Thread regarding Intel Corp. layoffs

"So if you get denied a $200 training, a $40 book purchase or a $400 business trip, even though these expenses are crucial for your work, then chances are that VSPs and ISPs are coming your way. "

Sbo - With one exception: it is always a good season to promote new VPs. Despite a smell of fear and death in the air, and no good news to share on any front, with even intern hires also frozen, we badly needed 15 new senior and corporate VPs. These people have to explain why they deserved this promotion at such a time.

"They have proven that they are capable of persisting against difficult competition" ??

It is well-known that the Intel modem in Iphone 7, mostly designed by the ex-Infineon team, is inferior to the Qualcomm modem. Plenty of discussion, e.g.,

https://www.forbes.com/sites/aarontilley/2016/10/21/how-to-buy-iphone-7-intel-qualcomm-modem/#7e47f5386c79

https://www.theverge.com/2017/4/11/15255318/qualcomm-sues-apple-iphone-countersue-intel

a) That was before Intel even entered negotiations to acquire Infineon's mobile business.

b) The mobile business was not contributing to Infineon's financial crisis at the time.

c) As it was said here: Infineon went almost bankrupt but managed to pull itself out of that with a stock price that had multiplied already before Intel acquired Infineon's mobile business. So I fail to see how anyone would manage to get anything negative about ex-Infineon engineers out of that. They have proven that they are capable of persisting against difficult competition, while the Intel CPU guys have been getting their asses whupped by ARM for many years now, and Intel still doesn't have a competitive mobile CPU on the market or in the roadmaps.

https://www.ft.com/content/194c2c28-b442-11df-8208-00144feabdc0

http://www.eetimes.com/document.asp?doc_id=1263998

Quote,

"Infineon, which came back from the brink of bankruptcy last year,..."

"Infineon may not have to resort to bankruptcy protection to clear the debts threatening the chip vendor's stability."

Huh? Infineon went nearly bankrupt? When the mobile business unit was bought by Intel, it was making profits. The story behind the acquisition is common knowledge. Why do people still spread b---s---?

Infineon sold 4k people at the time. Miraculously, iCDG headcount was close to 10k. See what I mean?

@jlj. I disagree, I know plenty of iCDG engineers that were originally from Infineon.

The ex-Infineon team is a minority in iCDG. After more than 6 years inside Intel and all the restructurings there's no Infineon left for you to bash.

@NDSJ0UB-yqh: at least Intel was convinced that Infineon wireless is worth a billion $. And that was years before BK.

The real incompetence in iCDG is the entire ex-Infineon team. Infineon didn't go almost bankrupt without reasons.

BK wake up and desire it is time and hat afternoon they are walked. He can't deliver Moore's Law faster but he can't deliver Layoffs faster

Based on that logic, iCDG should be gone already, because we have had a budget crisis in that business unit for the last five years, with management being unable to get it under control and to present a solid budget that does not cause another spending freeze in the middle of the fiscal year.

People always whine how Aicha was such a terrible manager, when the real incompetence in iCDG is in the finance department. Five years of constant budget crisis and those dorks still have their jobs.

Coming layoffs are rather easy to predict. When there is a hiring and spending freeze in an area of the company, then there is an 80 to 90% chance that layoffs follow. That's the way it was for EVERY layoff so far. So if you get denied a $200 training, a $40 book purchase or a $400 business trip, even though these expenses are crucial for your work, then chances are that VSPs and ISPs are coming your way. That is just the way it is at Intel.

Yet, in 2014/15/16 we knew about it months ahead - you just had to follow this forum

Well said.