Discussion Intel Nova Lake in H2-2026: Discussion Threads

[regen1]

IFS was left very untouched

No? Foundry isn't being left anywhere that way(in terms of lay-offs).

 

[511]

No? Foundry isn't being left anywhere that way(in terms of lay-offs).

It is all i have seen is layoff news for managers and software but not in foundry i have not seen process engineers and other stuff in any list

 

[regen1]

It is all i have seen is layoff news for managers and software but not in foundry i have not seen process engineers and other stuff in any list

Fab has sizable lay-offs plus some left because of continuous lay-offs.
Back in June/July there were reports of significant cuts in Foundry workers, reportedly Naga(in June) had issued internal letter regarding this. Some of the fab-related lay-offs got confirmed later.
As for lay-offs many sections of Intel had cuts.
At some level Intel's narrative focused on portraying"we are just getting rid of unnecessary managers" is nonsense when you are firing tens of thousands of guys.

 

[511]

Fab has sizable lay-offs plus some left because of continuous lay-offs.
Back in June/July there were reports of significant cuts in Foundry workers, reportedly Naga(in June) had issued internal letter regarding this. Some of the fab-related lay-offs got confirmed later.
As for lay-offs many sections of Intel had cuts.
At some level Intel's narrative focused on portraying"we are just getting rid of unnecessary managers" is nonsense when you are firing tens of thousands of guys.

well don't forget they cut most of the marketing department as well

 

[regen1]

well don't forget they cut most of the marketing department as well

Yeah, that they did and got Accenture+AI to assist with that.

 

[511]

On the layoffs I forgot Altera and Mobileye also had their employee count removed from Intel

 

[regen1]

On the layoffs I forgot Altera and Mobileye also had their employee count removed from Intel

Altera count was done(after divestiture) but there's also argument that it was sold during FPGA down-cycle and might have got lot better value if they could hold and try selling later.

I guess majority of worker separation to Mobileye was done some years back during its IPO spin-off from Intel and post-transition.
They have sold some shares recently and there's also possibility of completely giving up their position in Mobileye but that's different.

As far as Intel's lay-offs are concerned they are still continuing. They have indicated to get the headcount even lower by the year-end.