Are the Chandler notifications still going on?
What Is LBT Supposed To Do?
Is he supposed to keep everyone that Pat kept on the payroll and try to find a way to actually turn the company around when there is absolutely no chance of it? Should he just give VSP (CPM) again like Pat did when VSP (CPM) devastated many... — read more
How was anybody surprised by this?
I swear, some people are their own worst enemies. A guy on my team was shocked to be cut. Like, genuinely “what the he-l just happened” shocked. He knew all about the layoffs, but somehow convinced himself he was safe. And now he’s completely... — read more
LBT: $500M savings this year. $1B savings 2026. Bloodbath just starting.
Title says it all. Will get worse. Anticipate company 50,000 mid 2026 and sold off for parts. Stock up.
Any VPs or Fellows been CPMd yet?
Anyone knows of any VPs or fellows who have been fired yet?
RIP Ohio power station
https://www.tomshardware.com/tech-industry/semiconductors/power-utility-built-usd95-million-500-megawatt-power-substation-for-intels-usd100-billion-ohio-fab-but-six-year-delay-leaves-substation-capable-of-powering-500-000-homes-idle
Which Folsom groups are notified ?
Which groups other than Automative and Foundry are notified in FM site ?
In the Year 1999 Nvidia sold for the equivalent of 4 cents per share and is now at 162.88$
In the year 1999 Intel sold for the valuation equivalent of about 30$ per share and is now at 23.44.... Think about that for a moment ..
I thought I was ready
But I wasn’t. I’d been bracing for this for months, telling myself I’d be fine. That I could handle it. But now that it’s real, it hits differently. Logically, I know it’s not a reflection of my worth. I know it happens. But emotionally? It still... — read more
Exhausting wait
I don't want to be let go right now, thanks to the amazing economic conditions our fierce and stupid leader has ignited since January. It is awful out there, no jobs and many people available to compete for the handful available. I'm just tired... — read more
Culture Eats Strategy For Breakfast
Indulge me for a post. Assume our leaders have a sound strategy for Intel to turn around intact. Indulge me. Three cultural problems could derail that. defeatism. slacking. quiet quitting desperation. burn out. overwork. If work is cutting... — read more
Shift 6 and 7 are you ready?
Now it's the back half of the week's turn. Let us know how it goes.
Wow, was I wrong about Intel
I tried for so long to tell myself it was the company, not the employees. I kept thinking/hoping the people were basically nice, and it was the evil company making everyone so miserable. Boy was I wrong. Since getting notified I've seen the dark side... — read more
Wanting to start a business if I get laid off.
I am gathering data. What do people need but to lazy to do won’t do themselves?
How does Severance work at Intel
Is it just paid out as a lump sum? How does it work?
PG
Don't blame the man, he took very tough decisions for intel and him
RIP 18A??
I don't get it, if rumors are true and 18A gets written off for foundry customers, why would they line up for 14A ?
Second round of layoffs starting Thursday.
Layoff starting Thursday for the back half of compressed shift. My stomach feels weird going to work tomorrow. What is a good excuse I can use to PA? All this stress is giving me the IBS squirts?
My My, How The Tables Have Turned!
INTC market cap - 100.958B NVDA market cap - 4T AMD market cap - 223.559 Intel leadership is a complete failure!
Article listing every Oregon layoff position
Seems interesting that Intel released the list of positions affected (and number) to the press. The list is in this article. Is that (release of specific info) new for Intel?... — read more
Warning to those who are ISP.
Posted by @cy+1jzp3pe5c, and this is true info. Anyone who has been ISP may not need to worry about idling in the cafe surfing the internet, but IT and HR will go after you if you mess with your emails or files. Delete nothing and don't use a flash... — read more
This true?
This year only 3k headcount reduction planned. Next year 5k. LBT is slow in cutting heads. Is this correct?
Networking group
What is going on with NEX?
At least the stock is soaring
Investors always seem to love watching people lose their livelihoods if it means a better return. It’s disgusting. Fu-k it all to he-l.
Almost two decades here
That's how long it's been since I last interviewed. Starting over at 48 is terrifying. I'm okay financially for now, but sooner or later I'll need a new job. I really thought I'd retire here. Anyway, good luck to the rest of you.
Grade 55 56 57 module equipment tech
We have lost our grade 56 and 57 techs. due to being higher earners probably, one of the guys asked to stay if he dropped from 56 to 55 but was denied, these techs have a great deal of module knowledge and will be sorely missed. We are now expected... — read more
What's Wednesday going to look like?
Where are we at at this point?
Chandler Real total numbers...?
Do you think the warn notices for all this month will post next week? I call bs on tje 172 reporting. Maybe that for this week in Chandler. This can't include Ocotillo and not all Chandler, it has to be a lot more right?
Fab 28 Israel, Possible Shut down
https://www.tomshardware.com/pc-components/cpus/more-intel-layoffs-are-hitting-this-time-in-israel-company-is-even-considering-dramatic-decision-to-shut-down-fab-28
They did it once again
Once again they managed to skip every single slacker I work with. Who the he-l do these people know to survive something like this?
Looks like the fires are going to burn forever
I was working here for 6 years putting out fires in the background. Then this last year I was working remote from 8 to 7 almost everyday covering for folks I care about and getting the work done that was needed. For me to come back and get laid off... — read more
Time to start quiet quitting
If you take on the work of the people who were laid off, you're going to make your own life much harder and validate the leadership in their attempt to cut folks but keep the workload the same. Don't do it.
Where's New Mexico's WARN Notice?
Where's New Mexico's WARN Notice? Is that site immune like how it was last Fall? Anyone laid off from there?
Status Quo - helpful content
As a contractor fired from Jones farm in 2020 the day ya'll were told to go home for the pandemic was told to go home forever. #fu-kmeright They listed me as essential then faked a mix up. The sorting was automated so I definitely didn't sort them... — read more
There is more layoffs right? more than 529?
there is gonna be a second round of layoffs right, next week?
INTC up +$1.59, +7.23%! Time to fire another 15K.... Let's Go!!!!
The market seems to like the Intel layoffs... now $23.59 up +7.23%!!! Let's double up, and fire another 15K, and see if we can get to $25! We finally have a winning strategy that's working... Let's Go!!!