Of course, I'm not happy that some people will lose their jobs in this economy, however, realistically, many people here are having to pretend to be doing something because they have almost nothing to do. For me, not having enough work has long... — read more
Best of luck to everyone on this round of layoffs !!
These are tough times having high inflation, layoffs, etc. Stay strong, hopefully good days are coming
A PayPal Guy Is Intel's Chairman of the Board
PayPal is down more than 12% today. The company lost 2M active accounts after it tried to police the speech of its customers. Many left in disgust. Many more pulled money out and left a few dollars in zombie accounts. Pray to God that the man has no... — read more
As I predicted for years layoffs and more layoffs all but certain
Intel’s destined was sealed years ago. There was a small chance with the right leader and right vision something real and good could emerge at the end. But now with IDM and IFS to to the death the ending is all but certain. Take care of yourself... — read more
Since MGMT is requiring RTO
Here's another favourite! Since MGMT is requiring RTO, I say when you see a problem, just don't, "notice," it for a few hours. It may cost millions...Make it COST MGMT for forcing this upon us! It WILL have costs! ;) Thanks A$$holes!
Performance is going down
They created a very tense atmosphere, the anxiety is astronomical. Do they even realize that in such conditions the performance goes down drastically?
Big Losses & Intel, layoffs to happen.
When will the layoffs start? Any word, please share.
What's the YouTube usage policy out here
I'm viewing YT close to 6 hrs on office laptop. Should I be worried ? Do managers or IT have some sort of browser tracking app or something ?
I appreciate The Register
The title of their article is: Spectre of layoffs looms over Intel following dismal sales The blurb underneath? Shareholders gotta get their dividends somehow, right? Telling it like it is. We could do without layoffs and try to get our earnings up... — read more
Dignity and respect
“These are difficult decisions, and we are committed to treating impacted employees with dignity and respect,” Intel said. Yeah, I call BS on that one.
Folsom
How is the situation in Folsom?
CCG, DCAI, TD layoffs are already in progress
Today I heard two of my colleagues moved to CPM. It looks planning and selection was done a while back and announcement a few days back
We're now in layoffs round 2
As mentioned in February, the end of March was only the first round of layoffs. We're now deep in round 2, this round will be larger, harsher and much less transparent. Additional rounds will follow in Q3 and Q4 as Intel opted for the slow, piecemeal... — read more
Possibility of losing entire groups
My group saves millions for the company each quarter, but almost never meets the metric given (IYKYK). I bet we’ll all get wiped out since we don’t manufacture or help manufacture wafers. Management is a joke, same as the C-level execs. Too... — read more
Lack of transparency
If they cared about their employees at all, I guess they would be at least be a little more transparent about layoffs. Why so little transparency? Do they think that it will save their reputation from further deterioration?
RSU G6
with MS G6 SOC who joined intel 2022, How much RSU should I expect this year to be granted? I have seen levels fyi and would like to know directly from you to see if those are accurate
Date for Stock Award?
Heard from my manager last month that this year we would get stock award. Anybody knows the date of this RSU grant?
Flash round of layoffs
https://www.oregonlive.com/silicon-forest/2023/05/intel-plans-fresh-round-of-layoffs-other-cost-cuts.html?outputType=amp
Tyson Foods vs INTC ?
Tyson Foods, the meat processor posted Q1 revenue of $13B, and an EPS of -4 cents, both handily beating INTC. Without a new manufacturing node in many many many years, what defines a company as "tech"? For fresh cash, which is the better bet? INTC or... — read more
What Lies Ahead For Intel Stock?
https://www.forbes.com/sites/greatspeculations/2023/05/08/what-lies-ahead-for-intel-stock/
Intel is way over HC by every metric
If Intel is a manufacturing company compare Intel HC versus TSMC for revenue per HC, profit. If it is a design house compare against AMD, Nvidia or Qualcomm. Sadly Pat is dreaming back to the Intel of 20 years ago. Tell me you believe Intel... — read more
LTD unaffected
https://twitter.com/dylan522p/status/1655048861084450816?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet
Intel isn’t even a worthy benchmark anymore
AMD benchmarking M2 now and Intel only secondarily. Of all the 4 main cpu growth categories ..Intel only is competitive in the PC. Losing share due to lack of performance in Datacenter, graphics…. Blah…., AI …far behind Nvidia and AMD. Intel... — read more
Taking the selfie was a stupid move
Really !! After cutting the paychecks and a dismal quarterly you want us to smile like a fool for your selfie. NO THANK YOU !!!!
We keep losing good people
We've had more resignations on my team, two of the best engineers that I looked up to since I joined Intel recently resigned. I'm not sure why the management is not even attempting to slow down the brain drain. How many more great people can we... — read more
No CPM in TD
As much as i hate working in the group, but with the current layoff scenario better to have a bird in hand vs none. Thankyou AK
No more severance packages.
Rumor is that the new layoffs will not include severance packages. Can anyone confirm?
AMD coming for Intel
Current AMD AGESA 1.0.0.7 BIOS Firmware Riddled With Bugs
PSG headcount reduction plan mid May
Official communication from SP came through this morning stating headcount reduction details to come during QGS mid May. Any ‘insider’ here know the headcount impact? I find it shocking given PSG with record breaking sales qtr over qtr. Guess no BU... — read more
Doing the best job you can
The manager expects us to do our best. However, is it realistic to expect that from workers of this company, with the way it is today? Does anyone still have the motivation to give 150 percent here?
Company wide layoffs announced
No mention of it in ACM .. And Pat, Dave and MJ are all smiles for the selfie. What stellar display of empathy. Go leadership team , we have your back
CCG, DCAI, AXG (after merge) announced layoffs second round
Do you want to know which BU/team is next? Maybe manufacturing or TD. I’m sharing based on my analysis
Let's ban the use of the following words, acronyms or ELT names/initials
To much focus/overuse. Add to the list. Tell all your friends, share, like, subscribe! rewards democratize economic headwinds green shoots RTO/WFH CP Pat, PG, The G-man TMG IFS BU H1Bs ...
Email for CPM ?
How are the CPM affected folks notified ? Is it just an email, that you have 9 weeks or the manager first notifies you as heads up and then the email follows ? How has this been working in 2023 layoffs ?
Microsoft and AMD collaborating on AI chips, this could be a huge loss for Intel
Intel better get its sh!t together fast. This actually isn't the first AMD win over Intel at Microsoft. It started a long time ago when MSFT released 64 bit Windows and the binaries were in the AMD64 sub-directory because AMD won the race to get 64... — read more
DCAI: How tone-deaf can you get?
In the QGS they are telling us we need to be back in the office, but every single one of these clowns telling us this are calling in from home!!!