Over bloated and copy exactly redundant ! Excess capacity PPE and inventory stockpiles ! Fire up the EUVs and let's process some si wafers ! CPUs NPUs GPUs and every damn motherboard component ! Fight the competition right into the ground !
10 replies (most recent on top)
@bq I think you are not in Finance, because it was never that huge and is a lot smaller now.
I retired last year (Ya Shoulda Taken The Package), and Finance was around 2000 then but in the process of taking a big hit, moving to lower cost geos and now apparently is going to be largely outsourced.
Long gone are the days when Finance was some combination of accounting and consulting. The accounting part is becoming increasingly automated and the consulting is being eliminated for the most part.
Ops will have some remote support but increasingly is being asked to use self-service tools and AI in some cases.
I didn't think Finance added much value back then, so have no disagreement with the way it has been shredded. But it is now not a meaningful contributor to any headcount action.
Like the old saying,
'when they came for the Finance people, I did not complain because I am not one of them'
'Then they came for me, and there was no one else left to complain'
The excess capacity in fabs, tools and people that Finance always was trying to curtail is now where all the remaining cuts are going to happen. That is because everything else has been cut.
@dh supply chain takes care of contracting, negotiations, etc. Better to have dedicated people taking care of that then engineers wasting their time on it qhen their skills are better served fizing intels broken processes
Please explain what those organizations do. I still have to see any value than they bring other than adding artificially created work for engineers. Why do we need so many finance people, or HR, when nobody knows what they do? Managers do 99% of HR job; finance... just why? And Supply Chain: wut??
@a5 I think you prob forgot two zeros from your estimate. Finance is a HUGE organization, which was prob overstaffed by more than 3x two years ago. Back in the day, one finance bot fly would have two or three projects (IMO, two was about right, three would be too many)... and now they have two or three finance bot flies PER project (you got one to be the "lead", another one to count the beans, and another one to report out the number of beans counted. That's how obesely obese they've gotten. So three rounds of cuts still didn't make a dent in that over bloated bot fly invested organization.
badge flipped, most likely.
Then slowly replaced by AI.
Should outsource the CFO job. Anyone is better than DZ.
HR will escape cuts by saying layoffs are more work for them
Rumor is that all 3 will be largely outsourced.
Finance has been folded and spindled so many times over the past few years, outsourcing the remaining 31 people won't really make much of an impact.
I have news for you. Soon NONE of that will matter anymore. It’s over!