Will any Fabs close or be mothballed until more customers/demand occurs? It is cheaper to run 2 fabs at 80% utilization than 3 at lower utilization rates say at 53%

Clueless managers don’t know what is going on

The talk (as most of you know) is that the max levels between an IC and CEO is expected to drop to 5 instead of 7 (which is the current case). Does this "5" including the IC and the CEO, which means (three middle managers) or excluding the IC and... — read more 

Been informed that our org will do notifications next Monday and Tuesday. Some may be walked out, some allowed to work for a while.

You can't tell me employees can stay job focused with what's going on there. Cut your loses and exit.

Stock is a good bit down in the last two days. Seems like market has got wind of the unaffordable exit packages. I don't know when it dawns on management that they are running a business, not a charity!

F28 got off very light with F24 and AFO taking the brunt in the last round...will they use this as a new excuse

To emerge from a yearslong financial and technological rut, Intel needs to better compete with chip makers like Taiwan Semiconductor Manufacturing Co. It looks increasingly like that will require breaking up the... — read more 

Where will you go have a drink after this round of layoff?

Do you know at least one person on your team that would benefit the team if they left?

Has anyone been reading these d-mb and non important ideas on Intel ideas ? For one they are never going to be addressed but to even bring up something like have child care onsite. Jeez you would most likely not have a job here soon. Is anyone even... — read more 

Will the Greats that have been around for decades and "managing" despite clearly being on cognitive decline be impacted at higher proportions this time around?

Keep GPU and CPU and fire all other software group . This was the discussion from today morning . Anyone hear same ?

I am almost sure the same thing has been happening here for years now. Needs to be investigated

Old fabs likely headed to a chopping block (sell, or chop up and sell. Debt gets wiped, stock goes up. Simple. Execs are slashing anything that does not drive growth. I guess that's the mantra now... More status changes and outsourcing ahead to... — read more 

How will those impacted be notified? Phone, meeting, email, IM?

9 weeks + additional [4 weeks + 1.5x (# of completed years)] if you sign a release. In addition, 12 months of Cobra. If you or your partner are retirement age - or your partner on disability, you can expect additional $10K-$20K cash.

Taking a break from reading all these depressing neg posts. Changing subject, who will be in the Super Bowl this year?

Anyone reading this started back in the Pentium days? Those were the good old days.

Intel (NASDAQ:INTC) stock jumped by nearly 8% during Tuesday's trading session. While there weren’t many stock-specific factors to justify such a significant move, tech stocks overall have been on an upward trend, driven by positive sentiment... — read more 

LBT had stated his intentions, but word is getting out about entire groups being eliminated or outsourced, including the transition of entire groups to contract services. This has been needed for at least the past 5 years and maybe 10, because once... — read more 

I’ve decided to move on, I just couldn’t keep working under the current conditions. After months of searching, I finally found another job. It pays less, but at least it offers more stability and a healthier environment. Waiting around for layoffs... — read more 

I took the package last year and have lost touch with much of my network - I'm not trying to start a rumor, but an I've heard bits and pieces from multiple sources indicating that SMG is planning to outsource most Marketing responsibilities (possibly... — read more 

https://www.calcalistech.com/ctechnews/article/bjuzok00mxe

Image your next interview telling your recruiter how you were stuck in a situation with bad, even toxic, business processes, and you lead everyone to leave them behind for healthy practices. What a hero you’ll be! On the other hand imagine the... — read more 

Yes, I don't work at Intel. I am just curious. The people reading this and do work at Intel, what do you like about Intel?

What does it take for id--ts to move a sinking ship to Lunar lake ? Should they use rocket launch to swim in the moon lake?

The new AI boss messed up NEX and now he is he-l bent on destroying whatever little AI Intel has . He does not listen to the engineers. He has no industry experience and has been given the most crucial role. Somebody who still flaunts his IIT and... — read more 

I'm hearing this for non-traditional scopes. Any veracity to it?

You heard it here first

Let us know if anything noteworthy happens on your end

Did anyone capture SMG’s timeline this morning? I missed most of the details. Notified by July 7, last day end of July VSP but no ER I didn’t get the numbers…

According to Fortune 500 magazine, to be a strong company, you need strong workers. I work in AZ and why do we have id--ts and snowflakes as supervisors and fab workers. Why do we have lazy a$$ team member that do the bare minimum team member... — read more 

Hello I got partial track twice, I am in the black list of layoff?

Wow… rescinding an offer especially to new grads who probably stopped looking after their offer in November. Pretty sh---y!