Thread regarding Intel Corp. layoffs

@ba he was brought in to be a tight-lipped autist lording over a bunch of middle management cucks in survival mode being given the keys to the engineer/technician gas chambers all while our grand autist above continues touting us as an "engineering first company"?

@OP NO DOI

He didn’t fail or is failing. He is doing exactly what he was brought in to do.

@ay nice

@aw You're hilarious. I pretty obviously meant "fat" in the sense of useless employees who cost the company money rather than contribute. But keep up the jokes.

@ay What he's supposed to do...what a good leader who's trying to save the company WOULD do...is evaluate the leadership levels to see who is a valuable leader and who is just collecting a fat paycheck. Unfortunately, since he's not trying to save the company but instead right-size it for sale, he doesn't care about who's valuable, he just needs the numbers down.

What is he supposed to go to every site and individually determine who gets cut or not? wtf you mean who else would you expect to make those decisions?

Also my captcha code is 69. Just wanted to let you all know

I don't believe OP knows what LBT is doing.

@at The first thing I noticed when I started with Intel was that they were on average, the fattest group of people I'd ever been around.

Not sure that is the 'fat' you are referring to, but do try to manage those carbs, ok.

@ah What a pathetic (and wrong) statement. I've seen many stellar people get cut. The quote in the OP's post is from me (I said it in a different thread) and I stand by it. The problem is not, as you ridiculously claim, that they're "cutting the fat". The problem is "the fat" are the ones doing the cutting, and they'll cut as deep into the meat as they have to to prevent any of the fat from getting cut. What' you're about to see is a company that's almost 100% fat.

@a6 and ultimately getting his $23M bonus when mission accomplished.

@a6 Wake up... no one is buying Intel. It's like buying cancer or AIDS. The only valuable asset is the IP libraries and patents. Everything else is essentially worthless... even legacy x86 designs, since it requires TMG/IFS to mfg. If you port over to TSMC, it would just require re-validation of their products, and at that point, they would just use AMD instead.

I really have to question LBT’s judgement of who he has selected to retain as his lieutenants. Lisa P, for example, is a horrible choice whose decisions so far will harm Intel well into the future.

Even though many would cheer the action, a new CEO cannot come in and hastily clean out the top 100 execs in the company. First, not all of them are horrible (many are, though). Second, he'd need around 25%-50% of that number of external hires immediately ready to join. Third, you'd immediately lose lots of institutional knowledge. Fourth, it would signal panic.

Over time, we'll see entire businesses sold or abandoned. That's where considerable VPs and senior managers will be extricated.

Intel was not aggressive enough in layoffs in '22 - '24. And, they were d-mb in the way they handled it: group X is exiting location Y - everyone at location Y is laid off. Easy for group X management; easy for legal; easy for HR. Talent was never a consideration. VP, CVP, and EVP have become headcount shufflers...

That people that should be fired are getting fired, trim the fat. If you got fired you were useless, and if you left then you never really wanted to be there or cared. Good riddance.

When you all gonna get it? Lip Bu doesn’t care about fixing anything. He doesn’t care about putting the right people in place. He cares about cutting heads and making the balance sheet look more attractive to potential buyers.