Thread regarding Intel Corp. layoffs

Cost saving ideas if you were the CEO

  • Cut down non-business-critical software team
  • No luxurious ERP CPM packages
  • Remote people come back to lab to work on themselves, not hiring CW
  • Salary reduction
  • Major reorg
  • Reduce 3rd party service on too many non-critical items
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| 1141 views | | 11 replies (last September 14, 2024) | Reply
Post ID: @OP+1uv9FDJ7

11 replies (most recent on top)

Not pay salaries

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Post ID: @zmr+1uv9FDJ7

Cut ELT pay by 50%. The ones who leave never cared about the company anyway. The one who stay want to see the company recover. The payroll $ saved are small, but ridding the company of greedy self-centered ELT members is priceless.

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Post ID: @fis+1uv9FDJ7

Cutting ELT pay means they all leave enmasse to our competition. Intel needs all the intellectual firepower it has to come out of the hole. The ELT, by definition, are the best and the brightest Intel has, those who have shone and risen to the creamy top of the pile. They are most accomplished and their insights are essential to keep the ship on track.

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Post ID: @hnp+1uv9FDJ7
  • Cut ELT pay to $1.00
  • Get rid of unnecessary VP/Fellows. If they are not contributing directly tot he bottom line or have viable projects.
  • ZBB any non-core projects
  • Increase remote work where possible - move to lower cost geo if lucrative
  • Split the company in three - turn Intel proper into a holding company and split design from manufacturing
  • If work can be effectively outsourced, do it. But, only if 2nd and 3rd suppliers are available.
  • Re-org to remove redundancies and improve efficiencies.
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Post ID: @hci+1uv9FDJ7

Don’t give CEO and leadership raises. Why were they given raises, etc. when people will loose their jobs? And the company is sh-t. They should get pay cuts due to poor performance

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Post ID: @rcs+1uv9FDJ7

Fire Christoph and all his incompetent “sales” people.

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Post ID: @pyc+1uv9FDJ7

CEO salary should be $1 and own only one INTC share to show true love of Intel, not the money

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Post ID: @tbd+1uv9FDJ7

Lay off all the worthless construction workers.

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Post ID: @fay+1uv9FDJ7

ISP all H1Bs

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Post ID: @kqr+1uv9FDJ7

Cut the 10s of BILLIONS of dollars in fab capex.
You CANNOT compete with TSMC.

Figure out a path to become a smaller, leaner fabless company.

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Post ID: @sgr+1uv9FDJ7

Bring your own toilet papers from home.
Drink less to pi-s off less

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Post ID: @bsw+1uv9FDJ7

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