Disband TD/CPU/IFS/NEX teams. Shore-up GPU, AI.
Layoff 50% of PEs, Senior PEs, Fellows, Senior Fellows making $500K+/yr and doing grade8/9 work.
Layoff total 25K+ and bring revenue per employee to $750K.
18 replies (most recent on top)
Remember he has a venture capital background too.
https://www.quora.com/If-a-company-is-acquired-by-a-venture-capitalist-how-do-the-lives-of-the-employees-change-Do-they-have-job-risks-more-pressure-etc
I am grade 8, who said they are doing my work? Never!
I would love to see TD completely shut down. All of Oregon's campuses shut down.
Would love to see middle management, Directors, Fellows and Sr PEs revisited. Really fu---n want to know what they did last week
Read my Lips. Middle management is shaking in their shoes.
Ya should have taken the package!
Demotion should be the least of some people's worries, where DEPORTATION is an option, too.
Many will after demotion. A lot have a hard time accepting this
Lip-Bu Tan will turn around the troubled Intel to a profitable company in a few years. They made the right decision. All fats will be cut out. Make Intel Great Again!!!
wait why disband TD/CPU/IFS
like
??!?
is he fully ramped on intel numbers and ready to start layoff?
He is definitely a much better choice than Pat. Best of luck to Intel.
Agree. Intel PEs->Senior Fellows will not be able to find any jobs outside Intel and so they stick around by using nepotism and brown-nosing.
Hopefully, he cuts TMG mgmt by 90%, and Finance by 99%!
Stock up 18%.
Good sign
in case - https://www.businesswire.com/news/home/20250312399008/en/Intel-Appoints-Lip-Bu-Tan-as-Chief-Executive-Officer
The big GTFO is here! Powerpoint, Excel, Powerbi warriors will have to go find REAL jobs!
Big Trouble