Should we revise this strategy after cost reduction to make it sound good and be realistic again? What do you think ? 4N5Y 4 nodes in 5 years 3N6Y 3 nodes in 6 years 2N7Y 2 nodes in 7 years 1N8Y 1 node in 8 years 0N10Y 0 node in 10 years — read more 

I believe the CPM terms have been the same for the past 1.5 yrs since the Nov'22 actions. Does anyone know what "enhanced retirement" means, and if it's better (or the same as) CPM? I know if you are eligible for retirement, and get CPM'd, you are... — read more 

When a company hires a consulting firm they get advice on restructuring. The downside is all of your strategic advantage and innovative secrets and "leap ahead" products are no longer secrets. This is how consulting companies take over and control... — read more 

Given the position the company is in I think the package is generous for me. I am almost at 30 years and I get 63 weeks of pay. Also, I get $20K extra payment + $36K SERMA... Finally there is 18 months of COBRA and one year of stock accel... When... — read more 

https://twitter.com/TheLayoff/status/1820159989539098986

On X today : “Let your eyes look straight ahead; fix your gaze directly before you. Give careful thought to the paths for your feet and be steadfast in all your ways” Proverbs 4:25-26 18A is in utter shambles. There is zero % chance TD will meet... — read more 

Form 8k disclosable events: on July 30 2024 Intel passes an exec severance plan for ELT even is terminated without cause. It’s in the public 10Q for Q2 2024. Timing is disgusting

Of the 15-18k what % do you think will never bounce back and this is starting point of their decent into depravity and spiraling into irreparable chaos? They can no longer pay mortgage or car payments or children’s tuition. There are going to be some... — read more 

https://www.youtube.com/watch?v=u7XkWMNzbNA

Intel announced a significant layoff, impacting 15% of the workforce (about 15,000 jobs). Does anyone have insights on which specific sites, job types, or departments will be most affected? Wondering if specific locations or teams are at higher risk... — read more 

Wow! Still lot of work to do!

Is the enhanced retirement being offered outside US?

It’s not that I’ve been super happy working here. But I’m terrified of losing a job. I’ve been looking for another job for a while, and it really doesn’t look good out there. But beggars can’t be choosers. If I’m goner this round, I’ll just have to... — read more 

I read that 401k contributions are not deducted from a severance lump sum payout. What about SURPLUS? Will they use my selected bonus % like they do for EB? Or normal %? Or nothing? Hoping to shield some of the lump sum from a big tax year.

For someone with 25yrs service and 2k weekly wages

Do we have any idea when the cuts will start?

Laying off so many people is expensive. What's to stop the leadership from reducing severance drastically to save on layoff-related costs? This is stressful enough as it is, but when you add that into the mix, everything becomes ten times worse. Is... — read more 

Sptd just had a CPM last month and lost a good amount of people. How much lower will they go in this group or chandler site ??

Wantonly spreading negativity about the company. I suspect it is private equity firms and short sellers. Hard data shows AMD cpus have higher failure rates than Intel CPUs and yet we hear only Intel CPU failures in the... — read more 

How will the layoffs be conducted? Will it follow the approach of targeting specific individuals as was done in 2016, or will each business unit be allocated a budget and have the authority to determine which employees will be affected?

The racist comments are being made by Intel H.R. on posts that are negative toward any leadership. They know that posts get taken down in a few hours if they have racist comments in them.

Sorry for the mistake that made stock drop last week.

Someone hopefully has or will post in Ciruit the stock sell by ELT and shady trading that was known to them before announcing layoffs. This is a crime and should be accountable

When is the world going to learn. People who are making mechanical hand gestures when they talk are laying or trying to sell something. Add to that to the 4 interviews I watched where Pat said the exact same rehearsed verbiage loosely matching it to... — read more 

As per law in California, do we have 60days? For example if notified on 1st October, we will be on a payroll until December 1? Thanks

Someone is going through and posting nasty racist comments on the posts that they want taken down. Nice try! I guess we will just have to just keep reposting our layoff comments daily.

Did they really need bozos at McKinsey and Saf and his Corporate Strategy dimwits to tell them that there are inefficiencies in the company? Utterly clueless execs have no idea about a modern semiconductor company staffing levels. The entire ELT... — read more 

Before Intel hired Pat back they should have questioned the fact that he was pushed out for being a whiny elite pr--k and couldn't accept the fact that Larrabee was an endless money pit with no chance of success.

https://www.semicontaiwan.org/en/node/6656#:~:text=Mark%20Liu%20is%20Chairman%20of,Officer%20from%202012%20to%202013. In that way, there will be some continuity with the strategy.

From an earlier comment: “Public SEC filings that many execs and board members had planned stock sales on 7/30/2024. Had the earnings announcement been on 7/25/2024, per normally followed timing, each would have lost about $25,000 with stock having... — read more 

Is this a rumor or there is truth in it?

Let's see who can come up with the best Eulogy for Intel.

D-mb question but gotta ask, does the severance package count as W2 income and taxable ?

If union was in place this wouldn’t have happened

We all see it… Intel was a plane sputtering in the air. Post pandemic gave Intel its last push and the plane is now crashing down. All you see on this site are complaints of pay and “they better start paying us” before we leave for greener... — read more