Either take revenue per employee or profit per employee and compare to AMD, Nvidia, Qualcomm, and TSMC. Eye popping isn’t it, will they really ACT?

I joined the team last month. How likely will they lay off a new emp in TD group? I work in engg btw

I don’t think my group will be affected by layoffs, but I still don’t understand why bonuses, pay, and other expenses aren’t cut before people.

The list of failures is decades long and the larger undercurrents of why they failed tell it all. It all starts with the BoD and Andy Bryant. Never any real strategic thinkers or people in technology that allowed Paul, BK, Bob, and now Pat to dilly... — read more 

I’ve been at Intel for 4 years and it wasn’t a question of if there would be layoffs in 2022, but really a question of when. Y’all are trolling to think it wasn’t coming. As an engineer, I’m definitely looking forward to reversing some of the poor... — read more 

After the big layoffs in 2016, the company employed too many people when the situation started to improve, without realizing that it was employing too many people. Then the cuts happen again. Just as Intel's approach to layoffs is wrong, the... — read more 

I have a hunch that Mfg. and design will be separated. Announcement during quarterly Yes, No? They have to do something to stop the stock from going to ZERO

I would like to leave. What are the chances that some will be offered voluntary separation packages?

Joining this January as a L5 SWE with no other offers, scared to death what the future holds.

All we can do at this point is prepare for any possible outcome the best we can. I know that for many this is a scary period, but in the end, all of us will be okay. I was laid off before and when it happened I thought my world had ended. I ended up... — read more 

Main circuit article today morning. He talks about targeted actions!! That is not even diplomatic or dignified enough. How is Intel going to target employees for layoffs?

This was said before and I'll say it again, there are a lot of employees at Intel who shouldn't be here. There are plenty of sycophants and nepotism babies who do nothing but kiss a-s all day. But that's not all. If we get rid of a whole management... — read more 

https://9to5mac.com/2022/10/10/iphone-14-helped-tsmc/ Strong sales of the iPhone 14 helped TSMC increase its third-quarter revenue by 48%, at a time when other chipmaking companies are suffering. It’s a good thing PSO and Pat passed on the iPhone... — read more 

One could ask; with the billions of dollars from the Chips Act, why is Intel now laying people off?

Hire them for their famous employers and fancy positions rather than for accomplishments! Interesting Game Idea: Who will prove to have been the WORST CEO of the company?

Stock price - improvement required Execution - Improvement required Strategy - improvement required 🍿

Just watched Cristoph address SMG regarding the layoffs. He seemed genuinely more upset about the press coverage than the fact he's firing thousands of people. I haven't worked here for long, but that really made an impression on me. I hope to stay... — read more 

You’ll know they’re not serious about turning the company around and just want to get rid of high cost geo workers. He-l all of FM should be let go and moved to Gdańsk.

Cuts already started in some teams as we speak.

"Job code eliminated". Suspect Racial Profiling. Worth fighting legally?

In all layoffs, the id--ts who destroyed the company are in still charge of deciding the fate of the rest. A randomized approach produces a much better outcome than a wrong one.

Why no one is reporting the correct employee count? Based on the latest Q2’2022 earnings report it should be 128.2K plus whatever was added or removed during Q3. Perhaps these layoff reports not accurate!! Just based on rumors?

Ginni turned IBM around. She can turn Intel around.

If intel’s management has even been serious about savings cost and removing inefficiencies, they would have removed TAs (technical assistants) and chief of staff positions. Anyone at VP and above level at intel qualifies to hire a TA. There are many... — read more 

I sincerely hope that this time they will not cut the best ones that every prosperous company would like to keep at any cost, to the benefit of those who only pretend to be doing something and do not add any value. Good luck everyone!

Transformations only work if all causes of problems are identified at all levels. Unfortunately, what happens is lots of blame at the bottom workers and some lower layers of management, while direction and management issues in the VP/C-suite are... — read more 

It wouldn't be the first time that news of cuts came out and then Intel let us wait for weeks to see what was going to happen. I find that unacceptable. If we have to go through another round of the waiting game our mental health will suffer for no... — read more 

How bad will it get?

I know many are worried but I and a few other people I know are looking forward to cuts and hoping we get served with walking papers. After all, severance is the only reason I'm still here. At this point, I wouldn't be surprised if more than half of... — read more 

https://www.calcalistech.com/ctechnews/article/r1zuizqxi True?

https://www.channelfutures.com/business-models/intel-reportedly-planning-thousands-of-layoffs-ceo-says-company-must-do-better

It's seems 50:50 in our group. If you're under 10yrs service people seem worried, if over 15yrs people seem happy and can't wait for "the big payoff". In-betweeners don't know which they'd prefer. Either way it feels like half of the Fab population... — read more 

Useless no skill scumbags find hiding spots there. Entirely non essential gang to send useless emails and track OKRs for execs.

Those who survive this round of layoffs must be prepared to get drowned in more work, I don’t see any backfilling happening anytime soon.

Wanted to quit this month anyways. Any advice appreciated

As a consequence of the inevitable layoffs? Christie? Sandra? MJ? Others?

Has anyone received a 1:1 meeting request for a Friday end of this month? I wouldn't sweat it if I were you. It's probably nothing.

Operational staff vs. engineering staff. any job security here? Thoughts on contractors? Thoughts on engineering techs? Thoughts on operational staff redundancy? Thoughts on layers of redundant management impeding growth?

Back in 2016 those who got laid off by ACT got pretty generous severance packages and buyouts not to mention early retirement options. Are they offering anything similar this time?