Online job searching has gotten a lot harder. They are called ghost job posts and it is a really common thing. There is a lot of information about them online. Apparently there are even AI HR tools that refresh the posts to make them look... — read more 

I am looking at the spreadsheet right now. 5 weeks of pay for each full year of service, max = 47 weeks 9 weeks of pay in lieu of redeployment time 8 weeks pay enhanced retirement Over 47 weeks maxes the payment out at 64 weeks. Then $20k... — read more 

Anybody with two working brain cells knew full well we were not on the road to recovery. You can just read posts here from the past year to realize that everybody could see things were getting worse, not better. Everybody but our leadership... — read more 

Ummm no you pay cobra

If you total 2024 before this historic quarterly disaster we already had layoffs...now an additional so called 15K..but remember. Contractors are NOT included in headcount. So it is likely 30K total this year...And do not forget..2025 Pat said... — read more 

bidrn quoted this numerous times when promoting the chips act and new fabs cinstruction, and intel never corrected him knowing it was false. asking for a taxpayer friend...

Intel want's cheaper. It's as simple as that.

Being below book value won’t save it as long as Pat is still torching good money after bad on things that will never return profit in the vain pursuit of his now defunct plan

All Scrum Masters can be CPM’d some of these people have one or two APTs what are they doing the other 37 hours each week. What a waste of money.

Did you hold hoping it will go to 100? Ignore the autosell? Let's share our loss p-rn. I am 8k down but I'm not going to stay for it to vest anyway.

Why the surprise about family? You have only a transactional relationship with Intel. You owe them nothing more than a days work and they owe you the agreed salary. I dont understand why this is hard at the end of the day fu-k intel if they dont... — read more 

Leadership needs to look hard at the grade 10 and 11 individual contributors, product owners, in these groups that do little to help out IDM dreams. Are they necessarily they have high salaries and don’t contribute to our bottom line.

All the shock and surprise seems misplaced on here. We have seen this coming for at least 4 years, even Pat said it. They couldn't get the process developed, shells built out or factories installed without the staff we had. But again as Pat said, the... — read more 

If we're about to have layoffs in thousands, why the he-l are we still hiring?

Given the scale of the cuts , I’m assuming HR are all doing overtime this weekend tagging people based on their arbitrary criteria to receive emails on Monday ! Next week is going to be very interesting… Please ensure I’m tagged - time to check... — read more 

Sure dude, you don't take these actions lightly. You don't give half of a blat. Come on. You are a multimillionaire, you got your piece of the pie. The Intel employee is just a body with a dollar sign on it to you. To be thrown into the garbage as... — read more 

Intel revenues have dropped ~$20B since Christoph Schnell took over ? He’s has a massive personal compensation package yet his venture into ‘value based selling’ as an abject failure (predictably) - putting someone in post with this mindset was a... — read more 

Pat Gelsinger should take a pay cut himself. He has already accumulated enough shares. If he believes in the turn-around plan, that is enough reward already. He also needs to be prudent with his words. To continuously mis-judge the situations is not... — read more 

First of all, I am not Intel employee, but I can feel the pain of working there at this time. I feel sad for the employees who will be impacted and pay for the mistakes that senior executives, VPs, Director and managers made. I worked for a few... — read more 

"You can fool some of the people - some of the time. And other people - other times. But you can't fool -all- the people -- all the time " This - will be Intel's ( and Preachers' ) epitaph .

AK been rallying all round the past year about needing more workers for fab. VSP and ER is still fine for oldies, but ISP for fab workers will be detrimental for manufacturing

What I haven't found yet is whether the 47 week max cap is adjusted in light of the extra 8 weeks.

this place is a practice area for them

I am seeing both numbers reported. 15% of 125k is 18k. Someone in Intel can't do the Math properly.

Just stumbled across this interview with Pat a few years back and now I know a portion of why we fail over and over...at the 35 second mark he says "relationships are more important than results"...him and his gang can sc--w up over and over with... — read more 

Working at Intel is like being Bigfoot and having a big bandage slowly removed. I left after 28 years on December 2022. No packages were offered at that time.

Worst stock price drop in 50 years. What a record achievement.

What should we do with them?

How can the CFO not know how to estimate overhead budget costs of a new process ramp in Ireland?

You know how many people "actually" work vs just manufacture "roadmap" or "status" slides. The Musket proved that 90% is always overhead.

Once customers starts moving to AMD and NVIDIA etc., it may be hard battle to gain market share again. Competitors know this and are piling on. Hope Intel can survive next couple years. Delisting from Dow or S&P 500 is just bad news.

Do we know if the packages are the same for VSP and ISP? I could not find a mention anywhere.

Over the past 3.5 years Pat spent money Intel didn't have on his foundry pipe dream, and completely missed the AI bo-m. When it became evident that the AI was bigger than he predicted, he was forced to pivot but it was too late. PVC was eventually... — read more 

They know their current salary is a lot higher than what they'll be making in Nov, which is $0.

At the risk of tanking the stock further It has generally been customary in the semiconductor business to run a process node long enough to recoup the R&D expenses, unless you’re going out of business Even with the decade long development, Intel 7... — read more 

There will be salary increase after the action. You heard it here first