Would anyone be able to confirm if match true up will be honored for ERP? I fully funded my 401k prior to VSP / ERP.

Lessons to learn about layoff https://www.yahoo.com/tech/intels-former-ceo-tried-buy-145058942.html

We are literally bleeding people we need. Apparent criteria for layoffs has been the cost and age - well, skills, experience and knowledge comes at price. Those who have shot in the wild have also been leaving on their own. The mismanagement created... — read more 

For cobra, you basically enroll in the insurance as you normally would, right? Where is the form to sign? When do you receive it? So you get pay out according to number of years you work Thanks

Looks like missing OKR goals was a criteria for ISsP. Shows how a nice concept like OKR can be turned toxic by the current mgmt team !

Another 30K to 40K CCG folks will be let go to AMD soon. Talks in still in progress You hear it first here at layoff !

https://m.youtube.com/watch?v=3n537Z7pJug Another pathetic CPU launch.

https://www.siliconvalley.com/2024/10/23/economy-jobs-tech-layoff-intel-santa-clara-san-jose-work-bay-area/

All this pressure is pushing more and more folks to make big moves. A coworker recently left Intel, took a hefty pay cut for a new job, but he couldn't be happier about it. Meanwhile, I know plenty of others who are just hanging on, hoping for a... — read more 

Confirmed by one of my friend, who is currently a VP at Intel. Most of the remaining people will be safe. You heard it here first. Enjoy the coming holidays.

A gaggle of ex-Intel board directors have called on the chipmaker to spin off its floundering foundry business while glossing over the fact that a company bleeding billions each quarter is unlikely to survive on its... — read more 

Is it too late to request one? A handful were denied VSP, then later denied ISP as well for any separation package.

I’ve been with Intel for a long time. I initially really enjoyed my work. Had great colleagues in my team - with some I remained close friends after they left Intel. My mgmt at the time had a drive and was competent. Even with all the usual work... — read more 

Celebrating today

Trying to figure out if even worth entertaining opportunities at Intel after I accept the package. Oregon based.

My last day is Nov 15. I am on HDHP insurance for 2024 but may wanna switch to low deductible plan for 2025 since Intel will pay for healthcare for one year through Cobra. Is this something we can do? Enrollment deadline is here and need to... — read more 

Intel may be working on a new foundry deal with Samsung, which could result in some exciting new developments. Meanwhile, a positive third quarter might help Intel get back on... — read more 

https://m.youtube.com/watch?v=V_UHVWcfeTg Here we go again. Arrow lake is garbage.

Will there be an important announcement? Answer: maybe 🤔 More benefit cuts might come You heart it first

What's the point of laying people off just to save some cash when the same problematic leaders remain in charge? A lot of executives who’ve made poor decisions for way too long are still at Intel - starting with Pat - keeping their cushy salaries and... — read more 

13 Gen with better performance than Arrow Lake??? Pat what’s going on?

Are we expected to get anything or is it just a wash ?

https://www.thurrott.com/hardware/311842/qualcomm-lunar-lake-is-a-lie Turns out the one so-called bright spot in Intel's product portfolio is a whole bunch of marketing lies

I’ve been consistently looking for another job for months now. Is the job market getting increasingly bad, or is it my subjective experience? I’ve been getting less offers lately, and next has always been worse than previous. Does anybody have any... — read more 

I wonder what the geo spread is of the layoff worldwide. Evenly spread or perhaps more weighed towards lay offs outside of US? And also is it more focused on manufacturing or not ?

For those ISPed, sign up for the cobra health insurance? and what else Honestly, feeling down so much , not sure what everyone is doing. Even thinking taking some rest

"The CHIPS Act gives the U.S. government $39 billion in grants to revive American semiconductor manufacturing. The government has already promised (but not yet disbursed) up to $8.5 billion in grants and $11.5 billion in low-cost loans for Intel... — read more 

For those 7 and up, did we get the cash value already of our ‘thank you’ stock? Was it in the original check? I know we get the Q3 bonus after the earnings announcement, but my guess is it will be same as the last one. $50. And I k w next year we... — read more 

Nobody is happy. Employees are burned out and unhappy. Customers are unsatisfied and leaving in droves. Shareholders are losing so much money and plenty are selling. Basically, nobody is happy with Intel at this point. So who is the ELT working for?... — read more 

https://www.oregonlive.com/silicon-forest/2024/10/intels-oregon-layoffs-by-the-numbers-vps-fellows-and-engineering-all-took-hits.html?outputType=amp The numbers indicate that Intel laid off 10 vice presidents, including five vice presidents of... — read more 

If there ever was an intention to dig Intel out of the hole. We are losing competent people left and right. Firstly, people who took VSP were in many cases those who have been confident that they can find another good job, therefore useful, and opted... — read more 

Tesla, Intel, deny they're the foreign company China just accused of making maps that threaten national... — read more 

ELT - Pat ( snow-white .. ) and the 7 Dwarfs

In Israel, the dismissals are set to begin after the holidays and will likely include several hundred employees out of the 11,000 employees in Haifa, Petah Tikva, Jerusalem, and Kiryat... — read more 

It seems that layoffs are always Intel's first choice when there are other ways to cut costs that would not affect the entire workforce as much. How about reducing non-personnel costs or offering voluntary layoffs to everybody, for example? Why does... — read more 

She has created enough mess in TD already. Look at the TD ORK grading shown in monthly open forum.