Topics regarding layoffs at Intel Corp.

Topics regarding layoffs at Intel Corp.

All of the out of cycle promos and rehires....

A couple of trends. It feels like more people get out of cycle promos vs end of year review promos. In many cases a new manager (friend?) will give the person a promo... that your current manager actually didn’t feel you deserve. I guess one would... — read more 

Employees that somehow avoid being laid off

During my 20+ years as an IC at Intel, I witnessed several cases where individuals with dubious work quality and behavior fought negative evaluations with filed claims of harassment by their manager. I’m not sure whether the claims were focused on... — read more 

Hiring freeze

I hope the hiring freeze does not spread throughout the entire company. We have been trying to fill a few positions for months with no luck and I know two more people are planning to leave. If we don't get anybody before they leave, we're screwed... — read more 

Barrons: Intel’s Problems Remain

Intel’s Problems Haven’t Gone Away Barrons - Original June 9, 2022 3:30 am ET Intel said this week that the macro economic environment had grown weaker in recent weeks. Intel INTC –5.28% ’s long slumber has turned into a bad dream. This week, the... — read more 

Talent going to competitors

Several of my colleagues who are excellent workers have gone to competing companies. I don't understand how Intel became so weak that it just surrenders its best and most capable employees to the competition so easily. Is leadership powerless to at... — read more 

Analysts cut estimation

https://seekingalpha.com/news/3846644-intel-drops-as-analysts-cut-estimates-following-management-commentary What do you think?

Leave Intel alone, Apple!

https://www.apple.com/macbook-air-m2/ "Compared to Intel-based Macbook Air, 15x performance in video editing." Really, Apple? Clowning Intel now is like Kramer beating up those 8 year-old kids at Karate.

Acquisition of Codeplay Software

https://www.phoronix.com/scan.php?page=news_item&px=Intel-Acquires-Codeplay Looks like no one thought it was worth commenting on this acquisition at all?

Learning culture

It's disappointing to hear that there are people whose managers have rejected their training requests. (Someone complained about that in one of the posts). I must admit, something like that never happened to me, but it seems that Intel is not so... — read more 

AMD Breaks the Exascale Barrier (Tom's Hardware)

AMD-Powered Frontier Supercomputer Breaks the Exascale Barrier, Now Fastest in the World | Tom's Hardware So it goes: https://www.tomshardware.com/news/amd-powered-frontier-supercomputer-breaks-the-exascale-barrier-now-fastest-in-the-world — read more 

It's high time Intel invested in its people

Of course, no one will be fully productive and give their best when most see their job at Intel as something temporary. Some stay here for only a few months and then look for better paid jobs. If the company got rid of all the really useless... — read more 

Accept Qualcomm offer

I got contacted by Qualcomm via LinkedIn and they offered me 40k sign on + 140 base + 80k RSU (5x what is have at intel) + 15 annual bonus for senior engineer hardware. The position is in San Diego. Does offer look good? I’m grade 3 at intel. — read more 

False alarms?

It doesn’t look to me like there could be significant layoffs in the foreseeable future. Don't take my word for it, it's just my personal opinion. Still, I hear more and more rumors about layoffs. Are people just anxious or am I missing... — read more 

Our turn is coming

Withs so many tech firms laying off right now, I don't think we'll be spared much longer. I wouldn't worry too much if these were regular layoffs, but with so many people in similar positions looking for jobs at the same time, this might be the worst... — read more 

I've learned so much here

I think the source of all the frustration is that people take some things very personally and still expect everything they do to be noticed, valued and adequately rewarded. On the other hand, my only expectation from day one here was to learn as... — read more 

Chimera

A chimera is a monster combining parts from different animals, or an organism containing multiple different sets of DNA. I am calling Intel's new Alder Lake processor a chimera because it is a hybrid containing two different kinds of CPU cores with... — read more 

The future is uncertain

I discussed this a bit with some close colleagues. Are there many here who think that the future of this company depends on competitors failing? I have a mixed opinion about that.

Retirement scam??

Just out of curiousity, has anyone else been screwed out of their retirement by Intel? :(

The drawbacks of not being a manager's favorite?

I don’t want to make deliberate efforts to become my manager’s favorite. I think that sometimes it is more important to maintain my integrity, although I think that is why I am at disadvantage here when it comes to promotion, but also other things... — read more 

New Intel Coming Soon

PG is setting up Intel for the required strategic paradigm shift to fabless. The interim step will be to promote the strategy of vertical integrated Fab company (current Intel model) + the new foundry model. This interim strategy is required to get... — read more 

Bust coming soon?

https://asianometry.substack.com/p/the-semiconductor-bust-still-coming?s=r

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Intel is for people who don’t expect much

The situation used to be totally different, but Intel is now a company for those who are not overly ambitious and those who can remain indifferent to all the bad moves of leadership. Everyone else is looking for an opportunity with the... — read more 

Collective action of the employees

Why are Intel employees collectively not pushing back against the policy of coming in to the office, just like Amazon and Apple employees did? If we were to do that, things would change in our favor. What are your thoughts on this?

Predictions on Pat?

If the coming 12 months are like the past 12 months? If the stock continues to decline another 20%, back under $40? Will his Kool-Aid turn sour? Will he surrender and retire to his golden years?

How bad will earnings be?

Just compare today's EPS with the one from a year ago and you'll have a good indicator of how things are going.

There are two types of managers

Who just talk, talk and talk -> These are d-mb get promotions but do not get any work done. These folks slow down, create a mess, and enjoy the ride of delaying projects... DG2 is a great example of it. Managers who get the work done and keep... — read more 

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