Any update from the DCAI group? I heard there e will be 9% headcount reduction.
Got offered CPM in CCG. Did not take it. Now what?
Quiet a few folks in CCG got the CPM last Friday. I did not take it, inspite of my manager saying that our group is being shutdown. Will I be forced to take it later? Trying to see if other groups have open positions.
Details about DEG layoffs?
Any more specifics than what was announced in the quarterly call? Disappointed with the lack of transparency and communication about the layoff timelines and the number of people who be affected.
ATTD Chandlor
Need to move from AZ to Oregon once job postings are available in Oregon. Need to apply and get hired again. This is a good way to eliminate jobs.
New round of VSP?
Waiting on an offer for a new job? Any heard of another VSP, so I can leave happy.
"One of the best companies" according to Warren Buffet
is not Intel...https://finance.yahoo.com/news/buffett-taiwan-semiconductor-is-one-of-the-best-managed-and-most-important-companies-in-the-world-173016874.html Billionaire investor Warren Buffett said a lot by not complimenting US semiconductor makers... — read more
Fort Collins?
While interviewing for a job in Colorado, I drove by an Intel facility in FT Collins? Any idea what they do?
Caught in the act
I've sneaked upon and saw my manager take a loot full of stationery items ( pens , pencils, notebooks etc. ) from the office inventory. Should I report it ?
RSU this year
Managers are given from 100-300 percent range to give RSU amount. Something like top 10% can get 300% of baseline. I know layoffs are in progress I shared for those who survive this round.
Intel being slowly sold piece by piece to the highest bidder
Sad what it has come to
Intel Austin site for sale
This is not looking good at all https://www.statesman.com/story/news/2023/05/11/intel-layoffs-austin-office-sale/70204256007/
HR is worried about employee morale!
Please make sure to fill out the survey
Tech lay offs
Will they be laying off anyone who works close to the wafers?
People trying to look busy
Of course, I'm not happy that some people will lose their jobs in this economy, however, realistically, many people here are having to pretend to be doing something because they have almost nothing to do. For me, not having enough work has long... — read more
Best of luck to everyone on this round of layoffs !!
These are tough times having high inflation, layoffs, etc. Stay strong, hopefully good days are coming
A PayPal Guy Is Intel's Chairman of the Board
PayPal is down more than 12% today. The company lost 2M active accounts after it tried to police the speech of its customers. Many left in disgust. Many more pulled money out and left a few dollars in zombie accounts. Pray to God that the man has no... — read more
As I predicted for years layoffs and more layoffs all but certain
Intel’s destined was sealed years ago. There was a small chance with the right leader and right vision something real and good could emerge at the end. But now with IDM and IFS to to the death the ending is all but certain. Take care of yourself... — read more
Since MGMT is requiring RTO
Here's another favourite! Since MGMT is requiring RTO, I say when you see a problem, just don't, "notice," it for a few hours. It may cost millions...Make it COST MGMT for forcing this upon us! It WILL have costs! ;) Thanks A$$holes!
Performance is going down
They created a very tense atmosphere, the anxiety is astronomical. Do they even realize that in such conditions the performance goes down drastically?
Big Losses & Intel, layoffs to happen.
When will the layoffs start? Any word, please share.
What's the YouTube usage policy out here
I'm viewing YT close to 6 hrs on office laptop. Should I be worried ? Do managers or IT have some sort of browser tracking app or something ?
I appreciate The Register
The title of their article is: Spectre of layoffs looms over Intel following dismal sales The blurb underneath? Shareholders gotta get their dividends somehow, right? Telling it like it is. We could do without layoffs and try to get our earnings up... — read more
Dignity and respect
“These are difficult decisions, and we are committed to treating impacted employees with dignity and respect,” Intel said. Yeah, I call BS on that one.
Folsom
How is the situation in Folsom?
CCG, DCAI, TD layoffs are already in progress
Today I heard two of my colleagues moved to CPM. It looks planning and selection was done a while back and announcement a few days back
We're now in layoffs round 2
As mentioned in February, the end of March was only the first round of layoffs. We're now deep in round 2, this round will be larger, harsher and much less transparent. Additional rounds will follow in Q3 and Q4 as Intel opted for the slow, piecemeal... — read more
Possibility of losing entire groups
My group saves millions for the company each quarter, but almost never meets the metric given (IYKYK). I bet we’ll all get wiped out since we don’t manufacture or help manufacture wafers. Management is a joke, same as the C-level execs. Too... — read more
Lack of transparency
If they cared about their employees at all, I guess they would be at least be a little more transparent about layoffs. Why so little transparency? Do they think that it will save their reputation from further deterioration?
RSU G6
with MS G6 SOC who joined intel 2022, How much RSU should I expect this year to be granted? I have seen levels fyi and would like to know directly from you to see if those are accurate
Date for Stock Award?
Heard from my manager last month that this year we would get stock award. Anybody knows the date of this RSU grant?
Flash round of layoffs
https://www.oregonlive.com/silicon-forest/2023/05/intel-plans-fresh-round-of-layoffs-other-cost-cuts.html?outputType=amp
Tyson Foods vs INTC ?
Tyson Foods, the meat processor posted Q1 revenue of $13B, and an EPS of -4 cents, both handily beating INTC. Without a new manufacturing node in many many many years, what defines a company as "tech"? For fresh cash, which is the better bet? INTC or... — read more
What Lies Ahead For Intel Stock?
https://www.forbes.com/sites/greatspeculations/2023/05/08/what-lies-ahead-for-intel-stock/
Intel is way over HC by every metric
If Intel is a manufacturing company compare Intel HC versus TSMC for revenue per HC, profit. If it is a design house compare against AMD, Nvidia or Qualcomm. Sadly Pat is dreaming back to the Intel of 20 years ago. Tell me you believe Intel... — read more