Thread regarding Intel Corp. layoffs

@t6+1jjdzm6xd We can see Pat's impact now. Look at the report card - his decision ki-led the iconic company called Intel. Ask 18K families- they are cursing this clueless clown every single day. This joker walked away with 20M+ package when people are struggling to pay their daily bills.

Intel is a huge ship. Call me in 4 years when Pat’s impact will actually be seen, then we’ll judge. If you think we know right now then you haven’t a clue how things work

Those who complain about Pat should first remember who picked Pat and all the previous destructive CEOs like BK. It was the Board of Directors. They approved the plan of PG just ad much as they were happy to pick BK. This is where the root of the rot is. Pat's performance is just a rezultat of that.
BoD should be replaced together with Pat.

You may be a technical genius, but you lack the qualities of a true CEO. You drove this
iconic company into the ground, and the world will remember you for this legacy alone.

He's no technical genius. He's even worse at business.
We all watched him destroy vmware.
Pat's faith in his g0d and, conceit, moreso, in himself is his complete downfall.
Intel should claw back a majority of the compensation they gave him.

Nothing that can’t be fixed by taking S&M on another couple cruises

How cares, he is gone. What’s going to be done to turn this around? Focus on the future and not the past, this is Intel’s biggest problem.

Just leaving this here.
https://www.youtube.com/shorts/yElafS4RsJg

Who is the next report card after Pat left? What is the number for Q1 2025 without Pat present should look like?

@dp+1jjdzm6xd: Pat had a strategy—what was it exactly? Spending over $30 billion on a moonshot while dismantling the existing business, all under the assumption that geopolitical factors would favor Intel—this is what you call strategy? While the entire semiconductor industry was working tirelessly to capture the AI market, he was busy lobbying in DC for chips funding. To say he was clueless would be an understatement. And now you're shifting the blame to the Fab leadership? Isn't it Pat's responsibility to scrutinize every expense? His negligence has led to a $16 billion write-off in Q3. It's good someone sued him. He deserves to face consequences for destroying the livelihoods of 15,000 families.

Pat is good at posting Bible quotes on X. He wasnt fit to be CEO in the first place. Ahole ran away with 200 mil $. Fu--ing criminal!!

Blame the financial department for above numbers then get them promote to as usual. Nothing is new here at Intel

Pat followed a strategy and kudos to him that he was able to sold it off to board and employee were also on board , so I don’t think we can blame him, incase the if Foudary would have worked stock price would gone in other direction , but it went in reversed , if anyone needs to be blamed is IFS head at that time as they would have better know how the process quality is and can it beat tsmc in few years , did they ever reviewed progress of process tech similar to how we do at grass root level before taping out the design , there are lot of these questions , I hope board should do some retrospective internally here with IFS team, at the end its employees who end up paying the price

@d4+1jjdzm6xd "Sounds like trolling to me." Are you Pat? If so, let's have a conversation. Why did you invest over $30 billion in Fab at the expense of Intel products? Fab wasn't profitable, but Intel products were. You could have taken a staged approach—complete one node, prove its success with Intel products, and then move to the next. What was the rush to achieve the 5N4Y goal? Who even used those five nodes? Nobody! Now, consider your strategy—$30 billion spent with no return on investment.

You let Christy handle compensation and benefits, and to win your approval, she cut everything possible—removing coffee was a blow to employee morale, to say the least. Meanwhile, you were at Davos spending thousands to mingle with the elites, and Christoph took his team on a cruise—a prime example of irresponsibility and zero accountability.

What did you actually fix? Other than arbitrarily pulling the GNR schedule forward, your contributions were negligible. Because of your decisions, 15,000 people lost their jobs, and you walked away with a $20+ million package. I now understand why Andy Grove didn’t choose you as CEO. You may be a technical genius, but you lack the qualities of a true CEO. You drove this iconic company into the ground, and the world will remember you for this legacy alone.

@cc+1jjdzm6xd Looks like trolling to me.

Pat got some things right and some things wrong, but the Board approved the strategy until it decided it wanted to just break up the company.

I'd grade the Board over the past 20 years as terrible and ELT over the same time frame as getting weaker over time.

Not to pick on Dave, but he is inexperienced and no match for a CEO who is in too much of a hurry to build capacity.

Poor strategy has made it very difficult for the company to attract the kind of executive leadership needed to make a dramatic change.

It is a story as old as silicon valley and usually ends up with hollow shells of once high performing companies.

The issue at hand is way beyond who was CEO for a few years.

@cc+1jjdzm6xd: Pat came onboard, instead of focusing the design and innovation, he focused on building the fab because he thought China will invade Taiwan or there will be Covid-2. We paid millions of dollars to a CEO who drove this iconic company into ground because of his paranoia.

With or without Pat the results are the same for Intel. He just worked to earn his salary enough and left.

The Board approves strategy and was instrumental in the strategic mistakes that led to Intel being a zombie company by the time Pat came on board.

This maniacal obsession with Pat is besides the point. No one person is perfect or can fix decades of Board malfeasance in 3 years.

OP needs to get a grip already.

Worst of the worst…

Intel people like to flatter the leader, no matter what they say, even when leading them to he-l.

Also 2021 to 2024 was one of the greatest semiconductor booms in history.

Intel missed so bad.

Worst CEO in Intel history. And that is something when you realize that BK was also intel CEO.

And yet some folks want him to be back as CEO again !!!

Gordon Moore told him not to sc--w up when he visited him in Hawaii and he did exactly the same. Unused equipments worth of millions of dollars are sitting in factory and he was bragging 5N4Y on every Friday videos. He is now investing in AI startup and in Intel he squeezed every penny from product business to fund his arrogance- 5N4Y. 15K family will never forgive him - no matter how many weeks he fasts for Intel.

He should return his sign-in bonus and exit package at least. The crime that he committed is more than a scam.