Thread regarding Intel Corp. layoffs

@be+1jm9wvfyf You are correct in that IFS fabs are not structured or operated the same as TSMC fabs.

The latest is that TSMC is considering investing in IFS, and would not be surprised to see Samsung do the same.

It also appears that Caufield as CEO would happen in order to sell some of the non-EUV fabs to GF.

The whole IFS restructuring focus is on sub 2nm.

TSMC would then be able to help IFS to take on some portion of TSMC customer volume, which works well for all involved.

It would be surprising if TSMC (as a IFS investor) would not push hard for IFS to restructure to be more like TSMC, as they have worked out how to do foundry at scale.

That would lead over time to maybe 20% to 30% headcount reductions and greatly increased use of contract workers.

TD would be scaled way back, and stop doing projects which have no path to a product which is marketable to customers.

It can be argued that if not for the gross excess that is TD, IFS would be profitable right here and now. It is obscene.

Make sure resume is redesigned with fantastic AI catching phrases. Or else no one is going to look. Prepare to change the profession. No need to get stuck with engineering.

TSMC wants Intel fabs? Who told you that? There's a lot of rumor mill nonsense floating around. Can you imagine the retrofit required to make an Intel fab into a TSMC operation? .. a total overhaul. People talk about this stuff like it's a restaurant that needs a new owner. :D

Sorry, left out the key word 'not', as in it would NOT be challenging to see how 50% of the overall headcount is terminated (particularly in TD).

Alternatively, it would be challenging to see how 50% of the headcount is NOT terminated.

Either way, same result. This is not a joke.

They don't have fab-specific departments, specifically Yield but others as well.

They don't treat their tools like little princesses, so far fewer engineers and technicians.

They don't do a lot of R&D so TD, well, there is no TD.

It would be challenging to see how at a minimum 50% of the headcount is terminated.

No Packages, so nothing not required by law.

Ya should have taken the package..

If you are defmet, yield or integation, you are fu---d.

Here’s to hoping some of those would-be IFS workers make the fabs look like the WH on Jan 6th!

They will reduce intel to skeleton essentials and reassign their employees when there is redundancy and overlap. It’s standard procedure in these scenarios

If you are good, stay and prosper.

Chop Chop Chop...
Half will be gone..

Look no further then what happened to AMD or IBM comrades who went through same type of split. One side of the split is booming while the boundary side flounders and suffers with perpetual cuts and layoffs. It’s a no brainer the foundry side suffers. Also new parent company will keep their own over us when their is redundancy.