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_hm
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CEO
Re: Re-prioritizing
_hm   1/30/2014 6:37:44 PM
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@Anand: Intel has money and man power. What it needs is vision. Can they borrow some really good leader who has vision for future and guide Intel to new horizons.

 

Anand.Yaligar
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Re: Re-prioritizing
Anand.Yaligar   1/30/2014 1:35:36 PM
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Can new more innovative leader with so much of cash in hand help rescue and turn the situation around?

@_hm, I think Intel has invested in many startup companies hence I think they will continue with this strategy of investing in startup companies through VC route.

Anand.Yaligar
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Rookie
Re: Intel inside becomes Intel out side now
Anand.Yaligar   1/30/2014 1:33:00 PM
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But see how suddenly a change of business climate affects the originally successful business model and the need to deploy originally planned new technology.

@resistion, this is not sudden. I think many analysts predicted this because Intel failed to make inroads into wireless market.

Anand.Yaligar
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Rookie
Re: which workers
Anand.Yaligar   1/30/2014 1:29:14 PM
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And if they aren't laying workers off, exactly how will they be able to reduce the workforce?

@zewde, they are saying attrition rate is 4% so my guess is they wont refill those vacancies.

Anand.Yaligar
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Re : Intel to Cut 5% of Workforce
Anand.Yaligar   1/30/2014 1:25:42 PM
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Slowing PC sales is definitely impacting Intel's revenue. I think this trend might continue in future and we might see Intel share falling further.

zewde yeraswork
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Blogger
cynicism
zewde yeraswork   1/22/2014 10:36:29 AM
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it sounds like people are fairly cynical about Intel's latest announcement. There could be good reason for the decision to cut back the workforce and it may yet involve something other than lay offs. Furthermore, the decision may not impact US workers, in fact they may still be looking to invest in the United States. But the general response is no, they are looking to cut back their workfroce and do so by giving many workers the ax, with no additional pay to the rest, and a misguided product roadmap. We shall see.

AnySilicon
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Freelancer
Who is Intelís biggest Threat?
AnySilicon   1/22/2014 9:56:20 AM
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Andrew Grove said (Intel's CEO 1979-1997): "While the story is unique to Intel, the lessons, I believe, are universal" ― Who is Intel's biggest Threat? see the answer here: http://anysilicon.com/intels-biggest-threat/

 

 

betajet
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CEO
Re: which workers
betajet   1/21/2014 3:17:01 PM
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Hey, just announcing that you will be laying off RIFing people this year is a great way to get the best 5% of your workforce to leave for other jobs.  Problem solved!

[My nominee for "Most Orwellian Term for a Layoff" goes to "Operational Excellence".  This is where you axe 50% of your workforce and expect the other 50% to pick up the slack, with no additional pay.]

chipmonk0
User Rank
CEO
Intel's choice
chipmonk0   1/21/2014 3:03:45 PM
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Intel has enough money in the Bank and under used Fabs. All they need now are better & cheaper designs that will bring back customers. So design not fab needs to be emphasized.

They need to embrace new end-uses, apps, architecture and low-power chip design rather than keep depending on just ever smaller & faster transistors. Internal organization is optimized to maintain the hold on legacy x86 products. Since that monopoly is going downhill, the organization needs to change too. Need to become more creative.

Susan Rambo
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Blogger
Re: which workers
Susan Rambo   1/21/2014 2:17:02 PM
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Intel came back to EE Times after close on Friday and said: "When we talk about reduction of the workforce there are a number of things that can happen. It could include redeployments, voluntary programs, retirements, and through attrition. All are options so it would be wrong to conclude this is a layoff. Our usual rate of attrition is close to 4 percent worldwide."

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