Who was the genius that brought them in? There are Accenture employees who have been employed for years by Intel!!! Which group will they fix next ?

Pile on, my 2c on this,9 options listed: AAPL: Pro - Deep pockets... vertical integration???, Con'd be overlap in chip design but not in mfg, antitrust??? TSMC: pro: fit with Intel's fabs and mfg scale but cons are oolitical, reg, and supply... — read more 

Found out our module is eliminating CWW engineering positions in this cut and expecting Sh1 engineers to cover the pager 24/7 going forward. How does anyone in management think that is a good idea? Paying G7+ salaries to dispo pages that are 99%... — read more 

I'm planning to invest 10 grand into this great value buy stock today. See you guys after 5 years

The job market is completely saturated. I’m starting to think it’s time to step out of my comfort zone and send out resumes more broadly. I’m even willing to take the pay cut. The longer any of us wait, the harder it will get. I don’t see indications... — read more 

Anyone has info on how many H1B folks were hired in 2024? Locations? Positions? I have a feeling we are still hiring them even tho a massive culling is being prepared, and rest assured, most of H1Bs will be saved.

If they’d just stop fooling around with AI and show the world how far ahead of everyone else IntelLabs is on quantum, the stock would be $200.

GF just let go lots of people from Lehi site. Maybe you will see Intel bets big on U.S. soon also.

I'll just leave this here, let's see how well it ages: SMG will be completely outsourced to Accenture

Is it true that Supply Chain has been told to expect 30% headcount reduction?I've heard this in the office and some folks have mentioned here on layoffs.com - anyhow, if someone has more info, please share

Panther Lake. All the proof you need that Intel Fab is fu---d.

Taking over as the CEO of Intel, a historically dominant but recently challenged tech company, requires a bold, decisive, and highly focused strategy. Intel has struggled with manufacturing delays, loss of market leadership in semiconductors, and... — read more 

https://www.networkworld.com/article/4008670/can-intel-cut-its-way-to-profit-with-factory-layoffs.html

I’m sorry. This is a company that can’t even conduct a layoff without a delay. No thank you!

I have $1000 to invest if someone can give me a hint

You should work at companies that are hiring people with good salary bonus and compensation. Dig them and move on for your future career

He promised that Intel will bounce back in 2025. He has spent money like drunken sailor- no CEO have ever spent like him. Today another 20-30K people will be under state welfare because of him. He should compensate every Intel laid off employee by... — read more 

It seems to me that it’s more than 20%, as many others have pointed out. Not that it makes much difference, especially to those who will end up jobless. But still, it would be good to know.

Is this really going to make a difference? Does anybody actually believe so?

https://www.intc.com/news-events/press-releases/detail/1743/intel-appoints-sales-and-engineering-leaders

Intel 7 is our latest HVM node, while TSMC is entering HVM on 2nm. Intel Fabs are at least 1.5 generations behind. Imagine if a customer comes to us and asks us to make a chip and we give a chip that is 3.5 times bigger in dimensions than what... — read more 

And two years later, Intel started to go downhill. All CEOs up to this point have been nothing but Wall Street puppets. Short term gain for long term pain. Now Intel has their own version of Sleepy Joe, Sleepy Bu. We have a CEO hiding in the... — read more 

That's a classic question! Waldo is usually hidden within highly detailed and often chaotic illustrations. He's not in a specific location in the real world; he's a fictional character created by the board of directors!!

https://www.whitehouse.gov/presidential-actions/2025/01/ending-illegal-discrimination-and-restoring-merit-based-opportunity/

Just how far in FTM? TSMC probably 110 BILLION revenue TSMC > 17 million 300mm wafers or about 50K WSW TSMC manufacturers more than 11 thousand products on 2nm, 3nm, 4nm, 5nm, 6nm, 17nm 12nm, 16nm, 20nm, 22nm, 28nm, 40nm, 65nm, 90nm, 0.13um... — read more 

I’m hearing rumors of entire orgs being gutted. SMG supposedly will be entirely outsourced to Accenture. Teams that survive are getting 20-50% HC reduction. Over 1000 impacted in FM alone. Maybe this is just the US, but does it feel like way more... — read more 

To be a manager who just went through several brutal rounds of layoffs in the drivers seat and now you discover your name is on the list. Please seek professional psychiatric help. You're gonna need it.

I've heard some groups are 15 to 20% cuts at the lowest, 30 or 40 % cuts in other groups, also heard as much as 50% cuts or in some cases....entire orgs cut (removed). Which orgs are gone? Which % are you hearing or seeing ? Any managers getting... — read more 

Except for the people who’ll lose their jobs and be pushed into an already saturated tech job market. Even for those who survive this round, more cuts are likely just around the corner. Unless, of course, there’s some brilliant, strategic plan in... — read more 

"These are difficult actions but essential to meet our affordability challenges and current financial position of the company. It drives pain to every individual," - Intel manufacturing Vice President Naga Chandrasekaran "Removing organizational... — read more 

The Sales and Marketing team is heading out for another cruise to the Caribbean, lucky them!

Let the Lay-offs begin

If anyone thinks 20% is going to get IFS anywhere in-line with TSMC staffing metrics, they are truly TMG'ers... sticking their head in the sand, and using delusional metrics. The reality is that IFS needs to cut HC closer to 40%-50% to get in line... — read more 

Do you know someone that left last year, either volunteer or involuntarily? What are they doing now?