NEX.. maybe others as well?
Poaching Talent
How about poaching talent from all the other top tech companies laying off people?
We had better prepare for continuous reductions in the coming years
I'm safe for now, but I'm aware that we won't be able to breathe easily here for a long time to come because continuous reductions will follow. However, how often these days are employees in the industry offered a better option than to wait for... — read more
Hiring
I thought there was a hiring freeze at Intel, especially due to the major layoffs we've been having. Was I wrong? I keep seeing people commenting how they got a great offer from Intel, so I looked up open positions. It was a shock to see how many... — read more
Thursday's Q4 earnings report will be a big indicator of the future.
Analysts are looking for earnings of $0.20 /share with revenue of $14.5 billion. If they don't at least meet this low bar and have a better forecast for the year head count reductions will likely accelerate.
Ghosted by Manager
My manager stopped showing up to work months ago. The worst part, beyond our team having to pick up the slack, is that his manager hasn't even noticed. It's depressing.
Davos costs $250,000 who paid for Intel CEO to go and pontificate?
Is it appropriate to go to Davos to hob nob with the global elites in the middle of poor execution and large layoffs? Why? Yes it is an ego boost but arguable the ROI on it is suspect. You can grift for tax credits by picking up the phone and... — read more
Intel’s insight better than Google and Microsoft
Now that Microsoft and Google are laying off more than 15000, It looks like Intel made a move much better than these other companies who waited so long and did it in so short time. There is something Intel does better and market catches up
Now Double That Layoff
https://www.channelfutures.com/business-models/intel-job-cuts-more-than-doubling-in-california-employees-walking-on-eggshells
how are my Oregon hillsboro friends are doing?
did anyone get fired yet?
30 layoffs confirmed in Ireland
https://www.rte.ie/news/ireland/2023/0120/1349915-intel-redundancies/ Why is Ireland getting off so lightly...?
Intel casts doubt on Italy for chip factory location
https://www.theregister.com/2023/01/20/intel_gelsinger_casts_italy_factory/
PSA: Intel I226-V 2.5GbE on Raptor Lake Motherboards Has a Connection Drop Issue: No Fix Available
https://www.techpowerup.com/303854/psa-intel-i226-v-2-5gbe-on-raptor-lake-motherboards-has-a-connection-drop-issue-no-fix-available "Still, such issues aren't acceptable, especially not from a world-leading manufacturer like Intel, who once was... — read more
Major layoffs at Google
I looked at their severance package and I wanted to weep. Those who have been with the company for more than 15 years get to walk away with nearly a full year's salary. Imagine being awarded for your years of service like that. Even when being laid... — read more
Such drawn-out cuts have incalculable consequences
I'd say if you have the means/skill move while you can unless you been there for a while and would welcome a severance. I've never seen anything this weird or drawn out. MSFT, Facebook, Amazon. They go the rip the bandaid off approach. Intel on the... — read more
Job market is really bad out there
Are tech workers finding jobs quickly? With all the layoffs including Google announcement of 12K today, it is really bad. I wonder when Intel will announce major layoffs as so far there has not been really any.
Updated numbers for CA impact
https://www-marketwatch-com.cdn.ampproject.org/c/s/www.marketwatch.com/amp/story/intel-cuts-hundreds-more-jobs-in-california-and-indicates-more-to-come-11674168848
Intel cans luxury R&D center, promises parking lot instead
Nearly two years after taking over as CEO, Pat Gelsinger's master plan to reinvent Intel is on uncertain footing as the chipmaker struggles financially and fights for government subsidies it says are necessary to keep its foundry expansion on... — read more
Arizona fab techs impacted?
Asking for a friend
Flood gates have opened
Searched for intel layoffs posts in linkedin and saw a huge number of posts ranging from yesterday till previous week. No one's spared i guess irrespective of their domain
Some people don't even know why they were laid off
People here are walking on egg shells in fear of becoming a target and losing their job. This kind of uncertainty and knowing that employee's hard work does not mean much creates mistrust and a very bad atmosphere in the company. Not giving the... — read more
Long Time Intel - The Truth
I was with Intel many years (between 15 and 40 lets say) and I just want to say the company is one of the best. Any time I ever needed time off, I got it. Any time I was sick, I simply sent an email saying I was sick. The cafe's are great with lots... — read more
PG twitter is rad LMFAO
https://twitter.com/PGelsinger/status/1614638671528878082?s=20&t=YpgvNXgrywA9RjKXpKolmw
Why it will get worse and worse regardless of what Pat does
Duh , who supplies most of the most expensive part of this and gets huge margins if they have good technology and manufacturing? PC sales dropped by more than 25% year-over-year in the last quarter of 2022, as did the prices for the hardware that... — read more
This paints quite a picture
November was brutal. And the chart doesn't even include the December number. Add January into the mix, and the total will most likely double. If you weren't worried before, you should be... — read more
Lots of reasons folks are laid off, many of which are not performance based
The entire concept behind a layoff is that a position is being eliminated, and that the person who is occupying that position is no longer needed. It isn't necessarily that the person is a poor performer and not of possible value to the company -... — read more
Got my unscheduled 1:1 with manager for tomm morning
I have unscheduled 1:1 tomorrow morning and some detective work and it seems so does our entire team at different times. Quite confident we are getting cut. Quite honestly, feeling quite relieved and deep down have lot of respect for Intel and wish... — read more
Any L Offs notices yet? Is tomorrow the day?
Just tell us already, tired of checking this site and page every day 😂
When will the company rip the bandaid off?
Cutting a few heads here or there is just rearranging the deck chairs on the Titanic... When is the company going to take actions that match the magnitude of the problem? ki-l IFS 3.0? ki-l discrete graphics? cut 30,000 heads? deliver on the... — read more
XFG Organization Announcement: Development of new Tofino® switch ASICs is cancelled
go woke go broke
Intel halts construction of $200 million Haifa mega-campus
https://www.calcalistech.com/ctechnews/article/gd88bw9bb