What has the AXG re-org resulted in? Are there more layoffs, esp in HW? What's the overall mood?

Please provide me more info on latest Intel layoffs. I have joining in March 2023. What can I expect?

I get it that lot of folks are losing their jobs. But man, it sucks to not have raises in Q1. It seems that all the work last year was waste. Struggling to find motivation in new year.

What should I do? (new hire within last year with MBA)

They already published a voluntary severance package for those who were willing and those who qualified took it. Now the rest of us wait as nobody knows what the algorithm will be this time. In 2016 the algorithm was all those with a less than... — read more 

https://www.nytimes.com/2023/01/10/technology/intel-sapphire-rapids-microprocessor.html

Only higher level paid folks or folks with greater than 20 years experience are taking the voluntary package. For involuntary leave…leaders do not have the guts to fire their pals. So where does this leave them…. having to let go 2-3 employees at... — read more 

Meta is rescinding offers which where due to start in Feb, had anyone had an Intel offer pulled?

Never before have I heard people considering different strategies in order to get laid off and leave with severance. Honestly, I'm one of them too... Literally, there are many who would love to be laid off.

Anybody started getting notifications yet for involuntary CPM?

If you truly hated Intel that much you'd be long gone by now. The fact that you're here on a page about layoffs means that you still care and that you are worried if you're going to be let go or not. Which is why I think all the posturing is... — read more 

https://www.fool.com/investing/2023/01/06/amd-challenges-intels-gaming-dominance-with-new-3d/

@wgq+1kzvRggL If we look at this as objectively as possible: PC notebook and desktop will be slow growth market, but x86 is entrenched here and would be the last segment to fall to ARM. There will be pockets of losses such as Apple (that... — read more 

What will be the headcount in Q4 earnings. Please guess in your comments. For reference, headcount mentioned in Q3 earnings was 131.5k My guess is 125k. That's about 5% cut.

It doesn't know what it really is, what it wants to become and who is it really competing with. Is it a foundry? A design house? Is it competing with the top-tier foundries TSMC and Samsung? Mid-tier foundries like GF, UMC and SMIC? Are its main... — read more 

They have (still) a dominant share there and so can’t grow. Furthermore, their existing share is threatened by AMD, Apple and soon Qualcomm. Server is another large market but growth has slowed to a more mature rate levered to GDP. Here, Intel has... — read more 

https://www.fool.com/investing/2023/01/06/intel-makes-a-renewed-run-at-the-pc-market-but-is/

I just notice that the competition is getting better across the board, while Intel is pretty much stuck.

https://www.fool.com/investing/2023/01/06/amd-challenges-intels-gaming-dominance-with-new-3d/

Intel overhires to make sure it has enough "fresh meat" when the time comes for the next round of layoffs. Then when layoffs hit, half of the newly hired people are laid off to artificially balance the average age of those who were let go, and the... — read more 

A lot of people who post here act like everyone at Intel reads this stuff and cares what is being said. The majority of Intel employees have no idea this site exists and probably couldn't care less that it does. The comments don't matter and won't... — read more 

https://m.youtube.com/watch?v=uLP02jAJq3w Yikes. Clean ki-l losses across the board.

It's not much different at other companies either, but at Intel it's clearly noticeable - managers are quite adept at creating various types of pressure on employees in order to get as many of us to leave so the company can save on severance pay... — read more 

We need to face facts. The age of job security is long gone. Layoffs are now happening daily and weekly, not just once or twice a year. We might be talking about small cuts here and there, but nobody is safe from them. Sadly, the only job security... — read more 

https://www.cnn.com/2023/01/04/business/amazon-layoffs/index.html It is going to be tough to find a tech job with all of the layoffs across multiple industries.

There is some value (call it ‘date X’) for which if you reach it without getting the axe, you survived this round. Does anyone know what ‘date X’ is? If ‘date X’ is department-specific, what is the latest ‘date X’? And how about the timing of the... — read more 

This will be a multi-year, multi-round, ugly affair. We're just at early stages, it will get progressively stressful and humiliating as they run out of "low-hanging fruit" targets and also run out of layoff criteria. Intel is already a bad company to... — read more 

https://finance.yahoo.com/news/salesforce-cut-10-workforce-amid-180929037.html Pat and David committed to 10B soon in savings!

Intel is cutting billions in costs amid a downturn in sales, but the show must go on, so the x86 giant is hoping it can rekindle interest in the PC market with the first 24-core chips for laptops and more affordable desktop... — read more 

People are learning the hard way that grass is not always greener. I am not an Intel cheerleader, I just know that some people who quit are not as satisfied as they were hoping they'd be once they left. They allowed themselves to lose the seniority... — read more 

The lack of clarity on layoffs till date is bewildering. People already jumping ship, those left behind are seeing terrible drop in perf and morale. This slow poison of "your a-- is next to fall" is the last thing one could do in troubled times

I guess the moderators have a vendetta with INTC. I have posted many positive messages and they have been deleted, but they routinely allow the poison from the last bunch of disgruntled people bagging on the company, Pat, and what not. Before the... — read more 

Pat makes it sound like he was THE chosen one to continue Andy Grove’s legacy. I think Andy saw Pats shortcomings before anyone else. If Andy truly believed in Pat, he would have lobbied hard to make Pat CEO instead of Paul. There’s a reason Andy... — read more 

Would you rather be an individual contributor or a manager?

All this negativity is unsettling, but the situation in this company is sad, especially considering that it could have been much better if only we had better leadership. Let's hope for the best, but it would take a miracle to fix things here.

Did everyone's productivity increase by 50% by following OKRs ? Did OKRs gave you a promotion and fat paycheck ? Honest posts only no trolls please

The rationale of holding INTC only for it's dividends seems like snakeoil. Big funds/investors won't touch this stock even with a ten foot pole. Why exactly are the shareholders still glued to this ? Afaik INTC ain't creating the next billion dollar... — read more 

Recently, AMD developed a new innovative chip design that produced better power and greater efficiency. And AMD's foundry partner, Taiwan Semiconductor Manufacturing Company, surpassed Intel in process technology due to Intel's management decisions... — read more 

Things started getting bad at Intel under Craig Barrett (CRB). Intel was making garbage in Mobile and NOR-Flash. Mobile CPU used ARM architecture. Research In Motion (RIM) was Mobile customer. Mobile chip was used in Blackberry telephone. Intel also... — read more