Thread regarding Intel Corp. layoffs

Intel turnaround is impossible under the current CEO

Period. Pat has lost all credibility. Every single project he has driven, every single investment he has made has been an abject failure. Any turnaround can only start with a clean slate at the top. Fire the CEO. Fire all ELT. Even then, the damage done is so extensive, that a full recovery back to old glory is impossible. Yet, the best that can be done now is to avoid FULL bankruptcy. Few people understand that Intel is a whopping $100B in debt when you add up actual long term debt + obligations to "Smart Capital" (Apollo and Brookfield).

Board must fire Pat and all ELT. Install a new CEO. And then the BoD itself should resign in shame.

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| 3141 views | | 16 replies (last October 14, 2024) | Reply
Post ID: @OP+1uZBOi7b

16 replies (most recent on top)

After SET and ACT this relationship is nothing more than a transaction dont give two licks on success or not. #justpaymebitch

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Post ID: @ezt+1uZBOi7b

Pastor Pat is the man for this moment Only someone who believes in life after death can have hope for the future of Intel.

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Post ID: @vme+1uZBOi7b

The culture may have been irreversibly damaged by the nature of ACT and SET. If Intel employees act in their own best interest the CEO doesn't matter.

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Post ID: @kec+1uZBOi7b

This Jesus freak has shown he is not capable, what more do you need to see. I do wonder if he is just punking everyone by driving intel to ruin since he was previously kicked to the curb, its hard to tell.

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Post ID: @mmj+1uZBOi7b

@joe
Projecting much, Skippy?

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Post ID: @fmt+1uZBOi7b

Online warriors. Like you've ever built or led anything significant. Prophets of .......

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Post ID: @joe+1uZBOi7b

There is no one better than Pat to lead Intel to the end of its life.

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Post ID: @tlf+1uZBOi7b

@ecv, if indeed Pat was that amazing, please explain why his mentor Andy Grove did not support his becoming the CEO earlier? There is a reason Andy did not vouch for Pat as CEO - initially choosing Barrett, later Otellini. Look at Pat's track record at VMWare. He left the company in such a vulnerable state that Hock Tan acquired it and disassembled it. Pat has had nearly 4 years as Intel CEO. So far, every quarter has been worse than the earlier one. This Board is a bunch of do-nothings who are too timid to act. A more proactive board would have done its job by now - a board has 2 primary jobs - to hire/fire the CEO and to approve/disapprove of the company strategy and funding. They have so far failed miserably on both.

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Post ID: @kzr+1uZBOi7b
The man was the project manager for the 486 and answered directly to Andy Grove and Gordon Moore

So?
Does this give him magical powers or something?
At some point the business is beyond repair.

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Post ID: @cme+1uZBOi7b

Pat was an Intel TA. That means he built slides for the CEO and then got promoted quickly to top management. You can look at the history of Intel TA's and judge for yourself whether that process generates a successful leadership pipeline or not. To my my mind and in my experience, it is the antithesis of meritocracy... just like DEI or nepotism.

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Post ID: @pus+1uZBOi7b

Intel should go private

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Post ID: @fjn+1uZBOi7b

Intel is not having much success these days, but the ones against Pat just want Intel to send a design to TSMC. They are not interested in any innovation. It's the same mentality that shipped all manufacturing jobs to China.

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Post ID: @kjo+1uZBOi7b

@ecv, Intel struggled in the 80s and the 00s. It is also funny that you called him a project manager since he sees them as an impedance to progress. Rehiring Pat was worst mistake in intel corporate history.

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Post ID: @jmr+1uZBOi7b

If Pat fails, Intel fails. Pat is basically synonymous with Intel and the greatness that Intel used to be in the 80's-90's-00's. The man was the project manager for the 486 and answered directly to Andy Grove and Gordon Moore. It doesn't get any more legit. Nobody understands the business model better. If Pat exits, Intel will be chopped up into pieces and sold off to the highest bidder and Intel as we know it will no longer exist.

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Post ID: @ecv+1uZBOi7b

Intel turnaround is impossible under the current CEO any CEO.

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Post ID: @ksz+1uZBOi7b

ELTs have a real bad reconstruction fetish. Build it , tear it down, and then rebuild it again. Many construction costly projects gone to waste and no new sales market innovative chip sets out the door
MBAs and Lawyers have ruined many companies. Intel included.

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Post ID: @cbf+1uZBOi7b

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