So by now we know how the packages look for US but there is no information on what the package for EU includes? The only thing that’s clear is that VSP and ISP are the same. Anyone has any information on packages content for EU?
Long time sufferers
Some leave very quickly, as soon as they see that they have no prospects at Intel, and some persistently stay here despite everything. Making complaints and venting is good, but it doesn't help. Intel doesn't care what employees think, that... — read more
Uncertainty interrupting the regular flow of work
Uncertainty is very frustrating. I can't focus on my work at all. I would prefer to be told right away that I will be cut, rather than spend days feeling anxious while waiting for bad news. Productivity has dropped drastically, and how could it... — read more
Intel Ireland
Has anyone heard anything about plans for the Irish Intel site? We got a very general update which basically repeated the earnings call message, no details. People don't seeem concered here and there is a feeling that, with so much growth planned... — read more
None of you want to be laid off
If you did, you'd be out of here already. Due to the overall number of employees, even when we face a major round of layoffs the chance of any single one of us being impacted is slim. If you're saying you're staying because you're waiting for... — read more
Why more layoffs and failure are certain with IDM/IFS
Totally broke strategy and no amount of execution will resume intel 1a). Technology leadership arrogance that Intel can do four nodes in five years. The track record of LTD is an F. No way they can match the execution of TSMC. 1b) Technology... — read more
If I were King (Pat) for a Day
New Strategy Drop IDM 2.0, focus on core business 80/20 Rule. Keep the products that are generating the 80% of revenue, drop rest. Cut any business that is not #1/#2 in it's market. eg cut discrete graphics Cut 30% HC and get to... — read more
Does ELT really not know how many will be laid off ?
I see $600M+ restructuring charges in Q3 statement. So does the management really not know how many head counts need to be reduced? How do they plan the budget then? What was the basis of $600M restructuring charges? Are they so clueless about... — read more
DOs and DON'Ts for the day you are terminated
DOs: Do review your termination package and ask your manager questions Do reflect on the fact that you had a great run at one of the best companies ever Do spend time with your friends and family. DON'Ts: Don't try and second guess whether your... — read more
If BU does not use CPM, will there be package?
BU's will decide whether to use CPM. Can they lay off people without any package just by deciding not to use CPM?
Rewards Push out !! Good people leaving !
Why the he-l any strong achiever would want to stay at this company. Just think about this. Such an attractive package being offered who are leaving. And those who stay, show commitment ... No rewards for you, no promos for you. THIS IS INSANE... — read more
Information Security Cutting 13%
CISO stated 13% cuts today - opening voluntarily separation with no constraints, said they will buy you a cake if you take voluntary separation. Stay Classy Intel
Intel has …
I think top engineers work at intel. If you agree dislike 🤔
Christy mentioned the link for MCP application
I haven’t received such email yet. How many of you have received the email?
Same complaints every year
Just by looking at these posts, it is possible to notice that Intel has no intention of fixing the issues it has, considering that the complaints are the same as they were a few years ago. Indeed, the issues are the same, only now there are many... — read more
Packages info for EU
anyone has any info about packages being offered in EU particularly Germany?
Anyone been notified yet?
Has anyone been notified by their manager that they will be laid off yet? If so, how many years do you have and what did they say in terms of packages?
Qualcomm revenue up 22% (Intel Down 15%) What are we doing wrong?
I am just a tech, I don't really pay attention to products or accounting. It's too stressful. I guess you can say I took the 'red pill'. I used to think like Cypher that 'ignorance is bliss' but now I am not so sure.
COBRA is no bargain
Unless Intel is paying the COBRA benefit, it isn't very attractive. COBRA rules were put in place back when insurance companies had pre-existing conditions model. Congress wanted to be sure if you get fired, you can at least not lose your... — read more
This is more than expected
Is anybody else shocked by how generous the packages are? Considering the state of Intel right now, I'm not sure how something like this even got approved. I would be overjoyed and more than happy to leave - with no hard feelings! - if I got... — read more
Package details are out
9wks in CPM 4wks severance pay 1.5wks per year capped @47wks max vacation and sabbatical weeks inclusive 2022 APB 12 month COBRA 6 month career help by agency BU has option to opt out of VAP. Do your math.
Package Info
Package for my group: 5 weeks pay per year employment + 9 weeks pay (redeployment) + 4 weeks pay + any sabbatical and vacations earned.
A tip for those affected by the HC reduction
If you choose to create a profile on one or more of the online job boards do not make your profile publicly visible and here's why. Staffing agencies are watching for Intel contract positions like vultures, and they will CALL YOU non-stop as soon as... — read more
Sell Intel to musk
He might turn around this sh*tshow and layoff the management like he is doing at Twitter.
Once again, we give AMD a gift
Intel’s Sapphire Rapids server chips face yet more delays, with AMD set to benefit Intel Corp. today confirmed that an initial launch event for its long awaited Xeon Scalable central processing units will take place in January, but it’s still not... — read more
Intel's culture also impacts other companies
I have heard people who are not technical but good at reporting status by taking credit from others got jobs at Intel for an upgrade. There were also people who changed job to other companies from Intel and still tried to delegate work to and collect... — read more
Gladiius
So how many of you use gladious plc tool flow. Is it really useful, please share its pros and cons, and any non confidential experience with it.
AMD Beats
AMD beat earnings, server market share grows. There revenue is more than half of Intel now. This is not good! Time to question all the fake narratives and the goals this company has.
AXG purge started?
Former architecture and discrete GPU HW GMs are leaving. Does that concede the failure of Raja’s discrete GPU efforts? Why’s Raja not held accountable? Why are the SW GMs (MR, LP, ST …) still here?
Pat mentions outsourcing IT, does this correspond to cuts for software engineers working in TD and Manufacturing groups?
Pats latest interview hints cutting down on IT expenditure, will the software folks in TD groups be axed?
Pat's latest interview gives some clues where layoffs will happen
Intel CEO Pat Gelsinger On Potential Layoffs https://www.crn.com/news/components-peripherals/intel-ceo-pat-gelsinger-on-potential-layoffs-the-unpredictable-economy-and-consolidation-in-the-chip-market Check out the quote below -- It is a word salad... — read more
It's a problem of Motivation
If I work my a-s off and Intel ships a few extra processors, I don’t see another dime. So what is the motivation? And I’ll tell you something else. I have eight different bosses right now. Eight. That’s right. So that means when I make a mistake... — read more
Layoff numbers compared to the competition
Now that I look back, I thought that 2022 would be much better than it is. Has anyone perhaps compared the layoff numbers here and in competing companies during this year?
Will DEI be eliminated in the layoffs?
Imagine you are the new CEO. Suppose he doesn't buy into any of the DEI that prior regimes put in place such as quotas for females and URMs, non-binary bathrooms, and ge----o-like DEI compliance officers spying on the organization. It seems like a... — read more
Please get to the point
It’s really frustrating when people cannot give a simple explanation and add the details later. The meaning gets lost. Why not answer the question and then add context? This is very relevant to meetings.
Afraid the job market will get even worse
Given that the package will be small, I hope that we will all manage to find new jobs very quickly. However, I am not very optimistic, at least not when it comes to me personally, because I have been looking for a job for a long time without success... — read more
I'm only doing about 15 minutes of actual work each day
I try to work on my OKRs and make a goal list every morning, but within 15 minutes I get interrupted by some dolt that wants to know if I have heard anything about the layoffs. Everyone in my building is dragging a-s and waiting & pins and needles... — read more
Will M&A be impacted??
If anything these high graded jobs should grow….
H1B eligible for CA or OR State unemployment?
H1B eligible for CA or OR State unemployment?