Thread regarding Intel Corp. layoffs

Motto of Intel (the fake meritocracy)

Someone needed to write this, and Rex did!!!!!!

https://rexstjohn.substack.com/p/you-dont-know-what-you-are-talking

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Post ID: @OP+1l4HES55

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In short, Intel's culture is broken. Years of virtual monopoly and government hand-outs have resulted in layers of employees completely out of touch with customers and real competitors and who spend their days in meetings, making powerpoints for internal processes and politicking against each other. This kind of culture drives out innovation, customer-centered-ness and passionate, driven people.

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Post ID: @5jdp+1l4HES55

This is one of the few postings that isn't simply a bi--h or joke post so I appreciate the comments. I'm going to ramble a bit as this is my first and maybe only post but I wanted to say some things.
I would add that after 20+ years at Intel, definitely I see the spirit of the company is dying. I'm not just being cynical or whatnot. I have seen downturns including 2001 and I worked in the Communications Group under Sean and that one went up and down pretty fast to the tune of billions of R&D. I really think the feel of the company is in decline and not just morale.
I think BK was bad for a lot of different reasons; just cause he was willing to entertain other ideas didn't translate into squat.
What has been alluded to is true - that rather than tackle head-first the changing and challenging si architectures, technologies, etc. Intel kinda relied on it's history to carry it forward. Everyone knows what happens when you do that - you end up like Xerox, Motorola, Kodak, etc. It's incredibly difficult for a large corp to evolve and succeed. IBM sold its notebook division to Lenovo - at the time I was a little perplexed by that. But look today - that was the right move.
Every CTO will tell you that they are moving to the cloud. That is a conflict with Client to some extent. How does that relate to Intel's actual strategy? No one can tell you. You need edge compute power, but CTOs are driving to cloud-based workload solutions.
Anyway, I'm not adding a lot here. But I will say that this old skool method of re-organization is really not going to work. Pushing down from the top, permitting cronyism to the max, nepotism as a continued norm, etc. is really going to result in exactly what a friend mentioned to me - you only have people left that are there for the paychecks. I mean directors hand-pick whoever they want to "land." That's it. Simple as that. Now, the cuts were pretty big so entire teams are let go so it's not just nepotism, but there is a lot of it.
We don't have technologists as managers - at least not in the BU and not in SMG. Not people who actually use and care about the technologies that are designed and built. Bureaucrats. I mean look at all the postings here. Supposedly MJ said she reads the postings. I hope she reads this one. Permitting people to just pick their friends can improve some avenues of trust - because you have people picking people they are comfortable with - but you miss out on so much more - on healthy positive tensions of high performers, you miss integrity, you lose a lot. In short, this old skool push down from the top method is simply cheezy and a major turn-off to young people - what talented young people want to be here. You don't have a talent pipeline. Every single <30 year old I've spoken to, especially in confidence, has stated that s/he is planning on leaving and doesn't imagine staying.
And, I agree with what others have said. We really need to cut back on the number of marketing people and dollars. We need to get rid of a lot of the gr10s and gr9s also. I mean really - how many fricking directors do you need. Meetings and slides all day. It's not right. Many of them just need to leave and GTFO of here and make room for the next generation.
And I'm tired of this you-can't-be-a-GM-unless-you're-some-old-dude. WTF is that. Technology firms should have young people running around energetic and sh-t. And I'm old and I'm still looking for that. We should have GMs walking around with full-on sleeves. Instead we have crusty old dudes who probably never jail-broke a phone.
It's terribly frustrating and sad to watch what is unfolding. I didn't think it would happen. I mean I started seeing the cracks in the past decade or so, but year after year of a screwed up Client roadmap, lame-a-s execution, political BS and the like - will result in your getting your a-s kicked which is still happening.
I don't think Pat has an option. He has to pursue IDM 2.0. It's rational. But the problem is - he's not making the changes necessary to make that successful. And maybe that's cause he doesn't see that. I used to interact with Pat way back and he was brilliant. He is very very smart. But the changes within Intel need to be revolutionary. And we know revolutions require violence. And I don't see the right kind of violence yet. Intel has to reform itself. To truly evolve is a gigantic task. And thus far, 2 years into it, I don't see it happening. I see old dudes as Corp VPs coming back. We don't need that. We don't need an old skool push-down reorg. In life, it's not the ideas that fail. It's often in the execution. We could literally to go the GMs and tell them we're redeploying 90% of the gr10s. Go pick your 10%. The rest are going to be new people starting in 2H'23 into 1H'24. And, then blow up all processes. And keep going with the big changes. WTF made everyone think 14nm forever was the answer. The company needs a sense of urgency. Right now, you can see people are just keeping their heads down hoping they don't get picked. It's horrible.
I simply cannot stand the corporate speak bullsh-t I keep hearing. It sucks so bad. And I think the reorg 2.0 is coming.
I have a lot of good experience from Intel, but I'm seeing a lot of bad trends.

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Post ID: @2avv+1l4HES55

This is a summary of exactly what has already been said on this site...

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Post ID: @2izl+1l4HES55

His take on BK and Edison/IOT was cr*p, since BK and his charging bowl/wearables/insider trading/woke DEI hiring initiatives/employee affairs/fat incompetent QCOM exec hiring were a big part of the problem.

However, this line is accurate.
At this point it is far too late. Intel seems to be relying on the fact that much of their talent base is out of touch with the market and have no transferable skills or are located in geographically disadvantaged locations.

This is exactly the group who can’t escape.

It’s not good. And it was all predictable. And it’s ugly and sad.

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Post ID: @1ndf+1l4HES55

"The most important lesson I learned from this experience is: If you talk to CTOs of startups, they will tell you exactly what the future is going to be. It’s like a time machine into the future. It was remarkably accurate."

Great article.

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Post ID: @1ogc+1l4HES55

IoT is bullish-t

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Post ID: @1ear+1l4HES55

Great article

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Post ID: @1uad+1l4HES55

Wow thanks. I could not agree more on his analysis..... hope to get a package

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Post ID: @1bma+1l4HES55

Thanks for sharing, was a very good read, and it is sad, Intel only seems to be able to do the wrong things consistently. Make bad bets, reward failure, and never account or learn from a mistake. Mobileye was lucky to escape alive

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Post ID: @1bra+1l4HES55

Shocking

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Post ID: @1khw+1l4HES55

Well said. Precisely. Intel rewards the yes people and the arrogant lot who will bury their heads and chant the same old mantra. They did that for several years. Intel will grind everything to the ground.

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Post ID: @1rue+1l4HES55

#TeamRex! You had me at... "Our desired customers also did not want to pay for our brand markup."

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Post ID: @ihq+1l4HES55

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