https://www.yahoo.com/finance/news/intel-trouble-pc-demand-dlumps-155756892.html
Everybody wants to leave Intel
Employees are running away from Intel in droves, companies acquired by Intel are leaving at any cost, and here we are awaiting a major layoff round. Why? Is it really necessary when so many are already happy and willing to leave on their own? Is... — read more
Who will be the first to go ?
For Recent college grads, will they be the first to go ? I understand wanting to get rid of higher paying employees who have grown idle in their roles and don’t drive value, but if you have a team with older and middling age employees who are all... — read more
Layoffs can be a good thing ?
Sometimes layoffs can be good. They get rid of unwanted employees and also unwanted behavior by these employees infecting the execution. We all have come across such folks. What kind of employees and their behaviors would you like to get eradicated... — read more
Any news of number of impacts to global supply chain?
Any possible news of reshuffle, reorg, layoff in GSC ? In orders of thousands?
Software Strategy: Needs Improvement
In spite of all this wheel spinning around software, hardly anything is applicable to customers. Services people can't build products and IT services is running the show! How can we succeed if we approach like this?
Intel is really the best chip company!
Intel is so great. ARC Alchemist is sold out everywhere and marked up by double by resellers. Products in the pipeline are great and only going to be greater with improved fabrication nodes that are coming fast and furious. IDM 2.0 coming to make... — read more
Sure-fire was to not get laid off...
Simple state that you identity as an Intel Employee. They certainly won't want a lawsuit for forcing someone to identify as something they don't want to be.
Can’t wait for the package
When are they going to announce? I’m in a group with toxic environment. I want to get my package and take a break. If I knew it will be working with a bunch of people like that, I wouldn’t quit my previous job and join.
Exit Package - Germany
How much will be the exist package in Germany? make your guess 😋
Just wondering...
What is the probability that Intel, after this slashing of jobs, will very soon need these same employees and want them to return to the company? I have heard from some people that this could happen, although I doubt it.
https://www.cnbc.com/2022/10/18/microsoft-confirms-job-cuts-after-calling-for-growth-to-slow.html
https://www.cnbc.com/2022/10/18/microsoft-confirms-job-cuts-after-calling-for-growth-to-slow.html
Underground Chips
https://finance.yahoo.com/news/chinas-underground-market-chips-draws-000010446.html
Problem with cuts here
I think the problem are not the cuts, because Intel needs a major reduction in headcount. The problem is that pretenders, incompetents and slackers are not the ones getting cut, instead they are cutting the best employees we have. I think it will be... — read more
Layoffs could continue over Q1, Q2
Slow as always, some orgs are doing a "phased approach" to reducing cost, cutting some easier projects now, but revisiting later for more rounds of culling.
Let's talk facts
Intel tends to overhire. This creates issues with some teams where there is not enough work to go around. While Intel should not have hired those people in the first place, the fact is they are here and they have nothing to do. That bloat needs to be... — read more
Way Way Too Many Sites
When do the Execs realize how this slows down our execution and begin to consolidate work over many fewer sites?
Is anybody surprised?
Mobileye is seeking autonomy from Intel at all costs Mobileye's IPO will be the largest ever by an Israeli company, yet it is still disappointing as the company will go public at the same value at which it was acquired by Intel 5 years ago, even... — read more
Do not post on this site.
They keep deleting posts here. Half the comments are deleted so you are not seeing the half the stuff. We need a new place to post freely. Anyone wants to volunteer and create a site on reddit?
21 K Hiring in 2021 from different places and laying of senior Intel people
I know at least 100 people from the same company has been employed in same Org over the last year. Now they are planning to replace the experienced people with new ones with a hope that these new people will bring vision and deliver. What exactly we... — read more
AMD is hiring
https://www.amd.com/en/corporate/careers
I heard that they will be giving PowerPoint proficiency tests to everyone!
It will be the most important skill going forward... Also, if you are over 35 or don't have at least a masters degree you will lose points even before the test begins. If you are over 60 you will be retiring soon.
Layoff Update
I heard BUs are given their remaining 2022 and 2023 budget. Spending cannot go higher than that. Teams decide what percentage to adjust or have no layoffs. It all depends on your team and project you are working.
Managers asked for ratings
Managers in TD have been asked for ratings of their reports. Multiple criteria being discussed.
Anyone work in Chandler?
Curious how many viewers and posters work at the Chandler campus.
They don't care about long term growth
Unfortunately, many employees that this company needs very much will probably be cut. My opinion is that this short-term cost cutting will be at the expense of long-term growth. On the other hand, I wonder if the leadership is even thinking about... — read more
Are we a family indeed??
For the last few weeks after the leak and to continue roughly for another two weeks, we are in a boiler plate. Maybe most of us are still WFH, or else Intel Corridors would be looking like everyone looking at everyone else with suspicion. Who will... — read more
Intel and the $1.5T chip industry meltdown
https://archive.ph/GpPCN Intel is really REALLY bad at capital allocation. In other news mobileye is valued at 16B sharply down from Intel’s 50B estimate a few months ago.
Layoffs are nothing new
Intel has been doing quarterly "rolling layoffs" since Q1 '13. They're quiet layoffs that normally affect several dozen people per BU and are spread out over a few Groups & Super-Groups. This right here. Just because you haven't been hearing about... — read more
Decimation
The English word "decimation" comes from the Roman Legions. If they fought poorly, lots were drawn (short stick) so 1 in 10 was chosen for decimation. The other nine were ordered to ki-l the tenth. That's decimation. There was no term for 20%... — read more
Ireland operation
Anyone know what to expect? It could be less impacted due it's a manufacturing site.
Negotiating package - Germany
I have a strong feeling I will be fired. My manager told me that his manager asked for my insights and told me if anyone from my team will be fired it will be you. So my question is how should I negotiate the package? is it negotiable at all or not? — read more
Stop guessing, it’s useless
Stopping guessing. Just assume you will get impacted. It’s not end of world. Take a break, then start hurting for a new job. People change their jobs all the time. True that Intel should let us know ASAP. But the reality is HR is not doing its job... — read more