Thread regarding Intel Corp. layoffs

how can someone so high up in the org, say something so d-mb to the press?

1. Peter Principle
2. DEI
3. Whoever put her in charge is even less intelligent
4. Other?

God that is almost as bad as the cringe stuff Sandra would say go the press before she got side lined.

Just going to state the obvious here. If you build products that are late in cycle, not as good or defective you’re not going to set the terms on your ROI. Fu--ing Id--t! Intel is DONE.

What a weird thing to say... Instead of saying things like, ' we will build fantastic products that will awe customers and make competitors tremble in fear'

Customers don't exist to ensure you hit 50 margin... you exist to make something with enough utility customers will pay you twice as much as it cost to build. Big difference.

They should put somebody else in front of the press.

This is FUBAR, Intel cost structure and culture are not aligned with the current product line... nothing left but x86 and AMD is producing competitive, if not superior products.

Intel simply cannot win the low cost leader position. Have you ever been to an Intel office or fab as well as TSMC location? If you had, you would have instantly seen the problem. One is a country club, the other is not.

Time to turn out the lights.

What does MJ even do these days? CCG, SAI, PEG and probably some other groups I forgot about, all report directly to LBT now. Does she even have projects left to manage?

If her statement is true then I guess Intel employees are going to have a lot of free time on their hands because Intel isn't going to see profit margins about 50% ever again...

@cm Salaries need to be halved for all employees to stay competitive.

I was in a meeting with Craig Barret years ago, when he said: "If we can't build it cheaper, someone else will."
Turns out, other companies build it cheaper.

Please don’t build it because we are definitely losing haft of our money every year. Stay home and get a better sleep than building things

Bean counters have a firm grip on the company. Only alternative for survival is for some hedge funds take it into their grip.

Yes. As a customer, I have zero confidence or interest in buying Intel products after reading this MJ statement. Cheap junk cranked out to make extreme profit. Cheap dollar store products sold as a luxury item.

Arrogance knowing these comments cater to wallstreet and not paying customer. Which institution of higher learning did this ignorant dope attend?

Chasing high margins is what has led Intel to where it is today, turning down ARM and other lower margin growth opportunities.

Anyone who has read the Innovators dilemma understands this, and MJ likely has read it.

Chasing the highest margin products is likely at the root of the many technological and design fails that the company has experienced over the past 15 years.

This approach does not guarantee failure but does set the company up for failure.

The company should have long ago picked ARM back up and pursued GPU or other lower margin, high volume business. The companies that did that are now in a position to take the high margin business from Intel.

Intel should have defended itself by making those same low margin ARMProducts.

Oh well, those Harvard case studies can always use new material.

“return on Investment” And the history books will remember. Intel failed because of corporate greed.

AMD will build it. ARM can take over.

Pat wanted 60% gross margins and so 50% is a downgrade.

https://newsroom.intel.com/corporate/intel-outlines-financial-framework-for-foundry-business-sets-path-to-margin-expansion

lol. Nothing meets that requirement until at least 2029.

Maybe set your focus a little lower. Customers would be happy if Intel just released something that’s wasn’t late and defective.

Then kiss client goodbye

@af Lifestyle companies are not intel's focus.

That's what Otellini said about the CPUs for Apple iPhone.
Clearly, Intel cannot remember its own history.