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Lip-Bu Tan was previously on the board but left after disagreements: > Over time, Tan grew frustrated by the company’s large workforce, its approach to contrac
by yoyoyo1122 2y ago
Lip-Bu Tan was previously on the board but left after disagreements:
> Over time, Tan grew frustrated by the company’s large workforce, its approach to contract manufacturing and Intel’s risk-averse and bureaucratic culture, according to the sources, who were not authorized to speak publicly.
https://www.reuters.com/technology/intel-board-member-quit-after-differences-over-chipmakers-revival-plan-2024-08-27/ https://www.reuters.com/technology/intel-board-member-quit-a...
- silisili 2y agoTan's complaints seem to be the same ones I read here over and over from ex-employees, so hopefully he can actually turn it around.
- Galanwe 2y agoThe current CEO was supposed to be a down to earth, technical, no bureaucracy guy as well.
- htrp 2y agoso he's getting knifed after 6 months and Intel will be in even worse shape?
- KerrAvon 2y agoseems to be the case
- BoredPositron 2y agoHe is exactly there to be knifed after he cut intel into easy to sell pieces.
- justahuman74 2y agoYeah I hope they negotiated a really nice severance package in the employment contract
- DebtDeflation 2y agoIt's really simple - either Intel is shipping products on 18A (Panther Lake and Clearwater Forest) by Q1 of next year or they are not, and their entire future hinges on this.
- gpm 2y agoI'm not an expert in the silicon business, but I'm pretty sure the lead time is long enough that an incoming CEO has little impact on whether or not they are shipping a new architecture in less than 12 months. Intel's valuation might hinge on it, but evaluating the CEOs success or not... that doesn't strike me as a great idea.
- brookst 2y agoAgree you can’t evaluate entirely on ship date, but you can evaluate on how well the company handles either the last year of development or pivoting and adapting if it’s late. It’s challenging times at Intel, lots of opportunity for a CEO to show great leadership either in success or adversity.
- DebtDeflation 2y agoTotally agree. Even the 3.5 years in the role that Pat Gelsinger got was insufficient to see his strategies come to fruition. At this point it's baked and there's not much anyone can do. My point isn't to assign credit/blame, it's simply to point out that Intel will not survive in its current form if they are not shipping 18A products by this time next year.
- pwarner 2y agoAgreed, and to the sibling comment who ponders if the new CEO is too late to influence this... He may be. But he needs to decide if he thinks it can be solved, and if not immediately push the fab business out. Even if it gets pushed out to bankruptcy or sold for $1. I own some Intel stock so I sure hope it works, but they need to take urgent action if it's not...
- melling 2y agoThere is no current permanent CEO. Pat Gelsinger got fired last December. I liked him but it sounds like the board got impatient. Intel trying to regain a foothold in fabs is costly and time consuming. Hopefully, they are finally able to turn it around.
- outside1234 2y ago[flagged]
- anonym29 2y agoIsn't it kind of mean-spirited and divisive to imply that people are mentally unwell for practicing religious beliefs of their choice? Would you still be saying that if he was Muslim, Jewish, or Hindu?
- falcor84 2y agoPracticing a religion in your own, and asking your employees to practice it are two very different things
- anonym29 2y agoI'm agnostic, but I wouldn't personally be offended or bothered if my Indian CEO sent out a letter asking my coworkers and I to try Hindu meditation or yoga, nor would I be offended or bothered by Pat's suggestion, nor by a suggestion that I try fasting for the month of Ramadan, etc etc. Am I misunderstanding some aspect of this? Was Pat demanding rather than asking or something like that?
- falcor84 2y agoMaybe we're just different, but I would be extremely offended by a suggestion that I fast for ramadan, just as I would if I were asked to eat kosher for a month, or to go on a vegan diet for a month, or even just to watch his favorite cooking show for a month. Whether they were suggestions, requests or demands, I find these to be unreasonable intrusions of the company into people's private lives. Asking people to pray, might be a tiny bit less intrusive, but I still find it to be unreasonable.
- anonym29 2y agoWould you be more offended by your employer contacting you during your vacation to ask you to work, or is that less offensive to you because it's less unrelated to work? Is the company asking you to go to a morale event where free food is being served less offensive? Perhaps a better way to ask what I'm trying to get at... if asking (not demanding) you to try fasting is too intrusive into your personal life, what are some examples of an appropriate amount of intrusion into your personal life for the company, by way of voluntary, optional requests? Is the problem that there's an ask with nothing offered in return? Is it that the ask isn't work-related? Is it that it's the company's leadership asking, rather than your coworker? I am a big proponent of voluntarism - I believe that voluntary interaction free of coercion is at least partially inherently ethical in a way that involunatry interactions featuring coercion aren't. I tend to give a lot of good faith leeway to voluntary interactions (requests) that I do not give to coercion (demands), so your perspective is very intriguing to me and I want to understand it better.
- Alupis 2y ago> The current CEO was supposed to be a down to earth, technical, no bureaucracy guy as well. Turning a ship the size of Intel is a super power in it's own right. Especially one with such a large entrenched bureaucracy as Intel has. Politics aside for a moment - we're seeing the death bellows of many large, entrenched bureaucracies right now with DOGE - the main difference is the fight is in full public view instead of behind closed doors. We can only imagine and speculate at the resistance Pat and others met while trying to change Intel's course. The infamous Oscar Wilde quote is very applicable: "The bureaucracy is expanding to meet the needs of the expanding bureaucracy." - Ever large bureaucracy eventually exists largely to preserve itself. This is why it is so incredibly difficult to reduce the size of a bureaucracy. Every member is convinced the organization will fail tomorrow if they are let go today, and every member fights/resists any and all changes that threaten their bureaucracy and the status quo. Best of luck to Tan - I truly hope they succeed where many have failed at Intel. AMD needs a healthy Intel to drive motivation and competition. The world will be watching.
- UltraSane 2y ago"we're seeing the death bellows of many large, entrenched bureaucracies right now with DOGE" DOGE is just Musk bribing Trump into letting him settle scores and shut down agencies that are investigating him or that he doesn't like. Finding and eliminating "inefficiency" is just another one of Musk's myriad lies. I'm shocked at how many people still consider him to have any credibility at all.
- netsharc 2y ago[flagged]
- pertymcpert 2y agoWhy is that?
- netsharc 2y agoI agree with grandparent commenter that it's shocking a lot of people (also here) think DOGE is a serious endeavour and not some slapstick bunch of people. The realization is that even in here, plenty of people's emotions cloud their ability to think.
- rickandmortyy 2y ago[dead]