Management is SAYING that the company won’t be split… even though it clearly is being set up to do so. Having separate P&L for two halves of the business will show that one side is su-king wind very hard. That side will take some massive cuts, the... — read more
When will salary be restored to 100%
Following cut early this year. When will salaries be restored?
Competitors in the rear view mirror
https://www.cnn.com/2023/10/12/tech/qualcomm-layoffs/index.html
Intel in a 3 year spending reduction
We are about to start the 2nd of 3 years announced of spending reduction. Do we expect further layoffs?
Bored to tears after being laid off
Did you see how quickly that happened?
Intel CEO Needs to Land a Big Customer, and the Clock Is Ticking
Intel Corp. Chief Executive Officer Pat Gelsinger has embarked on one of the largest factory-building sprees in chip-industry history, part of an audacious plan to revitalize the Silicon Valley pioneer. But he’s missing a key ingredient: enough... — read more
Israel F28
Stay safe all, I heard the factorys region has gone code red.
AMD Exec Says Intel IFS is Destined to Fail
A senior AMD executive has implied that the most significant strategic change implemented at Intel under the stewardship of Pat Gelsinger was misguided. Intel's newfound enthusiasm for being a contract chip manufacturer for other companies, a key... — read more
PSG led by former CPO/ marketing person
You know its going downhill when a tech org is led by a salesperson.
how many ppl still in CPM?
https://www.bizjournals.com/sacramento/inno/stories/news/2023/10/04/intel-more-layoffs-folsom.html
Wait….After all these years, you’re finally saying the X86 is NOT going to make a comeback?
Maybe we should get into the mobile chip business. LOL
Another IPO will be announced beside mobile eye and PSG
You heard it first here. Stay tuned…. Guess which BU is that?
PSG separation = layoff?
Just read the news today doesn’t that mean PSG payroll won’t be Intel anymore? Are they going to be an individual company? People in Intel that supports PSG function will they see layoff/reorg?
promotion or demotion for SR
Sandra became CEO of new company. Was that a promotion or a demotion?
Intel stock is doing well
How? Can somebody please explain to me how is our stock still holding up decently despite everything?
Sandra stepping down?
Did anyone heard rumors Sandra will be replaced?
How long is bad at same grade level?
is 3 years bad at the same grade level and not seeing any promo for 2 more years.
Grade level transparency
How much does a grade 53, 54, 55, 56, 57 pull in these days? What about grade 003, 004, 005, 006, 007?
How are lower and middle management selected?
Self explanatory… roles include ROC OM, SEG, CWW SEG, RSM, SPM, COS, FE COS, BE COS, ROC eng, PROD manager, Manufacturing Managers (most but not all here), SGLs, NSE, DSE.. These are certified mo--ns across shifts without any real world experience in... — read more
Moving Finance job overseas
CFO just announced that we are going to cut US finance jobs (both voluntary and CPM) to increase HC in lower cost center like Costa Rica. And apparently only targeting to US finance employees. How is that ok especially when the company took... — read more
Layoffs in fab 24
Any rumors ?
Things are looking up
Tech layoffs are all but a thing of the past Layoffs in the technology industry have slowed sharply in recent months, bringing the number of jobs lost to tech’s efficiency push to a near... — read more
Reqs genuine?
Does anyone here think fake job reqs are listed in workday ? No follow up and getting ghosted
Joining Intel next week
I just found this site and I am worry now of my decision to work at Intel. Any tips to do well at Intel?
You know you're underpaid when your neighbour earns more from her OF than you do from your Intel salary
What has the world come to.
Can we trim senior management?
Way too many people doing basically the same job and getting paid too much for it. I'd cheer for those cuts.
Working in IFS
any feedback for working in IFS as a software engineer?
Does anyone feel Unacknowledged or Unthanked these days ?
Is there a lack of work-life balance? Is your manager unappreciative of your work? Do you feel pressure after all the recent layoffs? Do you sense that regardless of your efforts, the management doesn't seem to care about you anymore?
Time to reconsider unionizing Intel.
In the 1960s, CEOs made about 20X the salary of their average employee. Now CEOs make 400X the salary of their average employee. CEO compensation has gone crazy, look what PG is making while employees are being laid off and others having their... — read more
https://www.intc.com/news-events/press-releases/detail/1650/intel-editorial-intel-addresses-semiconductor-workforce
No layoffs needed
Potential
The potential for intel to explode is definitely there if intel executes with its AI demand. I suppose one unknown catalyst with intel is what happens in taiwan/china. If things get crazy over there, suddenly intel seems alot more valuable as the... — read more
Welcome to Intel
Somewhere tonight, people will be sitting in a lab waiting to test an after-hours driver patch for a chip that's already late to market, benchmarked under par, and nobody wants to buy.
Intel hit with EU antitrust fine
Intel was fined 376 million euros ($621 million) on Friday in an EU antitrust case stemming from actions the U.S. chipmaker took between 2002 and 2006. An initial record fine of 1.06 billion euros ($1.75 billion) in 2009 was thrown out last year by... — read more
Say whatever you want about Intel
But we've had the fewest layoffs since this whole techagaddon started.
We will lead in AI! Just like we seized leadership in….
Can anyone name one thing we led or became the leader besides x86 where we had a competitive moat that hid our incompetence ?