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Ahahah, 15000 poor souls lose there jobs. Meanwhile intel ceo still refusing to take Responsibility. The lawsuit is becoming more and more real everyday.
Ive been waiting so bad for steve to drop another video on intel after that happened Same with the guy in /r/hardware who has intel trying to claim his microcenter+amazon 14000 series were somehow counterfit
@@chikachika7554 well, maybe if this CEO would receive 15 million less, it would help to save some thousands of jobs. Also, according to the video there are other CEOs that make even more money. I just think it woul be better to save tens of millions of dollars involving only three people instead of thousands. Also, these CEOs already are rich and these employees probably need much more their monthly salary.
@@chikachika7554 its 16 mil for the CEO only. When you add up the board of directors, head of departments, expense on company jets, hotel expenses and more it adds up and fast. Ofc this is also a common pattern of every big company ever. Things go south, people in production get fired, now its even more difficult to break even and eventually company goes bankrupt, while management walks off with hundreds of millions in bonuses and severence packages for the job well done. If there is trouble and you have to fire people it is not hard to take a pay cut when you make 16 mil a year, no?
Gee the world has had enough of lying and cheating US companies. It is time that US politicians must stop with protecting these shit companies, otherwise the EU will start.
@@chikachika7554 Taking a paycut is a way to signal responsibility. It will not save the company in terms of finance, but it sends a signal to everyone that tough times are ahead, but responsibility is shared. Cutting jobs may be necessary, but when you raise your bonus AND at the same time lay off workers because the company is doing poorly speaks volumes about management engagement in the fate of the company. Also morale.
I won't say never myself, as Intel has their moments like the first few Core i* gens where they just flew on single-thread perf (and so far at least two Netburst moments to torch some of that interest), but I really went from seeing Intel and AMD desktop/mobile chips as roughly equivalent to seeing AMD as the only option I'm willing to throw a dime at if I need to in the next, oh iunno, probably decade.
@@StopChangingUsernamesRU-vid Yeah, never stay loyal to a brand forever. AMD has pulled shady stuff in the past as well. Always research the current products and don't just buy the brand because their product was good in the past or assume the brand is bad because they were bad in the past.
Executives are seen as heartless for a few reasons. One, typically, they get positions that they aren't qualified for, only because they have connections. Nepotism, basically. And the main reason... is because they're on various drugs. Not things like, coke or heroin. But like, speed, etc.
Not accepting RMAs before is breach of warranty, blaming motherboard manufacturers is defamation, continuing to sell CPUs they knew would degrade is basically fraud. There should be a lot of lawsuits over all this.
@@seeibe They actually don't, because they're stuck in the past. It's AMD who is doing the influencer marketing. You're living proof of their brainwashing.
@@The13thRonin Not dead. Hard to find outside of indie news, nonprofits, etc, but corporation-owned media outlets occasionally show great work as well, when they're allowed to. Everybody's got their own editorial slant~
Just a reminder, this is all coming from papa Pat Gelsinger, who said this at the beginning of 2022: "AMD in the rearview mirror in clients, and never again will they be in the windshield; we are just leading the market." I thought it was an astoundingly stupid and short sighted thing to say then, and I've enjoyed thinking about it at basically every Intel earnings call for the past couple of years. But the bigger point, which is now being driven home in truly epic fashion, is that Intel execs' own hubris is the root cause for pretty much all their woes. Maybe Pat was/is an engineer, but he's sure doing a good job convincing me he went to night school for an MBA or something after becoming CEO.
And he sure as hell did a good job making me a future AMD only buyer...I still believe AMD is in bed with NVIDIA on pricing, but god anything is better than intel right now...
@@goldenhate6649Not entirely disagreeing - though I'm not sure it's as much fixed pricing, as it is "opportunisme offered by Nvidia increasing their prices" - taking a risk/chance at it allowing AMD to increase their profits. In either case, it sucks - for us, the consumers.
Hmm... Intel is cutting 15% of its workforce (around 17,000 jobs) -- just months after receiving $8.5 billion in federal grant money to help bring back chipmaking to the U.S.
Their FABs are "delayed," or construction ceased completely. Cancelled plans as well as just sitting doing nothing. It seems to me they want out of FAB and are not going to honour their commitments. The whole thing is a mess.
It's crazy how well this lines up with The Narcissist's Prayer "That didn't happen. And if it did, it wasn't that bad. And if it was, that's not a big deal. And if it is, that's not my fault. And if it was, I didn't mean it. And if I did, you deserved it." I think the only part missing is the final one.
Before I say this, I want to be clear that I am not saying that intel is not at fault here. They are horribly at fault. Rather, I want to get across just how screwed the American processor market is going to be. Intel used to have a profit of anywhere from $8 to $20 billion a year. Their revenue has been declining each year, but more importantly, they're not profit by a much larger margin. On $54 billion of revenue, they had $1.4 billion in profit. $1.4 billion in profit sounds amazing, but that is a profit margin of about two or three percent. That's horrible. The reason this is horrible when you have such a low profit margin is that there is such a small margin of error. Making $1.4 billion on $2 or $3 billion in revenue is awesome. Making $1.4 billion or $1.6 billion on $54 billion in revenue is terrible because any very small deviation will set you off path to losing insane amounts of money. I can't find exact numbers on how many of these processors Intel sold, or average price. So I'm just going to pull some figures Out of thin air to demonstrate the point. Let's say the global PC market is about 200 million PCs a year. Let's assume that Intel has 50% market share and that these processors are $100 each. These are very conservative numbers. This would come out to somewhere around $1 billion in refunds. If they're making $1.6 billion in net profit last year before that $8 billion, year before that $20 billion, they are on their way to being negative $5 or negative $10 billion given the declining revenue and their horribly declining reputation. It's easy to imagine the refunds for this being in the range of one to five billion dollars if they were to actually take full accountability and responsibility. Having one year's worth of refunds or RMA's be worth multiples of your net profit as your revenue and net profit is declining by leaps and bounds each year means Intel not being a company a few years from now if they don't play their cards right. I 100% believe that Intel should be held to task and held accountable and responsible for every single defective product they sold to a customer. That is the only right answer, and it is what must be done. At the same time, this is not just something that is bad for Intel. This is also going to be bad for us when one of the major American processor companies potentially goes out of business. Surely there would be some venture capital firm or bank or a large investor that purchases the company for scraps like vultures, but during that time period the company is likely not going to be keeping up to date and being competitive or able to be competitive with their offerings, which means that other companies making processors (which for desktops and laptops are few and far between) Now have the luxury of playing the game on easy mode. I can see other companies beating Intel, ARM stuff in the laptop arena with Apple's processors and AMD and every other arena. But the reason that they have to stay on top is because they realize that if they get lazy, that Intel will eat their lunch. That pressure on other manufactures going away is not good for the consumer As it allows other companies to get lazier with what they are building. Again, I am not saying this to say that Intel should not take responsibility. They should have to take the same amount of responsibility that I have in the past when I realized that I had defective parts that I put in customer devices. The only acceptable thing when I figured this out was to email and phone call each and every one of them and offer them a replacement along with a warranty that was extended several years past the one-year warranty that we offer. Nothing short of this would be acceptable, and my customers who have received these emails know what I'm talking about. If you only respond to the issue or admit there is an issue once your customers are already fully aware of it, it doesn't matter because that means your intention was to try and pretend it wasn't there to get around taking responsibility financially all along. The only right thing to do is to help your customers before they even realize there is an issue. But even if Intel takes full accountability and responsibility for this, which they damn well better, this is not only going to hurt Intel. We're talking about tens of billions of dollars of societal resources that have been completely wasted on this, and that is going to affect everyone because of Intel's mistakes. Everyone makes mistakes when it comes to design, and as long as you are open to admitting Your mistakes, it is forgivable. Yet the ramifications of this mistake might end up not only hurting intel, but seriously harming consumers for several years to come. You can't have tens of billions of dollars get lit on fire and have that, not have ripple effects throughout the industry. Because those tens of billions of dollars represent wasted silicon, wasted engineering time, wasted fabrication. Even if Intel does fully cover every single customer, no BS, no excuses, releases a full recall program, I am still sad for the fact that this happened as it is going to negatively affect the industry for years to come in the form of higher prices, less competition, and shittier processors across the board.
While intel only reports a profit of 1.4 Billion, this is due to them shuffling money around and Stock buybacks to inflate stock price and everything else these garbage companies due to reduce their 'profit' on paper so they dont have to pay as much in Taxes. Since taxes are based on reported income. Im surprised that Rossman didnt point this out at all as he would be aware more then most about how this works.
As someone who works for a currently embattled, once great, America manufacturer who's CEO also received a 45% pay increase while cutting back rank and file benefits, this stuff is beyond infuriating.
it's common for decades they swoop in for often 2-3 years, make cuts, outsource everything and strip the companies asset's, and unempower all the employee's for short term massive profits and pay packets then move on to the next business after getting 100m's in stocks and golden parachutes etc - laws need to change!
One time I got a payment in the mail for $5 for my credit bureau getting hacked and losing my ssn and info to hackers..... I'd be suprised if customers get more than $20 back in a decade loool
Family member just got a check for over $500 from a class action suit of 130k "litigants". Not as many victims as most class actions, but she was happy with the extra money!
@@2hotscot people like your family member are the dream client for class action lawyers. Lawyers don't want to disclose the actual share of money that goes towards the claimants, cuz then the claimants might not accept until they get a bigger slice of the pie
10 days into an RMA request. Only reaponse I've gotten is "here's our specs, make sure you're running them. We'll talk again in a month." Terrible customer service. The thought of going through this a 2nd tine is sickening.
im also on my second RMA mine was quite fast in process but they wanted a lot of troubleshooting from my side to prove its not my outdated bios, ram, microcodes, drivers etc
@@NonsensGamingIt goes without saying but just a reminder to everyone that you never enabled XMP. While they'd be insane to hold that against people now, it could delay the RMA and any corporation in the middle the wall street high dive isn't your friend.
Same, been trying to get an RMA for 2 weeks. had to repeat to them 3 times I already did everything they suggested sughested. Nothing nut crickets for the last week
Bought a raptop lake in a laptop last year. It's now a paper weight. No recall and they aren't doing one. Retailer zero help, manufacture of the machine doesn't care. I've been on intel chips for 25 years. Even stuck with them after seeing and hearing a lot of it turn in the last few years. They lost a customer for life. I'll never buy one again.
Guys install the intel tweaking utility look it up and check out some guides... you can undervolt plus power limit and raise the fan speeds so the processor doesn't get too hot. If you can I'd also open it up do a thorough cleaning and put new thermal paste on it. I got a 13980hx and I've been undervolting it since day one. Heck you can also disable some e-cores as well that should help keep it at a cooler temperature and use the power you are giving it more efficiently... got mine 8/8 disabled half the e-cores. So far so good and performance basically feels just as fast outside of doing anything that could use those extra 8 e-cores... but it's not a big deal or difference even outside of that scenario. It is what it is... this sucks but if you properly tweak your system you can basically render it a non issue.
@@PeremptorValuable tips and advice! But sadly consumers shouldn't be having to do this just so their computer works as they expect, having to sacrifice performance (which was a main selling point) just to keep the chip from frying itself is still disgraceful
@@Peremptor Thanks for the tip but mine is too far gone. It basically has to run at a tenth of the power to not bsod everywhere. If it wasn't a laptop I would just buy a new one and wait for the updates but it's past the point of no return. I've already built AMD for new desktop since I was due there. My old skylake was also overheating. It's time to wash my hands of intel. Lesson learned.
Thank you GN for your quality journalism. It helped a lot. My new i9-13900K (Tray) cost me 600 Euros in Feb 2023. What I got for my money was one whole year of frustration, not being productive, troubleshooting and searching for the cause, not making music. In Germany we have 2 years of warranty guaranteed by law, but with the reversal of the burden of proof after the 1st year. Ofc my CPU was over the 1st year when I asked for RMA. The vendor said CPUs rarely fail and denied it. That was in April. Asking them again in July with links to GN's videos I finally got approved for RMA. My next system will not be Intel and I won't recommend them to anyone.
@@remixedcat Emphasis on BIG (bullet). It was such a pain in the butt not knowing why things crashed randomly. It really sucked the joy out of making music. P.S.: Those are some legit beats, subbed.
Intel tried to blame motherboard manufacturers for doing something that has been a standard practice in the industry for around 2 decades. And other tech influences backed them up. But we knew it was BS. Thanks Steve.
@@sinAnon6689 it’s so weird people take the side you do. Like on any topic. You know intel did wrong, it’s proven. But you have no proof of motherboard manufacturers doing so? Why even take this side and play devils advocate for a corporation who’s trying to get one over on people? What does it do for you? Like mentally is it stimulating to be hated or on the wrong side? Is it joyful trying to take a weird stand on something when you know the facts? Why? Edit cuz I know this sounded like a rude comment but I genuinely want to know why? I see it more and more. Genuinely why do you play devils advocate for a corporation?
@@hung8969intel fucked up by not giving clear guidance on what manufacturers can do with CPUs out of the box in their mobos, that's on them, but mobo manufacturers are also to blame for pushing the CPUs too far, it's not complicated, only somebody biased would suggest mobo manufacturers aren't also partly at fault, sure not as much as Intel, far from it, but still partly at fault.
this is why i don't buy any usa products if its from corporation. because ever since 2020 corps has became scam artist in a business suit for "stockholders"
Echoes of GE and Jack Welch. The only words that seem to describe the situation are "corporate looting". Shareholders squeeze everything out of a legacy brand til it shrivels up and then move on to the next one.
@@XIIchiron78 interesting reading, I didn’t know that story but yes, quick value adds with wide spread firing and cost cutting, avoiding problems, this video is like the court case where the murderer is shown every sneaky thing he did in an attempt to cover up what he’s done. Appalling
@@zacharyberridge7239 Inflation is not "natural"; it's designed. All money in existence is owed back with interest, making it a scheme devised and implemented by the rich and powerful. Corporate greed is a symptom of capitalism and a direct result of it. People often stop short of criticizing the economic system itself. In a capitalist market system, greed is expected. An economy is a system through which resources are managed, allocated, and utilized to meet the needs and desires of a population. It focuses on the efficient and sustainable use of available resources to produce goods and services, ensuring these resources are not wasted and can support future generations. This system involves production, distribution, and consumption, aiming to balance supply and demand while preserving the environment and promoting long-term viability. Fractional reserve banking and capitalism do not constitute an economy; they function as an anti-economy.
@@zacharyberridge7239 There can be no ethical CEOs. If a CEO put anything before profit. They would be immediately replaced by the board. This is a systemic issue.
There's some kind of delusional thinking that sets in with these large companies. And it's that if you incentivize the CEO enough they will magically pull the company from the brink.
The bias on Reddit by admins is almost universal in regards to supporting and covering for companies on communities that cover products by them. This applies to toy companies, game companies, and film companies like Disney. People tend to forget things like the Id fiasco with Mick Gordon and how he was initially buried on Reddit before the truth finally came out in a overwhelming manner. Things like that actually happen often on Reddit.
It's why I don't really trust Reddit for good faith discourse. These Reddit admins think way too highly of themselves to warrant trying to make decent discourse. Like, good job, you made it to being an admin on a niche forum. Still won't make you likable if you suck as a person.
THIS IS CRAZY! im the guy that posted on asus forums about the microcode temperature change! i thought i was going crazy about what was going on with the cpu but seeing my post on a GN video was a fucking trip! great video! i hope to see more parts :)
@@mikeh6423 0x104 is an extremely early beta microcode that has bugged temperature readings. It was built 6 months before raptor launch. It also performs worse, so don’t use it.
It was great being at a work celebration for a new product meeting a milestone on its way to being shipped, then immediately after it was over getting an email about the job losses and cuts. Then listening in on the All Company Meeting and being told our benefits are being cut/reduced. Made that party in which they rented a cotton candy machine, and bought tons of food seem extravagant. There's another celebration coming up, maybe I need to start looking for a new job... P.S Thanks for including the part about the cuts GN, Intel is failing its customers and its employees.
Intel: "Our policy remains in place" Consumer: "Whats the policy?" Intel: Our policy is "Sorry an error occurred please try again later, please note do not respond to this email, if your ticket isn't updated in 3 hours it will be closed. Thank you for contacting Intel customer support have a wonderful day"
@@feralgator1863 gona steal that quote, its perfect. The "Gaben Gambit" should become an officially recognized strategy maybe one day we see it in Economics books
Remember all their disclaimers about overclocking listing to shorter CPU life? Yeah... About that. Turns out they ran them at their overclocked, overvolted max from factory. Oops!
I always felt like that was more or less what they were doing. They haven't been able to keep up with AMD on the GPU side so far, AMD's newer Ryzens also just perform better for the most part, so just to remain relevant, Intel makes themselves the fastest by virtue of being the most power hungry.
I absolutely root for you keeping your job, but if the corpo shills decide otherwise, please think that it's probably a better outcome for you in the long run.
Good luck mate, sorry for the feelings of instability brought on to you. Get out ahead of it and quietly get your resume out on the job market now. Searching is not committing, it’s just smart and practical. That’s what I’m doing.
As someone who couldn't emotionally handle the first round of CPM and layoffs last year at Intel, it took me about 6 months to get an offer elsewhere. Best to update your resume and start looking now if you're not already since it might take some time, just in case. Also, likely anywhere else you go now will be a lot better, whether it's Qualcomm, AMD, Apple, NVIDIA, Samsung, etc. Wishing you all the best.
@@endemion06463 Free speech means your government can't keep you from speaking. It doesn't mean people who own Twitter accounts are obligated to read your posts.
@@endemion06463The only way that would be true for Twitter is if we nationalize it. Of course, then all revenue could be used for moderation and platform development with no need for profit extraction… probs be a pretty good platform
I remember AMD coming out with the bulldozer CPU (faildozer) and ever since then, they have been rising tremendously. It has been a complete swap between intel and AMD, it’s really incredible how that happened. Very thankful I chose AMD for my workstation build.
@LaiosKnight I remember when Dr Sue took the stage and basically said "we messed up, bulldozer has failed, we are going back to the drawing board and start from scratch". It takes a lot of courage to admit failure, especially if the whole world is watching. She, and with her AMD as a whole, gained a ton of respect by that move.
Worked at Intel for 25 years......I witnessed it start sinking over time. Internally, it's such a toxic & dysfunctional working environment that it's no wonder they're crashing & burning. So glad I'm no longer there. Consquently, the free fruit & beverage program ran Intel more or less 20 million per year (when they go into cost cutting mode, they look at everything - including other items which end up being detrimental to internal functions/operations).
@@andersjjensen Yes I was a contractor there (upper management). There was a big push by Corporate Services to improve the relationship between contractors (green) and Intel (blue) employees because vendors were treated like 2nd class citizens. It never stuck. It was brutal.
@@Michael_RareZebra just fire people that misbehave, fuk their skills.. if you can not work in a team you can fk off as your workforce will go under anyway😮
I'm so glad people 1000x more informed on this topic, are finally digging at it. I thought my brand new, cutting edge PC that I built myself, had issues I couldn't resolve. I went through hell doing BIOS flashes, driver wipes and reinstalls, editing configs, reinstalling windows, even fully replaced both motherboard and RAM. Only thing that solved my problems was undervolting/underclocking my CPU, which i guess inadvertently solved some of my issues. As someone who spent over $4000USD on a brand new PC at the height of scalpers in the Covid market (I didn't pay scalper price, it just took 3 months of checking every day to get the parts when they were in stock), I'm fucking furious at the quality control of this. I cannot WAIT for Intel to do absolutely fucking nothing about it, not issue recalls, not issue any credit, and just act like it never happened. AMD just won the CPU race because of this colossal blunder.
I want my Disappointment Comforter. After building a 13600k system, will need one. System is now running in non threaded mode, etc, justy to hobble along until I finish my new AMD machine. AMD messed up, and fixed things for customers. Intel? Yeah. Scumbag isn't the word for it.
I think there's going to be an purely Intel-Edition Disappointment Shirt. Not even joking one bit. The amount of hubris and resulting in their product quality/service train crash is definitely a lot to digest.
This year the shirt requires a matching pant to continue the list…. No! Now the shorts, the one after -> the pant. First with one long leg along with the announcement that the year after there will be one with two. And when this is done, we take care of the malfunctioning zippers and come up with a crazy idea, called buttons.
Intel's strategy worked phenomenally. They posted an article blaming motherboard manufacturers for high voltage causing CPU degradation, then waited for tech journalists to run the headline before admitting that the real issue is a silicon-level defect. The microcode and BIOS updates certainly look like band-aid fixes, meant to delay the flaw from presenting until the warranty expires.
Not defending Intel, but it is possible that they investigated the issue finding genuine motherboard issues. And while clearly that was not the root cause Intel may not have known that at the time.
Any Aussies reading the comments.... if this effects you PLEASE contact the ACCC. The way the Australia consumer protection watchdog is setup its very difficult for it to launch an investigation until a victim complains. And the ACCC REALLY needs to step in here.
Just got myself a 12900ks for $499 aud, I am guessing since people will be staying away from 13900s and 14900s now is the best time to sell the older i9 😂
Aussie here....is there a specific email address to use or reference of existing submission we can quote. Just worried that unless there is avalanche of submissions they may treat individual complaints as blip as they don't make the connection.
I believe that 13/14th gen processors should be pulled from the shelves of sellers so users can't buy a defective product and get rejected by RMA. This has got to be illegal. Faulty products should not be for sale without user accessible refunds!
So let me get this correct. CEO and the boardmembers made terrible decisions. Consequence result in regular joes losing their job while CEO and board members get a payout. I...don't understand how any of this is legal.
Something is fishy on the financial side. So they get $8 billion in direct federal aid, then suddenly announce the need to slash $10 billion in running costs, even though they weren’t in such dire straits not so long ago.
I wish we would actually know where the amount of Money is going or going through. Its such a tangled mess with Mountains of paper-work of so many different levels in the Company that its basically impossible to know what is going on with that Aid money. Probably somewhere it shouldnt be.
Corporations have a strong history of pocketing federal "aid". It's a game between Congress and shareholders. And then they turn around and tighten the screws on the taxpayers who funded the corporate/congressional socialism. Look into US ISPs. It's straight up dystopian.
It’s not that complicated, but certainly not in the open clearly for everyone to see and understand. The money is for new future processes, for new fabs, provided you hit certain milestones first yield and performance. Again FUTURE processes, Not existing ones. Currently, Intel is not doing well because competition is good vs Intel products and Intel is not fabless so still has fixed costs of operating its current factories. IDM strategy is supposed to change that. In the mean time there is less stuff to sell and therefore needs cost cutting now
Its funny, I saw an article the other day that said "hold on to your Intel stock." Which to me read "please don't sell intel stock, I'm a major shareholdrr paying the media to write this!
Retail stock holders don’t prop up companies. If you’re an Intel stock holder and don’t want to take a hit, don’t feel bad about holding it long term to recoup your losses.
Recalling is obviously a huge problem for both the manufacturer and the customer. But not doing a recall is even worse. Customer confidence in Intel will be very low in the following 5-15 years. If they don't recall now, what makes you think they will recall in the future? You'll just be stuck with a non functioning CPU ? No thanks.
The level of immaturity and unprofessional behavior Intel has demonstrated over the last few years is truly shocking. They have a much bigger problem than defective CPUs, a lack of an adult in a very big room.
The Fact that they knew they needed a complete CPU redesign for years and instead of biting the bullet they just made minor changes after minor changes.
Now that I know he's an Intel shill, I can understand why he claims in his reviews that most of the better AIO's are capable of handling more than 300 watts.
One good thing coming out of this might just be a larger mass of users trying AMD CPUs for the first time and realizing they're not as bad as they thought.
When I was a contractor at the Intel fabs, there were no hot Lots, your wafers went step by step through the line and *nothing could cut in place of it.* Those were years when the yield manufacturing defect (YMD) stats were fantastic. They've been declining ever since and it's been a struggle for them.
@@mikefromwa "Do you what it right, or do you want it Friday?" Probably there's serious technical challenges when working with such tiny amounts of material, such high amperage, voltage and heat. The high energy, high clock rate, the positive and negative doped materials against each other, must have serious effect on material design, lifetime and degradation. Intel have struggled in recent years with fabrication. China wants Taiwan, which will also mean TSMC. And intel is trying to build a new fab in USA in case of serious issues with China, shipping, blockades, and worse in the Far East. Would be interesting to see genuine experts on the area tell us about the challenges, probable issues that intel are having, solutions etc.
Thanks for noticing! Andrew added those probably around 6-8 years ago now and it remains one of his best ideas for the video templating. I'll let him know you like them!
@@GamersNexus The funny thing about that? I fast-forward/skip things in your videos much less than others because I know what I'm getting as I watch it. ;)
@@GamersNexusVery good decision. I'm so used to always pause and read. Then I have an unknown amount of time to listen to the speaker repeat some of the text I have already read. With the flowing bar, I can deduce if I need to pause or not. And the flowing speed will also tell me if you will read all the visible text so I can liaten, or if I need to hurry and read everything before the text is removed. That feature alone is worth an extra chrismas present for the one suggesting it. It makes the videos 5x better. Which counts a lot when the videos was great even before...
Another problem with the "keep RMAing it over and over" thing is the fact that Intel threatens to confiscate your CPU each time you do it, because they accuse some people of having tray processors or counterfeit processors for no reason.
If that's actually happening, that is insane behavior and unacceptable. Intel should KNOW whether a CPU is a tray or boxed model based on the serial number, which is required to get an RMA. Just goes to show you can't trust corporations as far as you can throw them, and even more reason to keep keep your CPU boxes.
The CEO needs to be replaced ASAP. Cutting 15,000k jobs while retaining the CEO is just insane. Building an AMD system this last time around has been a great decision. Officially an AMD Fanboy now. lol
That sabbatical change is actually huge, it's always been 8 weeks every 7 years (with an option for 4 weeks at 4 years instead, introduced about ten years ago), so this is halving the benefit, functionally removing about 3 working days a year of paid vacation. The use it or lose it change is just a reduction from 3 years to 2 which isn't as big a deal (but could make it more difficult for some large teams to schedule their time off around each other as easily).
If you search Intel Sabbatical Program their public facing US benefits website still has the current plan up at least as of this moment (can't post links on YT). To quote the relevant section: "A hallmark of Intel is our extraordinary sabbatical program established over 30 years ago. Sabbaticals give employees the option to celebrate their fourth anniversary at Intel with four weeks off with full pay, or their seventh with eight weeks-all in addition to regular vacation time."
I retired several years back but still have friends working there; I'm interested in hearing from them how they feel about this, and wonder when it will be implemented and how (if it's effective immediately, imagine being 6.5 years into your 7 year wait and looking forward to 8 weeks off soon that just became 4).
@@Xiuhtecas you used to work at Intel I'm sure you know they'll probably put some stipulations up where if you're in your 6th or 7th year you get the old plan or something. My Dad used to work there as a blue badge in Hillsboro Oregon. He got laid off during the last huge layoff I don't know 12 years ago? They paid him his entire sabbatical even though he wasn't there yet along with quite a few other things so I don't think they'll just screw their current employees like that. They are usually pretty fair
@@dudebroguymateI think he tried to say add 85% to 15%, not cut 85% from the 85% of the staff left. I don't think his wording suggests the latter since he says "additional".
You are not going to solve the problems by "chopping the wood." The problem lies with the petrified wood, which is the inept top management drawing huge salaries and bureaucracy. That's what happens with big corporations... they become top heavy, forget the vision, get blinded by short term gains and they forget about their customers' satisfaction.
Intel may lose confidence from customers, investors, and the media due to this controversy. On the bright side, they'll always have the confidence of userbenchmark.
that place makes some pitty little i3s look better than ryzen 7... yeah that site is as shady as intel and wouldn't be shocked at all if they were ran by them
I hope that recording is compressed 10 times because there is no excuse for a CEO of a multi billion dollar company to have such low quality sound/video/everything
I wonder if the CEO signed off on running higher voltages across the board to try and approach a win over AMD. My thinking is it was something only meant to be on products bound for reviewers. Pretty slimy if true.
That is corporativism in it's more disgusting and powerful form. Incompetent, unskilled, dishonest people patting each others backs while stuffing their pockets with money through promotions and bonuses, while watching the company die and not giving a single fuck about the employers lifes.
The more money someone has, the more of an empathy deficit they have. There are very few exceptions to this rule. Elon Musk becoming the former richest person in the world went hand in hand with him embracing extreme right wing politics. I went to school with people like Elon Musk. I'd bet he bought his way into the British Public School System and couldn't actually meet the minimum IQ requirement which, at my school, was a relatively low 125.
Intel: We have lost $10 billion due to *unexpected minor processor degradation.* What can we do to limit these losses? Also Intel: Removing the free fruit for our employees should help!
Everyone knows getting scurvy makes you feel more like a pirate, then they can steal some ideas to screw over the consumers from other large corporations.
First time here? Gamers Nexus is the angriest most vicious Rottweiler in the PC consumer protection game. And they're shrewd as hell. They'll approach the topic in good faith, but as soon as they smell something fishy they will give the other side every opportunity to hang themselves.
As an employee who cannot make ends meet month to month and got an 8 percent raise to comoensate for the last 2 years of austerity measures they put un place and to see that he got a 45 percent raise is infuriating bc they tell us that intel is a meritocracy. If we work hard and the harder we work they will compensate us 😅 the harder ive worked the more money i keep losing due to inflation and losses that executives had all the control of
Employees suffer while executives thrive, this has to stop. Layoff and benefit cuts while executives get raises? The same thing is happening at many employers. We've let so many people go that we've "run out" of severance package funding (which is two weeks plus one for each year of service.) and they are now writing people up for random bull shit to be able to fire vs layoff. Meanwhile our executives gave themselves record raises and bonuses and are some of the highest paid in the industry.
This is due to MBA Private Equity mindset which is rampant everywhere. This impending market crash is going to have to reset the top levels. "How could we have known?!"
I think Execs are also at risk on being on the chopping block. Usually cases like these cause board level meetings (board members are usually external to the organization). Execs of the departments would need to present findings or lack of process which may have caused the issue. Usually in smaller orgs the excuses are "we didnt have enough funding so we couldnt do adequate testing before the due date due to headcount etc.." In this case though, Intel is a billion dollar company, bs excuses like that doesn't fly. The fact that Intel stated their labs crew were operating with a "skeleton staff" just screams execs attempt to protect themselves from being held accountable and essentiallly blaming the board to reduce overhead costs to increase profits.
The 15% being laid off are likely all engineers and techs who actually know what's going on and how to make tongs. Meanwhile upper management will get bonuses for saving money by firing employees. I doubt any management will get canned. Good year, management takes credit. Bad year, will it must be all the bottom employees dragging us down.
It's about time though, the gap in the market will create a huge opportunity for Chinese to ramp up their R&D and silicon/semiconductor industry as-if they haven't already been doing that! Apart from that Intel loses on it's own game on it's own turf.. esp with AMD Ryzen - What a shame!
Intel own goal. The people being laid off are the ones who can improve Intel's architecture to compete against AMD and ARM, instead of just chasing clock speed and throwing a ton of power at the problem.
This is tech journalism! LTT, MKBHD, and others could learn a thing. Instead of virtue signalling, pretending to care about the consumer while lining pockets with money, GN actually pushes to find stories that help their audience. Hats off!
MKBHD didn't do anything. People just seem to hate him and blame him for things. LTT is actually terrible though. DO people hate MKBHD because he's black? The hate makes no sense. He says nothing bad about anyone, ever. That's his brand.
@@TheUAProdigy don't get too sit with CEO if you really review their products Truthfully...MKBHD is lying scammer...he lies about apple and Tesla...how did he lie about Cybertruck and apple VR go watch it...
@@TheUAProdigy His interview with Tim Cook is a complete puff piece. He never asks any hard and/or relevant question nor pushes back on obvious bullshit he's spewing. As a reviewer, either you represent the consumer's interests, or the companies'. Therefore "doing nothing" in this regard shows he's clearly not willing to represent customer's concerns.
Steve. They are now saying 65w and over parts only because they know that the sub 65w parts have a low probability to fail during the warranty period. The problem is still there at silicon level but does not present or degrade as quickly as the higher end SKUs purely because it's not being run at those higher frequencies, voltages and thermals. They know they are going to have to eat a shit sandwich on this one so now they are just trying to make sure it's only two slices and not half a loaf.
I never had a CPU die since I got my first computer about 23 years ago. Anything that hasen't been recycled yet still works, it's just outdated. Not getting a computer with an Intel CPU for my next computer. Can't trust them, they sold faulty CPUs and blamed everyone else.
It might also be a lazy way to try to exclude the 13th gen CPUs that actually use Alder Lake dies without farther calling attention to the fact that their website misleadingly lists such processors as "Raptor Lake" and just "taking it on the chin" that the a couple 13th gen Alder Lake i5s may get in the mix which would also explain the phrasing that not all CPU models on their provided list may actually be susceptible. (for reference, an easy tell is to look at the rated JDEC DDR5 speeds for a given SKU on Intel's site: anything with an Alder Lake die lists DDR5-4800 such as seen on the i9-12900KS and i5-13600 non-K, while anything with a Raptor Lake die lists DDR5-5600 such as seen on the i5-13600K/F, i7-13700 non-K, and i9-14900KS)
8:40 - "We do not take this lightly, and we have carefuly considered the impact this will have on the intel family..." Oh, so Intel treats itself and their employees as family, too? You know, every single company I've ever worked with that pushed the narrative of everyone being a family ended up being the worst professional experiences I've ever had, from gaslighting to borderline blackmail. That might actually explain a lot of this crap. The whole company is probably rotting inside.
I think you are reading into it too much TBH, it does not sound like they are calling their workforce all a family. It's being used in the same vein of the word 'branding' here.
CEO - "Intel family" no it's a business you treat it like a business so your employees will treat it like a business, they owe no loyalty to you as you show no loyalty to them, they are not sacrificing anything for "the family". The USA needs proper employment laws.
"Company family", " responsibility", "synergy", " though times on us all", "small measures and changes", " eliviate doubts", "not to worry". God I love corporate speak.
The USA definitely needs to leave the 1850s *quickly* as far as worker's rights go, yes. (I'd be more generous, but considering German public Healtcare started in 1883, there'S only so much room and that sounds about right for "middle of the Industrial revolution")
@@Phizev This is very true many CEO's are to their employees how they are to their own family and I don't mean they are good to them, power and money dehumanizes some.
The US tends to treat business firings or hirings as being the wild west of whatever, long as you're not on a disability. They're proud of it to bc you can just "go work for someone better" lol
Whats the best part about GN? Their moral and willingness to "intel" all their bridges doing videos like this. I just wish there was more that would stick their neck out and stand up to these insane comapnies, while still keeping it all clean AND at the same time almost making comedy out of this tragedy. GN is the place to go for good hard facts and a ton of good laughs. Thanks for all the work to all of you at GN
Good god, if I was a low level employee and I happened to be in that call and they said they were cutting 15-20% of the workforce, I'd have lost my collective shit and went off on the exec'c. Absolutely insane they give one a 15% bump from 11.5Mil a year to some 15/16Mil. This is why I despise corp America. It's no different than the FinTech I work for except that we're not cutting people. While $5Mil wouldn't make much of a difference for that amount of cuts, perhaps cutting those CEO salaries to say, idk, $250k a year which is way more than what most need yearly to live comfortably in the US. That other $30-50Mil a year that those 3 big wigs make would easily help to float those cuts. It's astonishing the amount of greed we see these days in bloated salaries. No one needs $15 Mil/Yr.
"You take the population of vehicles in the field (A) and multiple it by the probable rate of failure (B), then multiply the result by the average cost of an out-of-court settlement (C). A times B times C equals X. This is what it will cost if we don't initiate a recall. If X is greater than the cost of a recall, we recall the cars and no one gets hurt. If X is less than the cost of a recall, then we don't recall."
whenever I see videos like these, that you put out, I think to myself "maybe I can find a use for a mat". you definitely deserve our support, with the whole timeline, screenshots, sources from all over the place... I can say that you are among the few I can say are journalists. you set and rise the bar for everyone that reports on anything. thank you
Why? You don't need a 3k pc. Get an Asrock deskmeet x300, 4 sticks of timetec memory from the QVL, and 5600 and arc a380, a good nvme drive with TLC and dram cache and you are looking at about $550
Corporations cannot be trusted. AMD is a corporation too. They look good now, because they stopped a bad shipment before it left their warehouse, but we don't know how they'd behave in the same situation. Although AMD doesn't fab it's chips so perfect analogue isn't really possible.
Skynet failed to launch today when it unexpectedly had a blue screen of death. Engineers looking at the problem are not certain whether it was caused by Intel CPU chips or a Crowdstrike update.
Guess they have to make a lite version which can run on an ardurino powered by a potato battery, which is only capable of insulting mankind with passive aggressive remarks.
One thing that drew me in to my current company. In the interview they let me know that 1st thing they do if they need to save money is the CEO doesn't take salary for that month. If more cost savings are needed everyone is put on a 4 day week. instead of putting the select few on leave or fired and the CEO making the same money as always. Benefits of the CEO being the owner.
That's really nice! Please remember that these 'benefits' can still be taken away until the day they are written into enforceable law. Still, good for you guys!
Like you said Intel has already decided that settling a class action lawsuit will be cheaper. Don't look for anything from Intel to fix this. When it's all said and done they will payout something like $30-$50 per customer plus legal fees as opposed to replacing all the defective CPU's. Class action lawsuit here we come.
In most class action lawsuits the victims only get like $5 so Intel is going to make out like a bandit. And of course the lawyers will get rich too. Class action settlements that don't make the victims whole should be illegal. If anything, companies who refuse to do what's right so they HAVE to be sued should pay at least 10x more than what it would take to make the victims whole.
This is a lot like that movie titled, "Class Action" (1991) with Gene Hackman and Mary Elizabeth Mastrantonio. Except it was about cars instead of cpus. The company ran the numbers and figured out that it would be cheaper to settle the lawsuits than to actually fix the cars that could explode and kill or injure people. Very, very good movie. Let's just say the company ended up losing the fight.
I stopped watching Linux media because gamer nexus policy of not lying. And now after 30 years of intel my last decades of life im going to be an AMD user. Amazing how reporting the true in tech issues can change life behaviour in humans lol. Thank you Gamer Nexus for your integrity.
@@rush4you I had to pause and rewind more than a few times! These guys know how to deliver data and not waste my time. I appreciate this type of content delivery.
Eh, I wish this wasn't becoming more common as it seems to be. It's exhausting to listen at times. I always prefer slower speed so I have time to think it all through while listening.
