https://fortune.com/2023/03/03/are-intel-investors-losing-faith-in-ceo-pat-gelsingers-turnaround-plan/

Does Intel usually give any severance for involuntary mass layoffs? If so, how much?

They will cut your benefits and/or salary to increase attrition. People will leave without giving package. Your I’ll hear tomorrow. Some teams will have targeted layoff as well. Cannot share more info Good luck

Simple protect and silent strike spirits all at one. Show your strength and compassion at work.

Pat is the wrong person for the job!

https://finance.yahoo.com/news/amd-stock-jumps-after-earnings-beat-driven-by-ai-chip-sales-202456320.html What excuses will CEO Pastor P and CFO DZ will come up with to justify a lame Q2 earnings report? What sort of financial gymnastics will they... — read more 

Laying off 10k employees = a LOT of severance money. Does Intel even have enough cash left in the piggy bank?

Tomorrow Pat’s going to announce the breakup of Intel because we ran out of money and his plan is no longer feasible. The layoff rumors were deliberately leaked to soften you up for this bad news.

https://www.tomshardware.com/pc-components/cpus/intel-investigated-for-class-action-for-cpu-crashing-and-instability-issues The problem won’t go away. This sh!tstorm is going to cost billions…

Do you anticipate it to be before the earnings call? Or after?

https://x.com/supersat/status/1818558728008085698 In 1994, early Pentiums had an issue with the FDIV instruction. Intel replaced all affected CPUs "no questions asked", at a cost of $475 million (nearly $1 Billion in today's dollars).

Get used to it. Even if you survive this cycle there will be more and more cycles every 6-12 months. Just prepare yourself for the worst case scenario so that you won’t be disappointed.

https://markets.businessinsider.com/news/stocks/intel-layoffs-2024-what-to-know-as-intc-plans-to-slash-thousands-of-jobs-1033619626?op=1

I think Intel has no clue yet. Which means that layoffs will be particularly messy, no one will be safe, good performers may easily be gone, decisions will be made on a whim, and then there will be chaos in the wake of a bloodbath. And I’m convinced... — read more 

Better salary Better compensation and benefits. Join us for fun time to compete with Intel.

RTO will be at ocotillo campus

Seriously some managers can only create PowerPoint presentations with no other skills. Please give them the package to retire

We just need more middle managers and more positive trending powerpoint presentations and everything will be OK. Let's put together a "Tiger Team" and look for new management/Leadership books to solve our problems. HaHa. Sad ending to a once great... — read more 

Just came for fun(NVIDA Engineer), Good luck Intel folks.

He is near the bottom of marina trench instead.....

To protest for your hard working friends being laid off soon.

Woohoo!

There's going to be no layoffs. This is just a play off the book to boost stock price before earnings. Stock may reach 40+ by month end.buy now

When layoffs are 10% or more, it's not just lazy or incompetent workers who get laid off, even highly qualified and productive workers get laid off. Unless workers unite or join forces to start their own worker-owned businesses, nobody is safe. Yes... — read more 

Or take the CHIPS ACT money back? Getting money to create jobs then soon after announcing that you're eliminating thousands of positions seems like a breach of contract to me.

The craic & speculation is mighty over here at the moment. An sure we probably won't even get a fecking sniff of redundancies boys. 😩

Considering the amount of damage control intel is dealing with right now …

Sort tech, am I going be impacted?

Rumor is that TD will remain largely sheltered from layoffs while the rest are scapegoated. Given pdk 1.1 not remotely close to being ready, no ‘whale’ inked, factories >50% under loaded how much longer will ak continue the charade? If there should... — read more 

How long ago have names usually submitted of those to be laid off?

https://www.marketwatch.com/amp/story/pat-gelsinger-was-brought-in-to-fix-intel-3-years-later-it-still-seems-like-a-mess-9b3dc80b

I hope they make RTO mandatory that alone will be out a lot of people who want to work from home.

I heard from a reliable source today that most positions related to software marketing and sales are to be eliminated. This means HPC, AI, graphics, desktop, mobile and server related software products, software optimization, all enabling and Field... — read more 

The "leadership" at Intel has been saying that since at least 2014.

Bloomberg requires a subscription but no real details included. Cuts are on the horizon just but the exact scale is still unknown. https://www.reuters.com/technology/intel-plans-cut-thousands-jobs-finance-recovery-bloomberg-news-reports-2024-07-30/ — read more 

RTO will be announced on Thursday as well with a minimum of three days per week so all you motherfu-kers who wanna quit go ahead and quit that that’s what they want

Guys, you may have to actually work for a living soon.

Datacenter takes 48.6% of revenue $2.834b, up 115% YoY from $1.321b Client is up as well $1.492b, up 49% YoY from $998m Monster numbers at the expense of Intel.