https://www.techpowerup.com/303854/psa-intel-i226-v-2-5gbe-on-raptor-lake-motherboards-has-a-connection-drop-issue-no-fix-available "Still, such issues aren't acceptable, especially not from a world-leading manufacturer like Intel, who once was... — read more
Major layoffs at Google
I looked at their severance package and I wanted to weep. Those who have been with the company for more than 15 years get to walk away with nearly a full year's salary. Imagine being awarded for your years of service like that. Even when being laid... — read more
Such drawn-out cuts have incalculable consequences
I'd say if you have the means/skill move while you can unless you been there for a while and would welcome a severance. I've never seen anything this weird or drawn out. MSFT, Facebook, Amazon. They go the rip the bandaid off approach. Intel on the... — read more
Job market is really bad out there
Are tech workers finding jobs quickly? With all the layoffs including Google announcement of 12K today, it is really bad. I wonder when Intel will announce major layoffs as so far there has not been really any.
Updated numbers for CA impact
https://www-marketwatch-com.cdn.ampproject.org/c/s/www.marketwatch.com/amp/story/intel-cuts-hundreds-more-jobs-in-california-and-indicates-more-to-come-11674168848
Intel cans luxury R&D center, promises parking lot instead
Nearly two years after taking over as CEO, Pat Gelsinger's master plan to reinvent Intel is on uncertain footing as the chipmaker struggles financially and fights for government subsidies it says are necessary to keep its foundry expansion on... — read more
Arizona fab techs impacted?
Asking for a friend
Flood gates have opened
Searched for intel layoffs posts in linkedin and saw a huge number of posts ranging from yesterday till previous week. No one's spared i guess irrespective of their domain
Some people don't even know why they were laid off
People here are walking on egg shells in fear of becoming a target and losing their job. This kind of uncertainty and knowing that employee's hard work does not mean much creates mistrust and a very bad atmosphere in the company. Not giving the... — read more
Long Time Intel - The Truth
I was with Intel many years (between 15 and 40 lets say) and I just want to say the company is one of the best. Any time I ever needed time off, I got it. Any time I was sick, I simply sent an email saying I was sick. The cafe's are great with lots... — read more
PG twitter is rad LMFAO
https://twitter.com/PGelsinger/status/1614638671528878082?s=20&t=YpgvNXgrywA9RjKXpKolmw
Why it will get worse and worse regardless of what Pat does
Duh , who supplies most of the most expensive part of this and gets huge margins if they have good technology and manufacturing? PC sales dropped by more than 25% year-over-year in the last quarter of 2022, as did the prices for the hardware that... — read more
This paints quite a picture
November was brutal. And the chart doesn't even include the December number. Add January into the mix, and the total will most likely double. If you weren't worried before, you should be... — read more
Lots of reasons folks are laid off, many of which are not performance based
The entire concept behind a layoff is that a position is being eliminated, and that the person who is occupying that position is no longer needed. It isn't necessarily that the person is a poor performer and not of possible value to the company -... — read more
Got my unscheduled 1:1 with manager for tomm morning
I have unscheduled 1:1 tomorrow morning and some detective work and it seems so does our entire team at different times. Quite confident we are getting cut. Quite honestly, feeling quite relieved and deep down have lot of respect for Intel and wish... — read more
Any L Offs notices yet? Is tomorrow the day?
Just tell us already, tired of checking this site and page every day 😂
When will the company rip the bandaid off?
Cutting a few heads here or there is just rearranging the deck chairs on the Titanic... When is the company going to take actions that match the magnitude of the problem? ki-l IFS 3.0? ki-l discrete graphics? cut 30,000 heads? deliver on the... — read more
XFG Organization Announcement: Development of new Tofino® switch ASICs is cancelled
go woke go broke
Intel halts construction of $200 million Haifa mega-campus
https://www.calcalistech.com/ctechnews/article/gd88bw9bb
Laid off employees returning to Intel
I've seen this happen a few times. What's the point of laying somebody off if you're going to allow them to return? Especially if they're given a severance? Why pay somebody to leave and then welcome them back to the company? What exactly am I... — read more
Competition for available jobs will be fierce
An average 1,600 tech workers have been laid off every day of 2023 so far On an average, at least 1,600 tech sector workers have been laid off every day of 2023 so far, per Layoffs.fyi. That's as 91 tech companies globally have axed 24,151 jobs... — read more
D Day Tomorrow after MLK
Good luck DCAI, GSEM and others! Hope to see you other side. If not let’s be supportive!
Layoffs elicit less and less reaction from people
I remember a time when me and my colleagues were much more worried at the first sign that there might be layoffs, even when the job market was much better. Have you noticed that people here have become more and more indifferent to cuts? This speaks... — read more
Foundry & manufacturing is the cancer of INTC. Change my mind
Here's my 2 $: INTC share price will be improve if it sells off manufacturing and be a full scale design company like Qcom, AMD or NVDA
Will Pat go to h€ll for IDM2.0 and IFS 3.0
So will Pat be banished to he-l, will be tough for such a religious person to continue what is obvious IDM and IFS is a lying path to h€ll for Intel. But is it possible he will be forgiven as he truly delusional and will repent for his sins when... — read more
NEX VP... Nick
So what is the story on him? Is he leaving 😉
Do you believe this, what a bunch of clowns
https://www.semianalysis.com/p/intel-roadmap-and-pc-tam-update-tone?utm_source=post-email-title&publication_id=329241&post_id=96449028&isFreemail=true&utm_medium=email “ntel held their PC TAM (total addressable market) and Roadmap Update event... — read more
Apple CEO asked for 40% pay cut this year.
Whom would you work for? Tim or Pat?
Did anyone start getting email or 1:1 in MSO/GSEM?
I heard a few spotty issues happening from yesterday, but did the BU systematically start the execution proceedings or it still did not start yet? It seems there will be a 200+ HC reduction in GSEM alone post VSP. So, it will be massive 25% HC... — read more
It's beyond me
Instead of getting rid of slackers who do nothing but spread a negative atmosphere, Intel decides to lay off some of the best employees....... Do you have any explanation why this company works against itself?
Intel stock crossed 30 marked. Soon it will be $60. Cheers!!
Buy call options for intel. Soon it will cross $60 due to great leadership of Pat.
When do we expect layoffs in TD?
Roommate working at TD in Intel. I need to know if I continue my lease or break and find someone else who has a stable job. Don't want to be put in a situation where I would have to pay for his share as well incase he gets layed off and leaves the... — read more
AXG
What has the AXG re-org resulted in? Are there more layoffs, esp in HW? What's the overall mood?