Thread regarding Intel Corp. layoffs

Did anyone text or call them to see if they are ok? What did these engineers do? Hopefully they weren't overlapped with multiple other teams (which is quite often the case).

No need to check anywhere else.
My team has over 15+ engineers and half of them simply disappeared.... Not showing up in staff and no OKRs. Just keep milking Intel.

1. Intel cannot afford to spend on manufacturing technology if all it makes is current processors/chipsets. Not enough revenue/margin for that.
2. Intel has proven it cannot innovate and create new products (see also, discrete graphics, ai, etc)
3. Therefore, Intel only has two choices 1) have someone else manufacture or 2) try and create new fab business.
4. Creating new fab business is fatally flawed. 1) Intel doesn't know how to run lean and cost structure is way higher then TSMC. 2) TSMC runs circles around Intel.
5. The only reason company may discuss fab service with Intel is to use it to negotiate TSMC prices lows. Intel trying to take market share from such a great company isn't sound business strategy unless it has some competitive advantage. Is Intel process better? No, or at best it is highly tuned and does ok on specialized full custom processor but not RISC / ARM.
6. Customers don't want to buy silicon from Intel. Intel is arrogant, inflexible and has no idea how to run high mix, low volume SKUs. Also, Intel would need to keep 4-5 generations of nodes around but Intel manufacturing process isn't flexible for that.

It is rather astonishing that the discussion on IFS is so focused on Intel's needs , not on the value it brings to the customers. Is this the right mindset for a successful business?

Whatever IFS does, it would have to be competitive with TSMC. What is the different of this round of IFS from Intel's previous foundry attempts? At that time, if I recall, Intel was still leading the processing technology. It is no longer now.

So you are saying Intel was correct when letting you go? Good sport you are.

@jsq+1mv3uFEV Tried to parse the terrible grammar here - still not quite sure what you are trying to say.

Intel can be competitive - US manufactured and designed is a huge benefit from a strategic standpoint given the current geopolitical environment. It’s not just the US govt who needs chips made here in the US. I think you’ll see a lot of fabless companies diversifying their manufacturing with Intel vs. having all their eggs in one basket with TSMC.

So many bitter people here. Too bad Intel IT can’t nab all of your IPs, terminate you, and preserve the jobs of those who want to stay and fight to make the company great again. Not sure why if you hate the company so much, to the point you come on here and b***h all day, you don’t just leave…

“This is why Intel needs foundry. We can distribute the fixed costs of our business (including headcount) across a number of customers - Intel products themselves then only absorb a portion of these costs instead of the entire cost structure.”

A fab even tax payer subsidized has to have scale to be competitive. American cost even with billions aren’t competitive. Maybe for making defense chips. Is the US ready for an Intel to be the next LockeedMartin? Sad ending to Intel

Would Bob, Andy and Gordon be more proud of Intel was the fabless giant making the best HPC x86, ARM, AI and graphics chips and towering over Apple, AMD, Nvidia, or the next Lockheed Martin, oh well

LOL IFS with Intel leadership and culture has no chance, dinosaur going extinct

@ywx+1mv3uFEV. Losers are ones who can't get a job. Stop bashing and learning new skills dude. You are losing big time.

Yea but Intel is vertically integrated. Your comment is shortsighted.

A better way to look at it is to take AMD’s headcount, add the portion of TSMC’s HC dedicated to producing AMD’s product, and use that. This number will still be slightly shy of a fair benchmark because TSMC will have some fixed, central (finance, HR) and management roles for which the cost are essentially spread across all of their clients, so the true number required to operate my be slightly higher.

This is why Intel needs foundry. We can distribute the fixed costs of our business (including headcount) across a number of customers - Intel products themselves then only absorb a portion of these costs instead of the entire cost structure.

IFS revenue will be significant by 2025 and that will push intel revenue to above $100B. 20A and 18A making solid progress and it will attract big customers.

@xvm+1mv3uFEV What is the combined revenue and profits compared to the loser Intel, LOL

Intel HC is almost what TSMC, AMD and Nvidia is combined. So….