Thread regarding Intel Corp. layoffs

CES interview with BK and CNBC

I took some notes to share. Don't ream me if I got something wrong as I'm not technical.

He was asked about 12K job cuts ending in mid-2017 and BK didn't say anything like 'That's wrong', or 'We;re done' so there must be more to come. He said a portion was reduction and a portion is restructuring where they've hired as well.

He was asked about long term revenue and if it was going to be chipsets or data and he replied *"It's all about data". The Data Center is what is powering Intel going forward. Not giving up on the PC, we're strenghtneing other areas. Excited about PC in 2017 with battery life, etc, will bring people back to the PC.

Asked about the Trump meeting. It was a policywise connvo, it's not trade wars. ABout making US competitive, lower tax rates, that's what brings it back to the US. Also, R&D tax credits were discussed and not to undo regulations.

Asked about Moore's Law - said the pace of Moore's Law will go way beyond my career. Something about "end up 2.5 yrs". See's 10, 7 and eventually 5 nanometer.

Again, don't ream me as I'm not the best note taker and I'm not technical. I tried to capture the best I could but my handwriting is sh_t when I'm trying to hurry. lol

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| 2211 views | | 8 replies (last January 8, 2017) | Reply
Post ID: @OP+LdHJw1d

8 replies (most recent on top)

Funny how Moore's slowing in Hillsboro but acceleration in Korea and Taiwan. Isn't physics the same, must be a management problem somewhere

😂😂😂😂😂😂😂😂😂😂😂😂😂😂

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Post ID: @2ktp+LdHJw1d

Trump will make intel pull all those fabs back to the US, and then make China and India, and Israel apologize! Yep!

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Post ID: @1uup+LdHJw1d

Expect the unexpected

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Post ID: @1cat+LdHJw1d

@cbh -- BK said their wouldn't be any layoffs in 2016 either (lol)

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Post ID: @1mci+LdHJw1d

Lol - @nrc

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Post ID: @ies+LdHJw1d

Why not just link the videos? You manager or something?

https://finance.yahoo.com/video/intel-ceo-us-more-competitive-161700788.html

http://www.cnbc.com/2017/01/06/trade-not-trade-wars-will-bring-back-us-manufacturing-intel-ceo-says.html

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Post ID: @nrc+LdHJw1d

He said no more layoffs in 2017. All deadwood have been purged from Intel and they have turned into miserable trolls on this board.

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Post ID: @cbh+LdHJw1d

So any indicate for more layoff in 2017

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Post ID: @yvw+LdHJw1d

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