Why not sooner? Why let us stress over the next ten days about this? Give me one good reason other than sadism?
Scope of cuts
Is there any information on how many employees will be affected?
If you're smart and capable, you already have a backup option
Those who try to convince everybody else that there are fewer good jobs available either don't know where to look or are not as good as they should be or think they are. The smart and capable ones already have several backup options ready to go the... — read more
$178M in his first 10 months....
Pat made $178M in his first 10 months at Intel. Intel is (one of) the worst stocks on the DOW. What's really going on... Pat didn't come her to "save" Intel, he came to dismantle it! Let's discuss...
13th Gen looks good
Congrats to those who worked on it, the initial benchmarks look pretty good
Intel reportedly to start ‘targeted’ layoffs in November
https://www.yahoo.com/finance/m/0c67a0f3-2cc5-3cc7-ba55-c6a041937415/intel-reportedly-to-start.html
Performance isn’t just job performance…
It’s business performance. If you’re the best widget maker in the universe but nobody wants to buy widgets, are you really needed?
Which groups to layoff ? HR, sales, Software , IT, MAnufacturing
I work on sales and our named written to the sky. But what other groups are coming with us:)
If you are a top performer …
If you are a top performer don’t worry. Tech industry always hungry for experts and top performer!
How much do you care about keeping your job?
Reading some of these posts I get the impression that I am the only one here who would like to keep his job. Sorry, but I don't understand why people who write that they can't wait to get laid off are still at Intel, and not at some other... — read more
Intel Is in Trouble as PC Demand Dlumps
https://www.yahoo.com/finance/news/intel-trouble-pc-demand-dlumps-155756892.html
Everybody wants to leave Intel
Employees are running away from Intel in droves, companies acquired by Intel are leaving at any cost, and here we are awaiting a major layoff round. Why? Is it really necessary when so many are already happy and willing to leave on their own? Is... — read more
Who will be the first to go ?
For Recent college grads, will they be the first to go ? I understand wanting to get rid of higher paying employees who have grown idle in their roles and don’t drive value, but if you have a team with older and middling age employees who are all... — read more
Layoffs can be a good thing ?
Sometimes layoffs can be good. They get rid of unwanted employees and also unwanted behavior by these employees infecting the execution. We all have come across such folks. What kind of employees and their behaviors would you like to get eradicated... — read more
Any news of number of impacts to global supply chain?
Any possible news of reshuffle, reorg, layoff in GSC ? In orders of thousands?
Software Strategy: Needs Improvement
In spite of all this wheel spinning around software, hardly anything is applicable to customers. Services people can't build products and IT services is running the show! How can we succeed if we approach like this?
Intel is really the best chip company!
Intel is so great. ARC Alchemist is sold out everywhere and marked up by double by resellers. Products in the pipeline are great and only going to be greater with improved fabrication nodes that are coming fast and furious. IDM 2.0 coming to make... — read more
Sure-fire was to not get laid off...
Simple state that you identity as an Intel Employee. They certainly won't want a lawsuit for forcing someone to identify as something they don't want to be.
Can’t wait for the package
When are they going to announce? I’m in a group with toxic environment. I want to get my package and take a break. If I knew it will be working with a bunch of people like that, I wouldn’t quit my previous job and join.
Exit Package - Germany
How much will be the exist package in Germany? make your guess 😋
Just wondering...
What is the probability that Intel, after this slashing of jobs, will very soon need these same employees and want them to return to the company? I have heard from some people that this could happen, although I doubt it.
https://www.cnbc.com/2022/10/18/microsoft-confirms-job-cuts-after-calling-for-growth-to-slow.html
https://www.cnbc.com/2022/10/18/microsoft-confirms-job-cuts-after-calling-for-growth-to-slow.html
Underground Chips
https://finance.yahoo.com/news/chinas-underground-market-chips-draws-000010446.html
Problem with cuts here
I think the problem are not the cuts, because Intel needs a major reduction in headcount. The problem is that pretenders, incompetents and slackers are not the ones getting cut, instead they are cutting the best employees we have. I think it will be... — read more
Layoffs could continue over Q1, Q2
Slow as always, some orgs are doing a "phased approach" to reducing cost, cutting some easier projects now, but revisiting later for more rounds of culling.
Let's talk facts
Intel tends to overhire. This creates issues with some teams where there is not enough work to go around. While Intel should not have hired those people in the first place, the fact is they are here and they have nothing to do. That bloat needs to be... — read more
Way Way Too Many Sites
When do the Execs realize how this slows down our execution and begin to consolidate work over many fewer sites?
Is anybody surprised?
Mobileye is seeking autonomy from Intel at all costs Mobileye's IPO will be the largest ever by an Israeli company, yet it is still disappointing as the company will go public at the same value at which it was acquired by Intel 5 years ago, even... — read more
Do not post on this site.
They keep deleting posts here. Half the comments are deleted so you are not seeing the half the stuff. We need a new place to post freely. Anyone wants to volunteer and create a site on reddit?
21 K Hiring in 2021 from different places and laying of senior Intel people
I know at least 100 people from the same company has been employed in same Org over the last year. Now they are planning to replace the experienced people with new ones with a hope that these new people will bring vision and deliver. What exactly we... — read more
AMD is hiring
https://www.amd.com/en/corporate/careers
I heard that they will be giving PowerPoint proficiency tests to everyone!
It will be the most important skill going forward... Also, if you are over 35 or don't have at least a masters degree you will lose points even before the test begins. If you are over 60 you will be retiring soon.
Layoff Update
I heard BUs are given their remaining 2022 and 2023 budget. Spending cannot go higher than that. Teams decide what percentage to adjust or have no layoffs. It all depends on your team and project you are working.