I wonder if we can make a rough estimate on the savings by calculating on savings through human resources. I assume roughly there are at least 1000+ vp and upper level in the company worldwide. If I look at compensation. In stocks granted every year... — read more 

https://time.com/6222411/intel-layoffs-chips-act/

Is anybody else annoyed by the lack of concrete information coming from the top about layoffs? They barely communicated anything to us on the subject so far and even that isn't even remotely helpful in figuring out what is coming. I'm more upset at... — read more 

I wonder how much money Intel could have saved by removing this benefit soon as the carpet dwellers and pot belly Engineers came back to the buildings. We could have probably saved some jobs and prevented these people from digging their own graves... — read more 

Nothing else to say. It hurts.

https://time.com/6222411/intel-layoffs-chips-act/ "When a group of semiconductor companies, including Intel Corp., lobbied Congress to pass the $52 billion chip-stimulus bill earlier this year—one of the biggest federal investments in a private... — read more 

Anyone have remote idea how the performance ratings in Insights correlate to being important in the company?. The insights FAQ says , it has no connection , but that is very fishy. If a person is on Track for all last quarters compared to one who... — read more 

Intel will likely be a foundry only company in twenty years

https://m.youtube.com/watch?v=IpkGYTypOyc He says the number will be around the size of all AMD employees (around 15K). Some underperforming business groups to be affected the most (GPU?)

It wasn't long ago when the company reported record profits and now this... However, I'm not surprised at all. It would be a surprise if there were no big cuts every few years.

Anyone having any info about the layoff in Germany?

Gen Z and millennials are reframing layoffs, stripping away the shame and pointing the finger of blame at the company that let them go What employers may not have counted on is their younger workers taking to TikTok to document the highs and lows... — read more 

Lot of software engineers joined recently the company, I'm one myself. Given that I started on September and still on probation period, am I already a goner? or I still have some chances somehow?

If the company somehow managed to regain its reputation after big cuts in the past, I don't think it will be so easy in the future. How will they be able to recover after these cuts? I think that Intel won't be the first option for those... — read more 

Has anyone heard what are the separation/layoff package specifics?

I read some media articles in which PC slowdown is highlighted as the biggest reason for the cuts, and I know that there are people who really believe that this is the most important reason for laying off a huge number of employees. Personally, I... — read more 

Great hopes when Pat took over, but it's been pretty abysmal since. Implement OKRs, but tie it to compensation, which is specifically warned against and counter productive. Hasn't gotten rid of the 'insights' woke review methodology. Still... — read more 

Tired of seeing am I safe posts. Phd, new grad, RCG. Look, no job is guaranteed. It’s their job not yours. If you’re worried, update your resume, create your linked in profile. Grab a hold of your ball sack, realize that their there. Then go on with... — read more 

He's been acting strange since the announcement (mostly staying clear of everybody, which is not his usual behavior) and I didn't think much of it. But after having the weekend to worry about the future and mull things over, now I think he might... — read more 

For symbolic reasons? And which one?

Is RK's AXG going to be cut? We just released the first Discrete GPU which was well reviewed. And graphics is very important. (Our RTL teams are already short staffed and the cuts will be too bad if it happens)

This will drive the amount of HC each org needs to cut. Some will cut as little as 3-4% others as deep as 20-25%. Each org is tasked to determine their own number of headcount based on their budget. Pat won’t tell orgs how many employees to cut or... — read more 

Don't believe everything you read. Including this.

Are they following the hire in bulk and fire policy?

What’s the latest on Intel drones. Haven’t seen them in test runs lately.

Press is pretty brutal on Intel at the moment (rightfully so) - the company is doing a lot to try and re-build a brand with the younger generations, but millennials and gen-z see right through the capitalist BS - the whole “secure billions in... — read more 

Article link: https://www.benzinga.com/government/22/10/29273679/chinas-semiconductor-industry-decapitated-overnight-what-annihilation-looks-like

Seen a few people take a swing at this - based on my experience both with Intel and other companies as well as what I’ve heard from those in the know, here is mine: Start with 0% - congrats, you’re safe! Add 5% because it’s Intel and they have... — read more 

Intel is actually a great place to be. If You need some time to prepare for interviews.

Pat was unable to find a single executive in Taiwan who was willing to join IFS? IFS is just a completely clueless bunch of people who neither know how intel/td operates, nor do they know how a foundry operates.

If you are talented enough, you should've found a better place by now. If you are not, you should be salivating for the cushy package like the Pavlovian dog. Even if you got a C in your algorithm class, you should have expected that Workday (HR... — read more 

Just got hired a month ago with a start in January after graduation with my PhD. Will my job be cut? :(

INTEL Is hiring but will put on hold for now. Construction to continue few more months but these are green badges. Rumors are this may be repeat of 2015/2016 layoffs of workers who haven't gotten stock or promo in last 12 months. These are still... — read more 

Anyone has any insight if there’s layoff in DEG?

All hand meeting on Nov 1st was mentioned but didn't see anything about it yet. Should I be worried?

and got the jab in order save their job, even though i didn't want it, am I immune from being laid off? Would they still lay me off after I/we were tricked into getting the shot?

If you are in PSG, just exit this place, your are safe…relax, focus on your execution and enjoy your life…

You guys remember that young CEO of Better.com Vishal Garg that laid off 900 of his employees using Zoom? What if Intel is planning the same otherwise processing exit interview for 20 to 30K employees will take months. This needs to be done quickly... — read more