Efficiency cuts finally showed up. These fine men and women go home at the end of the month but are eligible for rehire. Any idea how they were selected? Were managers involved? OR another HR secret recipe? Encountered several within CCG, can't find... — read more
Over 60 termination and RSU acceleration.
Intel's policy is that at termination and if you are over 60, you will receive 1 year extra RSU vesting for every 5 years of LOS. It is called "Rule of 60" and you don't have to meet any of the other retirement rules,i.e., rule of 65, etc. I don't... — read more
Murthy wanted to reduce headcount to 80k to align with Qualcomm revenue per head.
BK was worried about this risk. Once the sugar rush comes in the next few quarters BK won't be able to resist.
Good News Leftovers: Intel will announce tomorrow that it has met the 12k headcount reduction, Bad News; 20k reduction in Q1'17.
G reat P lace T o W orry!
I think Intel doesn't have enough women, Latino and Muslim engineers. I think Intel HR will need to triple the headcount in those categories....
...in order to counter the media frenzy that is about to ensue with BK backing Trump. This reaction is similar to when the CEO of Chick-Fil-a came out and voiced his conservative opinion of gays and lesbians...and then had to back peddle and offer a... — read more
UBS email - Update it! if you are terminated and receiving eNotice from UBS.
Update your email in UBS One Intel, to your personal email. It is your INTEL email by default. Just go to statements and add a new email, then select it and select update. I received ISP and UBS does not reflect the termination yet. If UBS shows your... — read more
Calculation of Separation Pay and SABB Payout
Called HR and this is how they calculated the pays: Separation: (Base + APB) / 260 (#of working days in a year) * 5 = Weekly pay Weekly Pay * 6 = 6 weeks separation pay you received SAAB payout is calculated the same way, except they do not include... — read more
Which of our executives do you respect?
It's easy to find self-centered, rude, and unethical execs in the current batch. I'm looking for the ones who are well liked and well respected. Hard to find them. Anyone got suggestions? I was in a meeting recently with someone who has "chief" in... — read more
Can someone tell our management you can't buy every budding IOT company and force them to switch to x86
Why is Intel buying a computer vision startup? Instead shouldn't they be asking the startup why they aren't buying Intel?!
After June2nd: How soon will we know whether VSP turns into ISP?
I am not sure if I should accept that VSP. It may be inconvenient if we are no longer eligible for rehire.
Racist BK
Never knew BK was a racist and supporter of Trump. Wonder what else he maybe that we dont know?
Job offer from Intel with excellent compensation package
Intel came back with an offer I could not resist. coming from start up world, working at Intel will be a breeze and I figure I will stick around for a couple of years until I don't have to pay back the sign on bonus which is significant. My only... — read more
Intel is slow
Natural many managers refuse to admit it. But for those who really care, come have a chat with the engineers. Those who have spoken out had been ISPed. Us remaining have a lot to tell but we never talk about it. So Vice Presidents, Directors and... — read more
Intel Needs an Activist Investor
A few examples of dysfunction: Terrible record with acquisitions. We consistently pay premium prices at or above the reasonable range (we always seem to be the desperate one in the negotiations). Slow. All of our external stakeholders complain about... — read more
apply at yahoo
guys, those who were let go from HQ, apply at yahoo across the street. They are hiring.
VSP/ISP won't be enough to drive innovation in new or existing areas
During one of the open forums a question was asked about why we containing to actively to hire RCG even though large cuts are being made. The response was that we need fresh ideas from institutions teaching and researching the latest trends. This may... — read more
Guess who am I?
I spent $300 million on Intel diversity program but I support Trump! I outsourced thousands of jobs to India, China and South America but I support Trump! I recently fired 12000 hard working americans to hire foreign workers and I support Trump!... — read more
Sentiment at Intel Bangalore
What is the sentiment now at Intel bangalore? Are the layoffs over and how many were there? Are people there trying to leave Intel?
Donald krzanich
Reality show... check Likes firing people... check Contradicts himself... check No concrete vision... check I think Trump found his running mate.
The biggest irony to this debacle that BK just got himself into is that. It would be really really funny if he ends up getting fired over this..
...instead of getting fired because he was otherwise incompetent.... But this may very well cause the Board to dismiss him.... imho.... If I were latino, muslim, or a woman, I would feel very uncomfortable working for intel right now. I mean, would... — read more
Krzanich's apparent naivete - Recode
Intel Chief Executive Brian Krzanich is dropping his plan to host a fund-raiser tomorrow for Donald Trump at his home in Atherton, Calif. The abrupt about-face came within hours after the New York Times began inquiring about Krzanich's support of the... — read more
So now that BK had a "coming out" that he supports Trump... If you work at Intel and you are Latino or Muslim, can you....
claim that it's a hostile work environment?
I always modeled himself on trump
We'll have to build a wall, a firewall so big it will keep layoff.com out. Then we'll have to send them back, all the whites back to the companies they came from. We are going to lose so badly it's going to make your head spin. You think the Iran... — read more
Quoting Lindsey Gramham.... Intel has gone Batsh!t Crazy!
https://www.youtube.com/watch?v=NoLwyWD2XA4
In other news, BK, listening to advice from Trump, has decided to open a brand new Intel division called "BK University"
At BK University, students will get high intensity engineering training from instructors that are "hand picked" by BK himself, from his successful executive team!!!!!
I think what would make more people's head explode at Intel is if...
Murthy came out an says he supports Trump too.... LOL
Thanks BK! For a moment there, layoff.com/intel was getting stale. Now that this GEM of a news is out, we've got a lot of fodder to play with...
here on this website for the next few weeks..... I guess we should start posting #WhatWouldBKDo ?
Intel EEs are paying for the Intel PAC which funds politicians, see who Intel supports here:
Article here: http://techcrunch.com/2016/06/01/intel-ceo-known-for-diversity-efforts-cancels-trump-fundraiser/
As much as I don't want to admit it, I think Bernie is probably the best character versus trump or hillary.
Personally, I really don't trust either trump or hillary. Bernie might be a crazy socialist, but at least you know exactly where he stands on things (love it or hate it).
BK supports Trump? How lovely!
Intel CEO Brian Krzanich was going to hold a Trump fundraiser but suddenly canceled it Intel CEO Brian Krzanich's plan to show his support for Donald Trump at home got dashed, the New York Times reported Wednesday. The report said that Krzanich was... — read more
Updates from open forums?
So there have been open forums in OR, SC, FM for different departments btw yesterday and today. Any news? Also, any additional cuts from efficiency actions so far this week? Pls post what you know.
Time for Intel Employees to Unionize Beyond the borderline legality of waiving pre-dismissal hearing…
Intel has offered hundreds of employees in Israel who face dismissal enlarged severance packages, equivalent to at least eight monthly salaries, if they agree to waive the mandatory pre-dismissal hearing. Beyond the borderline legality of the move... — read more
Deadline June 2nd
Are you going to take the VSP?
Re-hiring for 2nd round ISP (PEG ACT round 2 efficiency cut)
Does anyone know if re-hiring is available for 2nd round ISP (ACT efficiency cut)? I'm eligible for both VSP and offer expires June 2nd, after that it'll go into ISP with last day being June 30th. I do want to keep re-hiring door open. Would the 2nd... — read more