Given its a smaller site, will the impact be proportional to size?

Are they all safe?

Will Dave be fired ? Any news ?

Not going to name the BU or group, but the whole d--n team applied for CPM. Looks like they had enough

new hire with less then a year do they CPM also and what the guess involuntary package ?

I’m currently evaluating taking the enhanced retirement. One of the several vague areas is COBRA. I seem to find conflicting interpretations. Intel says it’s an extra 6 months of COBRA for a total of 18 months for the enhanced retirement package... — read more 

If the situation is so dire why are the separation packages fairly decent? Why let people voluntarily choose to leave instead of hand picking the low performers? Cutting low cost comfort benefits like free fruit and drinks. They want lots of people... — read more 

Jensen and AMD CEO, Lisa Su, are cousins. Intel is one swift removal of a bible-thumper away from being competitive. Remove wanna-be corporate Jesus, who came from on High like Montezuma, and install someone from the family that shyits next gen... — read more 

Short is the list of CEOs who have destroyed as large and consequential a company as Intel in such a small amount of time. Pat Gehlsinger may be the GOAT of ruining companies, but he’s laughing in your faces all the way to the bank. What a total... — read more 

Am I seeing this right? Why is the stock price falling even today when the Nasdaq seems to be up? Is Intel that bad. I have some stock that bought in 2012 -- at the height of financial crisis. The price is down even from then. Can't believe this. — read more 

Do you honestly see a future so bright for Intel that you want to stay for it? Do people really think Intel is going to recover after everything and be a great place to work once again? Seriously, please tell me what's there to stay for? I can't... — read more 

Surely 3-4 of the ELT should be on the block to get chopped for poor performance.

Info session today said that earned sabbatical does not get paid in severance. AskHR says it is, but makes some ambiguous comment about Cali and Colorado. Anybody know if banked/unused 4 week sabbatical for employees in Oregon gets paid in... — read more 

I have officially taken the VSP. G10 and been here for 1.5 years. ~70K. After talking to my wife and I have 2 kids, I had to take some time off. I think it will be approved. 42 yrs old. Gotta live life

Is anyone planning on taking the package and the first decent offer that comes along, then figuring the rest out later? Rather, who ISN’T planning on taking it?!? Anything to get off the rapidly sinking ship?

Does anyone have any updates about % impact for SATG for reduction? How about Intel Labs?

Did USA just lose the Chip competition against China with Intel going down the tubes?

Pat: We need state-of-the-art fabs at Intel, at any cost! Intel employees: Yes, we do! How can we help? Pat: You are the cost.

Intel doesn't make chips anymore? Is he converting Intel fabs into church?

Honest question?

Intel won’t be around that long anyways.

What happens if I don’t take the enhanced retirement? Would I be on the chopping block/first in line for IVS?

We have a total of 14.7k managers who don’t do any work and get paid way more than the average employee. Cutting management size by half would result in great savings without hurting the productivity.

I need some advice. The company just offered me a retention bonus because of the ongoing layoffs. They value my role and experience, which is flattering, but I’m torn about what to do. On one hand, the bonus is tempting, especially since it comes... — read more 

If you have, say 17 years in, you’ll get 38.5 weeks of pay, starting October 1st. Then consider the company’s outlook: what will INTC be like over those next nine months… and beyond that timeframe… will they have another CPM action in H1’25? H2’25?... — read more 

I meant a leader who can lead and not just talk. If Intel wants to compete with TSMC, hire people from TSMC as leaders and copy their culture. Don't mix other ideologies (religion/DEI) in the business management. It is a business in a highly... — read more 

Guess what intel is hiring in India now. but can BBs apply? Nope. Frozen.

Not going to apply for CPM VSP. Going to stop working (I am almost sure I'll be picked up for ISP in October and get the same package) and spend next 2 months job searching. No OKRs no late evenings. Bye bye manager and Intel

https://m.youtube.com/watch?v=b6vQlvefGxk Sorry to interrupt the layoff chat, but Intel’s chip problem is no going away and is getting way worse. I don’t see how Intel can restore its brand reputation in light of this fiasco.

https://m.youtube.com/watch?v=fyDshZ5TXoA&pp=ygUMQ3JhbWVyIGludGVs Conference call was “unconscionable” and “incoherent”. Pat doesn’t realize the trouble Intel is in an he is “in over his head”. An absolute disastrous quarter.

nothing about how many people impacted or which projects to cut. just BS talk and an update in September.

Or expected?

Some things have to happen for better days to come your way. I experienced similar situation back in 2015 and how I was going to let my family know. I don't even know how I got home. Mine was ISP and I was 55 YO and within 6 months of qualifying... — read more 

SATG CPM email out

It will let you know if you’re eligible. Looks to be by group.

How can investors trust you are serious about controlling costs? The money wasted under PG could be in the same order of magnitude as Chip Act fundings. Also by taking government funding, you are giving away liberty to do stock buybacks to defend the... — read more 

I think as always we need to give them nimwits time to proof read the email ? Any BU receive them yet?

Funny how the VSP emails were supposed to go out today but nobody has received anything yet. Furthermore no updates on Circuit.

If not now then next time around. Be prepared. Be proactive.

A lot of people will say "if you're not happy, just get another job" and "if you work hard you have nothing to worry about." For some people, the stability is important, especially with kids. And I think we all know that Intel hasn't been a... — read more