They want everybody off the books before 31st December. For those impacted, you will get a meeting notification between today and Sunday, scheduling an apparent 1:1 with your manager for next week. When you get in the conference room, an HR rep will... — read more
How layoffs communicated
Do they just send an automated email for layoffs?
QPB
What will be QPB this year?
Which groups are affected
Any latest updates on the numbers and the groups that are affected?
Best Layoff BKM's...
Ok guys, brace for impact. For those of you that most likely will be affected and for those ones that wants to help out, what do you think if we do a collective last push and share all possible BKM's to max out our exit? Here is what I have: “How... — read more
October 27th
Folks, d day has arrived. You get to decide what course of action you plan to take based on the revelations today. This anxiety and uncertainty is here to stay. Either accept it or quit and find a new job. Good Luck!!
$22 billion
https://www.reuters.com/markets/asia/intels-mobileye-unit-set-be-valued-21-bln-strong-market-debut-2022-10-26/
Intel
I know more than 5 of top 10 SOC design engineers work at intel. Believe in IDM2 and stay calm
Why are you still at Intel?
Seriously, if Intel is that bad, why wait until the layoffs to complain and leave? Remember is employment at will, hence Intel does not owe you a job or you are stock with Intel for life. Stop complaining and act!!!
It's sad to hear that
I think that the employees here are more than ever convinced that those who are friends with their superiors are safer than those who are great employees but are not part of the clique. How does Intel intend to be competitive with such a... — read more
Have the layoffs started? Will we know by thursday?
Some people in their posts or comments are saying they were notified and some are saying to expect notification within few weeks? Any managers here or good samaritan employees willing to share inside scoop.. some of us are better off knowing now... — read more
Intel needs a systemic overhaul
If you work here, you know the place is posh. Its great to have a nice workplace but that leads to complacency, laziness, ineptitude, tons of bureaucracy, low morale and poor execution. If you work in the fab, you know how much bs you have to deal... — read more
TSMC TAKEOVER DAY, INTC ON IT THE WHOLE TIME
Event: TSMC Arizona Takeover Day Date: October 26th, 2022 4:30PM-5:30PM: Technical Talk By Manu Rao, TSMC Failure Analysis Dept Manager Come meet TSMC and learn from technology leaders. Join ASU alum, Manu Rao, TSMC's Failure Analysis Department... — read more
Any idea what the ends looks like with severance?
Trying to get idea how this plays out if you get notified on November 1? Do you get 60 days, 2 weeks? Will they do VSP first?
Left in 2015…came back this past June
I took VSP during the first round in 2015…after 19 years. I didn’t really qualify for it, but had recently gotten divorced and needed to move to a different state to be near the kids, so my boss helped me get it. Fast forward 7 years, I was moving... — read more
Family & Friends
There are posts that lament hiring family/friends. Why the frown if they are talented, hardworking, and reliable. It’s a win-win for Intel and the employees.
This Smart Rat Already Jumped Ship
After 20+ years at Intel I retired earlier this year. Like Daniel, I too could read the writing on the wall, and it said "leave now" and avoid the massacre later." In my time at Intel I have observed far too many bad decisions by upper management... — read more
What work will be stopped?
You can’t cut ~20,000 employees without eliminating projects, functions, and products. So what will they pull the plug on? Or do most people believe they’ll keep every project alive (no matter how unpromising) and spread the work across the... — read more
Are NCGs affected?
I started a few months ago on F1 OPT, am i doomed?
These cuts will further encourage attrition.
If I survive these cuts, in any case, I will try to get out of here as soon as possible. What can those who survive expect other than a double workload, shorter deadlines, greater pressure and assurances from the management that they should be... — read more
It may be a bit awkward situation, but...
Most of all, I would like to have a sincere conversation with my manager to express my concerns, that is, ask him if I might lose my job so I can take action. Maybe someone has already done that?
What's the best acronym for this round?
PO had SET up the company for success. BK has ACT'ed with the best intention. What would PG be remembered for?
Experiencing high anxiety levels?
I don't know why, but I've never been more anxious than now that these cuts are around the corner. Also I have never been less productive. I barely manage to concentrate on my work. On the other hand, I think that getting laid off, despite... — read more
This is why everybody should look to change industries when job hunting
Layoffs.fyi reports that 703 startups have cut at least 92,558 jobs since January 1, 2022. Layoffs are occurring in the tech sector and in the real estate industry, two of the sectors most impacted by the Federal Reserve’s decision to increase... — read more
10 years in Intel Germany
For 10 years in Intel Germany what package can I expect if I am on the list?
Layoff mechanics will be even more brutal than ACT
You will get a 1:1 set up with your manager sometime next week. HR rep will also be in attendance, you will be given your severance terms (max. 2 months payout), your badge will be taken and you will then be immediately escorted out of the building... — read more
My 1:1 was pulled in
Last night, my manager just pulled in our 1:1 from Friday to later today. My fear level just spiked. I’m thinking it will be waves. First level managers fire their teams, then second level managers fire first level managers, etc. All to be completed... — read more
Intel leadership has been dropping the ball for decades
Intel leadership has been dropping the ball for at least the last 20-years which has allowed the competition to not only catch up, but take the lead in several markets. For example: AMD was first to market with a 64-bit desktop CPU in 2003... — read more
I'm done worrying
Que sera, sera and all that jazz. Letting us stress over this until the first week of November was a di-k move but there's nothing any of us can do about it now. Maybe they're hoping some of us will quit due to stress. If that's true, I refuse to... — read more
So when are these layoffs starting ?
Almost November now and I am wondering if layoffs will start after Thanksgiving or after the Christmas holidays . Just want to know if any of my holidays will be ruined or if 2023 is when I should start looking elsewhere after I collect a severance ... — read more
What is the latest ?
What is the latest update on groups impacted ? Roles impacted ? Business / Products impacted ? Is it going to be mostly sales / marketing ?
Peace of mind is more valuable than severance
I decided to accept a solid offer I received and not wait here for the package. Severance would have been nice, but the peace of mind of not constantly worrying about the next cuts is priceless. I absolutely understand all those who, despite... — read more
Poor planning
We are all witnesses of very bad planning, which of course has disastrous consequences for the company. However, the consequences of this bad planning are never felt by those who should, but by the employees. Will our so-called leadership ever take... — read more
Top thread today
@OP+1jmKm0lm or https://www.thelayoff.com/t/1jmKm0lm
Layoffs starting next week
WW47-48 cuts will start. Including FAB employees due to low demends for chip
How is everybody doing today?
Guys, only brighter future is waiting for you. Hang in there for now. I promise you that you will do better if Intel plays stupid and lay you off. I went through the same thing back in 2015 and it was absolutely the best thing that has happened to... — read more
Nothing can save Intel
Intel’s Mobileye IPO is not shaping up to be the shot in the arm its parent company needs. Last December, Intel made known its intent to take Mobileye public by mid-2022. However, the plans were repeatedly delayed due to volatile market... — read more
Promo
Does anyone know on what circumstances people get out of cycle promo? Asking in general when economy is doing well. What is expected in the out of cycle promo?