Thread regarding Intel Corp. layoffs

Getting the "I don't have a plan, but a concept of a plan" feeling at the ACM today

Getting the "I don't have a plan, but a concept of a plan" feeling at the ACM today. Anyone getting that feeling from the ELT?

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| 2441 views | | 11 replies (last April 26, 2025) | Reply
Post ID: @OP+1jspt48y8

11 replies (most recent on top)

There is a plan and your career is a part of the 20% of that plan.

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Post ID: @fs+1jspt48y8

Didn't intel already try layoffs and the stock barely moved up?

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Post ID: @e6+1jspt48y8

I don't believe LBT has a strategy.

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Post ID: @as+1jspt48y8

Holding my breath, I am not.

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Post ID: @ar+1jspt48y8

I couldn’t agree more with all the comments above. This makes me sad and sick for Intel and intels future.

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Post ID: @ap+1jspt48y8

An aggressive email, should also be followed by aggressive plan and actions. Came in to ACM with concepts, philosophy and friends list !!

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Post ID: @an+1jspt48y8

Is it 12% of a plan?

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Post ID: @ak+1jspt48y8

I think Bob Swan was more inspiring and had a better plan than the current ELT at this point.

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Post ID: @aj+1jspt48y8

I am a bit surprised LBT did not hit the ground running. He has had plenty of time to work out what he wanted to get done, then what, more talking?

LBT better start executing or the stock will get back below $10 and both he and the Board will be fired.

Then the activist investors will step in and sell off the company for parts.

That would result in at least 50% headcount reductions.

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Post ID: @aa+1jspt48y8

Typical executive lip service. It’s going to be the same… scapegoats will be identified and persecuted then back Business as usual. Hard to listen to. Wall Street seems to think Intels words are worthless.

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Post ID: @a3+1jspt48y8

Pat had a plan and it failed
LBT has zilch. Put layoffs back in the microwave for three minutes they’re cold and stale. Pretend the last five years didn’t happen and/or we have campus
budget and ask for RTO. No connection to reality. Claim you listen and ignore the Circuit+ comments.

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Post ID: @a2+1jspt48y8

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