Circuit says BU will determine who to send CPM packages to. Then the employee can either accept or decline the CPM package and not volunteer. But those who accept the CPM package, the BU will review their application again ??? Then why the fu-k would... — read more 

So even if you decline CPM and are not a ER candidate, you may get selected for the involuntary round in October. And even if you don't get selected in October, do you really want to stay here ? I guess best option is to get a job offer by Nov 15th... — read more 

So if I get selected for CPM and decide to not apply, would that automatically take me to the top of the list for the involuntary layoff round in October?

Too inwardly focused to see the world has changed. Too stuck on one factory to rule them all. Too slow to bring new products to market. Too proud to admit it is not working. Blinded by vanity of their own invincibility. All great empires rot... — read more 

The number of layoffs in an IC (Incompetent Company) doubles every two years.

People will be either too worried about their future or too busy applying for jobs.

Does anyone know the details on the VSP and eligibility requirements?

Heard some VPs in the GEMS org are traveling to and fro to Asia every quarter. There’s one VP who travels domestically every week.

Are they eliminating it completely?

Was standing in line at Dairy Queen with my ex. The person ahead of us ordered a banana split and when she received it there was no banana. Obviously the woman complained, “Where is my banana?” The worker told her that the banana costs extra. The... — read more 

90% of the people at the Folsom site don’t even work so… fu-k em! I’ve already moved on to much better!

Asking for a friend. SMH

I’m no math genius but Intel’s press release says both 15% and 15k employees affected. Does Intel not know how many employees they have ?

What’s your decision matrix for staying versus leaving? Are there any/enough reasons to stay?

You are burning the company that you say you love to the ground. Step aside and let someone else who knows what he is doing do the job!

20 years ago Intel had about 750 employees for every VP. Now it's 190, so to save money and streamline decision making they are lowering that ratio further. Brilliant!

Well, this is then probably the last time there will be govt incentive, I guess.

The man announces the worst news in company history in an ill-fitting shirt he got from JC Penny.

Tells you everything

They should be the first to stop having free drinks.

He is smiling????

Gotta pay for those bananas now. I'm out!

If you are a US tax payer that get laid off, you'll get back some tax dollars as part of your severance package. Cheers!

Heard this time even Federal will not be spared. I know so many who went there to coast on govt money. Well that backfired I guess

No way to enforce RTO if we are consolidating facilities...

How the fvxk do you miss that BIG only 3 months out? It’s either blatant lying or incompetence. Not sure which is worse.

Lmao, can't even joke about free bananas anymore

Who are responsible for Intel financial collapse?

Just when you think can't get any lower.... Holy moly lmfao

I’m glad I took the VSP. After 34 years at Intel in really pains me to see the depths the company has fallen and the pain those that remain will be going through. The blame is squarely on BKs shoulders.

They are running the country to the ground lmao

This is good news i have seen many employees from my organization that cannot be on call, cannot come into the office all claiming to be ‘senior’ but in reality are a--holes

Last quarter Intel was talking up Gaudi like they were going to eat Nvidia’s lunch. Rosy forecasts of 0.5-1B in revenue. Fast forward to today. No mentions at all. Meanwhile AMD raised guidance on thier Instint AI accelerators from 4 to 4.5... — read more 

Whats out Q2 QBP?

Anyone knows at what price it will be delisted?

Id--ts bullsh-t who sc--wed up still get paid to stay. Working employees are being trashed to pay for those id--ts.

Pat list several corporate initiatives. Never mentions Quality once. or simply don't release deflective products.