Intel Corp is fighting to avoid a second multi-billion-dollar trial loss to VLSI Technology LLC, telling an Austin, Texas federal jury on Monday that its computer chips do not infringe VLSI's patent... — read more
Have the layoffs started
Has anyone received the notice today?
SATG, DCAI and TD managers and leadership sucks!
Uggghhhh… what happened to Intel? How did we hire so many mo--ns? And don’t even get me started about HR!! They need to be replaced, the lot of them.
Please, make it happen this week
I've said it before and I'll say it again: it is much worse to stress while expecting layoffs every single day for weeks or even months than getting it over with. I hope they'll decide to finally show us some mercy and get it done this week... — read more
Cost of incompetent managers
How are the managers in your groups. Managers are extremely incompetent in MSO. They just snark and attack employees, play employees against each other, rampant favoritism and HR does nothing about this There is a cost attached to this, employees... — read more
Time to pack up
Kind of embarrassing to be walking out with boxes. Are you guys planning on going in during peak hours to get your stuff? Can you get your stuff after hours?
Fire half the VPs
If Pat wants to send the right message to the troops, he should fire half the VPs, half the CVPs and half of ELT. He should also drop his salary to $1 per year.
Monday
I dread thinking what to expect Monday morning and through out the week.
Hide the ball (Altera)
✳️ Intel acquired Altera in 2015 for $16.7 Billion ✳️ Not too many years later the head of the business unit leaves for AMD Server division ✳️ Intel no longer reports Altera business, it gets buried under DCAI results. Why? ✳️ Server + Altera should... — read more
Lose lips sink ships, Intel real strategy revealed.
https://www.tomshardware.com/news/intel-our-goal-is-to-become-second-largest-foundry-by-2030 It’s pretty clear what the future of the company is with Randhir boasting. Intel will be split in two, Foundry which realizes all of the x86 sales as it’s... — read more
TAMC approaching 1nm
https://www.edn.com/tsmc-approaching-1-nm-with-2d-materials-breakthrough/
Postponed to Q3 2023
"Due to the unexpected complexity due to locations, hybrid model and customer order forecast, it was decided to move some of the current plans to late 2023. While we continue to reassess all products and programs, we must ensure that each team is... — read more
anyone laid off yet?
I dont see any official conformations anywhere.
Resume
Any suggestions what to put on resume about why you were let go, or how answer it during interview. Because you are now perceived as a reject.
The truth is we all are easily replaced. The main concern should be how the layoffs are done.
If you are a G9, you can be replaced easily by a G8 so on and so forth. So many of the people here are worried because they have become accustomed to Intel’s silver spoon. They are worried they will not be able to make it at a smaller company... — read more
Can we go a year without layoffs?
In the last ten years, I can't recall a single one when we had no layoffs. Please, correct me if I'm misremembering, but I believe I'm right. It's not good for morale or employee retention not to have at least a semblance of job security, and Intel... — read more
Intel India safe
Is intel Bangalore safe from layoffs? IITM alumni
IDM and IFS and nationalism is not a strategy
x86 has gone the way of the mainframe and minicomputer and almost laughable the company the blew up the mainframe, minicomputer got blown up the same way. Old days of x86 growth guaranteed turns business and growing was when we printed money... — read more
Layoff packages now available on HR website
4 weeks + 9 weeks redeployment+1.5 weeks x # yrs + 1 yr Cobr+ all the retirement benefits Max 47 weeks
Total chaos at Twitter
For once, I can say somebody is handling layoffs and reorganization worse than Intel! I didn't think it possible but here we are.
No need to worry too much if your skills are current
The lesson I learned a long time ago is that the most important thing is to keep your skills current and then it is easy to find a job even when the situation on the job market is not ideal. In general, I think that the majority here are worried... — read more
Finance folks & SG&A folks - Don’t stress too much
Finance guy here. I want to give some of you hope on the non-technical side since I know we will be effected most significantly. When I first caught wind of the rumors several weeks ago, I started networking on LinkedIn more - not applying for jobs... — read more
Glory Days
When Intel was generating 60% gross margin, it was printing money. Now, Intel gross margin is 42%. No more printing press. All of the failing gambits into new markets was funded by the printing press. Now that the printing press has been... — read more
Nonsense
I have had enough of the double talk and B$ from the execs in CPM with no clear answers/timelines. How can I volunteer and get the h*ll outa here.
This is not a good time to be laid off
Amazon just froze hiring once again, Meta is about to start major layoffs, we all know what's going on with Twitter, hundreds (no, I'm not exaggerating) of other tech companies are laying off... Where exactly am I supposed to get a new job if I'm... — read more
DDG layoffs?
Anyone hear anything about how this group will be effected?
Cost reductions not Layoffs a Problem
To many reductions of expenditures rather than labor now, this will equal a big problem next year and the year after. Layoff now or layoff more later in a market that will be more difficult to obtain another position. VSP / ISP packages will only... — read more
Intel SMG layoff
Intel SMG ~1000 employee reduction
Today
Layoffs announced in the last day: Lyft 13% of workers Opendoor 18% Stripe 14% Chime 12% Twitter 50% Morgan Stanley (% unknown)
RK should go
In AXG QGS this morning, RK blamed macroeconomy and CPU market share shrink for AXG deficit. In fact, the deficit is probably close to the money loss due to PVC poor execution and his pipe dream of entering HPC and AI markets. If he focused on first... — read more
RSU Vesting
Any word of our rsu vesting deals? What about stock that would vest in that job search window
Stripe just laid off 14% of the total headcount
Details to follow - https://stripe.com/en-au/newsroom/news/ceo-patrick-collisons-email-to-stripe-employees
All Intel employees regardless of GEO should get the same severance (cost adjusted for GEO)
All Intel employees regardless of GEO should get the same severance (cost adjusted for GEO) This would mean that the best packages, would apply to all.
Tech Layoffs Keep Growing
All large companies affected - 2023 will be bad
DCAI announced ~1000 cuts.
Announced by the head of DCAI (S.R.)