Intel is going toe to toe with the US government and my hat is off to them. Intel had to outsource to survive back in 2005. Tech companies were charged a 35% tax for all money earned overseas, so that money stayed overseas. When Obama was elected... — read more
Rare film recently discovered captures Intel FLM adopting typical survival behavior in their natural habitat
https://youtu.be/XJsN6LAsG2c
Got mine ISP today too
June 30 term date. It is involuntary, but not considered performance based. Due to "site closures and consolidation." Documents specifically say I am rehire eligible immediately. If you rehire within a year you give some of the variable sep pay back... — read more
Recent HR criteria for 2nd wave selection
Here is how it goes: Each are VP's, MVE, Arch, DA/DTS have gotten together with tops down targets of cuts, 20%, 30% whatever. They then slice and dice the area of people say 2000 into sub groups of 100 by site or whatever grouping then want. Then HR... — read more
I secretly recorded my brutal intel performance review with ISP walkout.
Going to a review was a kick in the balls/pussy. https://www.youtube.com/watch?v=wAg1r6zw7Bg
Is June 30th the final day for the next phase of cuts ?
For the upcoming cuts is June 30th the last day or it can be in July too or even later ?
The real reason Murthy joined Intel
I heard Murthy was salivating when he arrived at Intel. It was like a big juicy steak primed for cuts. No wonder he could wait until focal was completed. It was like Hiroshima for the Americans. Somewhere he could detonate a thermonuclear package and... — read more
VSP, ISP, ERP, I don't get this.
You just received a VSP, an ISP or an ERP and you worry about taking it or getting rehired. Really? The company you work for just told you that you are not wanted and to GTFO. And you want to stay there? I would get rid of you just because you are... — read more
Murthy Qualcomm testimonial
I worked in his organization for a number of years. I did not directly interact with him, but the VP and Sr.director that were under him exhibited the exact same corrupt and sick behavior that -bek described. The culture of an organization always... — read more
Murthy following in the footsteps of Andy Groves
Groves shunned large oak paneled offices and preferred a cube like everyone else. Groves was very open and liked open criticism of his ideas. Groves flew coach like he asked all his staff. Murthy likes to eat.
very expensive tooth brush
Intel awarded reality show contestants $1 million for creating a smart toothbrush. http://www.theverge.com/circuitbreaker/2016/5/25/11770888/grush-kids-connected-toothbrush-intel 10 more engineers may get ISP to support this brilliant project.
Forbes: Qualcomm is officially bigger than Intel.
http://www.forbes.com/sites/dividendchannel/2013/08/08/qualcomm-now-29-largest-company-surpassing-intel/#5e9c7646d46f
So it happened
FM MVE, no VSP, got 1:1 request from my manager this morning, end date June 30th. Not entirely unexpected thanks to some of the helpful posts I saw here, but still a bit of a surprise. Good luck to all that are left and whoever is in the same boat... — read more
Got ISP release form... any 9ne know why it says 2wks not 8wks as HR mentioned? Any one know how to ensure pay for service yrs would be 1wk ...
Number of wks per served yr.. how Intel calculate... release form does not say how... HR at the kick out mtg had a table showing wks for served yrs
I've never worked for an American company before
But is this typical how they treat their employees as soon as they become surplus to requirements?
25th May VSP turnes into ISP
today i had 1:1 with my manager and I got my package to separate on 30th june...can i be hired by the company again? i dont see my vacation as part of the package...does anyone have an idea?
Intel should split to seperate business entities
As Moore's law becoming less relevant the company should start thinking about splitting to several companies. Intel process becomes a burden and TMG can't tune its process to support more lucrative markets. Communications is a commodity - it may be... — read more
They can pay Murthy 25 Million dollars, but suddenly the rest are all dead wood?
How many engineers, techs, planners and other staff could be paid for the dollars that are going to Murthy? They say these people in their early 50's are getting paid to richly? Time to look in the mirror? Good people were and are being cut... — read more
Murthy secret spices....
Murthy knows the great thing about cuts like this is you can't see the opportunity cost. There is no parallel universe to compare the two Intel's. What Murthy can do is reduce operating expenses which fall straight to the bottom line. Thus is hishis... — read more
HR needed to use a scalpel to carve out the deadwood. Instead, they come up with a formula to fire older employees.
Here I am in my 50's and being offered a fat bonus to retire now or take my chances that I don't get forced out with a smaller plan if not enough people accept. In five more years I would be ready, but right now I'm not. I face a terrible choice. Who... — read more
Ahhh Intel is finished 12k jobs going
What a 56 billion company can work without 12k slackers? Guess you aren't so special.
New product or diversified Business interest
http://www.mercurynews.com/business/ci_29934737/intel-breaks-into-reality-tv-americas-greatest-makers?source=rss Hoping time spent on this by this executive can be well spent to face the challenges faced by Intel today???
LinkedIn still being mitm'ed?
Certs look ok today
Grush
Discuss
Any of the companies bought by Intel still making profits?
Am curious to know if something is fundamentally wrong with the way Intel operates.
ISP Question
ISP paperwork given on April 25th says 8 weeks + "1X APB" Paper work sent by Intel (received today) says: 6+2 weeks of pay (if you return the signed docs) = 8 weeks BUT no mention of 1X APB..... any thoughts? A note for some who are patiently waiting... — read more
Advanced Micro Devices Hits 52-Week High on Firm Q2 View
_"In the first quarter, AMD’s revenues of $832 million came above the Zacks Consensus Estimate. Also gross margin of 32.3% was up 279 basis points (bps) sequentially and 68 bps year over year, driven by an improved product mix between business... — read more
30+ days after ISP letter/escort and still no paper work.
The ISP letter said 3 weeks to receive severance package and I am still waiting. I have called the HR numbers provided and emailed the transition services and I have received no response or meaningful information. Is there anyone in AZ that has not... — read more
Cleanup in PEG & CCG
When does it begin. How is it that all the failures are still around ?
Efficiency cuts criteria
Manager training to deliver efficiency cuts has been rolled out. Any word on how the victims in each team were picked? Is this VSP or ISP?
The State of Intel
PC unit volumes have fallen off a cliff since the peak in 2012. ~300M units to about ~200M units this year. Revenue is flat since 2011 and the cost of new fabs are going up exponentially with process node. There is no innovation in the PC. Most user... — read more