Thread regarding Intel Corp. layoffs

Expect Leaks to Start Trickling out...

Now with Intel has basically closed Q1'25, and all the beans have been counted, and reported to Central... the deal makers and spin doctors start their building out LBT's story. As with any new manager, the first thing they do is compliment the previous manager(s) for their contributions while throwing them under the bus by saying they were the reason why everything failed.

Typically, the first week of the quarter is "close" week which means the tens of thousands of finance bean counters tally up the revenue beans, the cost beans, and the spending beans. They'll put together how each business units look, and then rolls it up for the following Monday review with Group GMs and Group CFOs. As the week progresses, it goes to the CFO and CEO which then decides on any major decisions or disclosures. At any given point, as more people see the complete picture, the possibility of leaks come out... especially once it goes through Legal and Investor Relations (and for public press release by third parties).

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| 3290 views | | 10 replies (last April 15, 2025) | Reply
Post ID: @OP+1jrr5hmwz

10 replies (most recent on top)

If Intel dies, do we all get bereavement pay?

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Post ID: @fz+1jrr5hmwz

Largest Intel Layoff in history. LBT was hired to implement exactly what he told the Board he would do. Pat was fired for telling exactly what he would NOT DO.

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Post ID: @fw+1jrr5hmwz

Yep. This is the time to be watching the WARN tracker for your area.

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Post ID: @et+1jrr5hmwz

he could say this about any large company

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Post ID: @dr+1jrr5hmwz

Get ready for the smoke and mirrors speech by the ELT.

Everything looks so great and rosy. Our competition is shaking in their boots. Nvidia is throwing in the towel. Tesla is putting Intel silicon into their cars. Blah blah blah.

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Post ID: @c1+1jrr5hmwz

@b2 any of that has to do with the tariffs sh-tshow?

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Post ID: @b7+1jrr5hmwz

Last earnings call indicated Q1 2025 outlook as Rev $11.7-12.7B, and $0.00 EPS.

Earningswhispers.com currently has Rev $12.32B and EPS $-0.14.

$-0.14 looks way more plausible.

https://www.earningswhispers.com/stocks/INTC

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Post ID: @b2+1jrr5hmwz

Announcements coming week of 28th. Last day for many will be June 30th

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Post ID: @az+1jrr5hmwz

Consider the source.

OP thinks Intel has 10s of thousands of Finance people.

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Post ID: @ab+1jrr5hmwz

At least expect some hard core bullsh-t propaganda to be forced down our throats. Don’t buy it don’t drink kool aide

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Post ID: @a6+1jrr5hmwz

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