Topics regarding layoffs at Intel Corp.

Topics regarding layoffs at Intel Corp.

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 

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| 3700 views | | 7 replies (last November 8, 2022)
Post ID: @OP+1jAQIV9G

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 

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| 2870 views | | 7 replies (last November 11, 2022)
Post ID: @OP+1jAtkD43

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.

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| 2670 views | | 5 replies (last November 7, 2022)
Post ID: @OP+1jAYKST0

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 

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| 2820 views | | 6 replies (last November 7, 2022)
Post ID: @OP+1jzesLZS

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 

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| 4330 views | | 9 replies (last November 7, 2022)
Post ID: @OP+1jz65zyb

TAMC approaching 1nm

https://www.edn.com/tsmc-approaching-1-nm-with-2d-materials-breakthrough/

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| 1840 views | | 6 replies (last November 6, 2022)
Post ID: @OP+1jyXwiib

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 

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| 3760 views | | 2 replies (last November 8, 2022)
Post ID: @OP+1jynHXck

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.

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 

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| 1920 views | | 6 replies (last November 5, 2022)
Post ID: @OP+1jyk2Xpv

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 

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| 1530 views | | 4 replies (last November 6, 2022)
Post ID: @OP+1jyddWmx

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.

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| 2350 views | | 7 replies (last November 6, 2022)
Post ID: @OP+1jxSsJkr

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 

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| 1750 views | | 8 replies (last November 6, 2022)
Post ID: @OP+1jxiP40w

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 

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| 2493 views | | 1 reply (November 4, 2022)
Post ID: @OP+1jxGofdM

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 

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| 1870 views | | 7 replies (last November 5, 2022)
Post ID: @OP+1jxVL6xX

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.

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| 2350 views | | 7 replies (last November 7, 2022)
Post ID: @OP+1jxkK5YH

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?

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| 1455 views | | no replies yet
Post ID: @OP+1jxmhAiK

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 

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| 1640 views | | 2 replies (last November 4, 2022)
Post ID: @OP+1jxbbtA1

Today

Layoffs announced in the last day: Lyft 13% of workers Opendoor 18% Stripe 14% Chime 12% Twitter 50% Morgan Stanley (% unknown)

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| 2040 views | | 3 replies (last November 4, 2022)
Post ID: @OP+1jxkbI50

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

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| 1620 views | | 2 replies (last November 4, 2022)
Post ID: @OP+1jwJ67WM

Unionize!

Some of you will hate it, but the best solution is to Unionize! Collectively, we would have the ability to force these bozo's hands. (at least in some things) Let them try to replace us. Managers running things..lolol! The place would collapse in a... — read more 

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