Are new hires that were hired in past few weeks safe from this round of layoffs. I am assuming managers know that they’re team will need to make cuts if necessary and wouldn’t waste time hiring new employees knowing they have to lay them off very... — read more
You know tech jobs are available in every industry, right?
When people tell me the job market su-ks, I don't know if I should laugh or cry. Widen your search, people, and you'll realize that there are plenty of available jobs. They might not be in the industry you expected, but they are there. And they pay... — read more
BS was a better CEO than PG
Change my mind
What Intel left out of the earnings report
https://youtu.be/UvfT0K9t5zQ?si=wvLH1g5esx9kt0U3