So it looks like Murthy is next in line for Intel CEO position. Since he's an outsider I do not really know what his professional credentials are. Not sure why he deserves the sweet offer he got at Intel. Can someone shed light on his qualification... — read more
Why didn't Murthy negotiate accelerated vesting of his RSU's then perform short term asset stripping at long term expense
Oh he did. His stock doesn't best every 4 years like yours. No every 3 months! Talk about rewarding a certain kind of behavior. No wonder he wanted to cut 30k heads but BK restrained him.
First Amendment to the United States Constitution
Free speech is very important and I don't think we have that at Intel that's why we post on here anonymously. I would suggest to HR that a better use of time instead of trying to stifle free speech would be to address the reason why people post on... — read more
Murthy actually is doing a good job so far.
Murthy apparently doing a good job. He is reconstructing his org pretty well. Unnesssry projects are cancelled, emphasizing on projects that can generate more money and moving resources there, some stagnant departments who have not delivered for the... — read more
Anyone else thinking that Intel will take out more then 12,000 employees?
I'm in the camp that Intel will layoff more then 12,000 employees and dip into the VSP pool regardless if they reach the magic 12,000 number through ISP/VSP/ERP or closures. With the new focal system coming in Q3, they can start fresh by getting rid... — read more
Tax on VSP in Ireland
Hi - can someone clarify the situation regarding the tax burden on VSP in Ireland. I've heard conflicting information. Either that the ex-gratia payment is fully taxed or that is it taxed at a reduced rate. I want to know for future reference.
Mcafee going away??
McAfee never really fit. Are they going to offload it as part of the restructuring? Seems like a good time to undo that Renee James mistake.
Requiem for the American Dream!
Just as described in the movie.
Anyone notice the bait and switch on the release forms for ISP?
Got my release form in the mail today. The section on payment have a couple doozies which I hope is just incompetence--and not a bait and switch. 1) When getting the boot, the base compensation (as said in the addendum) was 8 weeks + 1x apb target... — read more
An accountant ( Andy Bryant) hire a chemistry guy to layoff a Phd in EE
This is what happening in Intel.
When/While Posting on This and Other Forums Please...
Please follow all INTEL 2016 Code of Conduct (CoC) Guidelines, even if you are not an employee of the company. INTEL HR Legal team will be enforcing these guidelines to ensure the postings have appropriate and quality content. Please, treat INTEL... — read more
IBM layoffs
Looks like more jobs being shifted to offshore by IBM. At least their CEO does not go public bashing their employees for being fired for performance. Intel is the worse. http://fortune.com/2016/05/20/ibm-layoff-employees-may/
Sucks what happened, but kudos on the kickass NUC!
Dead serious... but the Intel NUCs are very good computers/servers. I haven't booted my PC once since getting mine. Quiet and fast... sucks that the good people who designed/built this are getting cut. I seriously haven't computed on this tight of a... — read more
Chances of getting ISP if I don't accept the VSP
I had "successful" for the last three years, "exceptional" for the year before that and was always getting my stocks. I got VSP but not sure if to accept it. My manager doesn't want me to leave but I understand it is not in his power to protect me... — read more
Lets clean up things and organize
It looks like layoff.com supports text formatting using markdown protocol. Lets keep things tidy. Start and finish a string with an underscore ti make it bold - two underscores to make it italic. A > at the begining of a line will indent things or... — read more
Sounds like things are better at Qualcomm
Should you stay at Qualcomm? The answer should be obvious if you've been at Qualcomm for any significant amount of time. The answer depends upon your ethnicity/gender and ethnicity/gender of your boss. E.g. Female with Female boss: 25% merit increase... — read more
People who received ISP: Have you received package in the mail?
They told me they'd send something within 3 weeks and I haven't received anything. Has anybody received anything?
The Troubling Story Behind Intel’s Chip Manufacturing Struggles
http://www.fool.com/investing/general/2016/01/20/exclusive-the-troubling-story-behind-intels-chip-m.aspx
How much Intel is spending on these ACT restructuring ??
I guess during last quarter results they allocated some $1.3B...What's the exact amount.. Also, Is that cash going towards ISP / VSP / ERP packages Or something more?
Phase2 ? What is in store? Any predictions?
What is the headcount reduced so far vs the target? What do u expect from phase2?
I secretly recorded my brutal intel performance review with ISP walkout.
https://www.youtube.com/watch?v=wAg1r6zw7Bg
"At any point in a negotiation you must be willing to wall away"
So here we are in the final hour is decision time with Apple. What will we do when they come in with a low ball price? Walk or contra revenue?
'Phase 2' what is it and when will it be implemented?
And details welcome
How to prepare for an ISP ?
My new mgr is forcing me to take the VSP . I don't want to take the VSP and rather be ISPed . There is no difference between the packages except 1 month pay - the ISPers were paid till end of May and the VSPers till end of June and they get to take... — read more
Meritocracy? More like a banana republic
This doublethink is prevalent around the world. Just because you use the word democracy doesn't make it so. People's democratic republic of Korea, People's democratic republic of China, People's democratic republic of Congo ...
Intel has lost its ability to execute!
In the recent past, Intel has talked up many products which looked great on stage. But look poor when they come to market or they never make it to the market. What was once a great engineering company now is surviving on past glory and stage... — read more
The Wisdom of Andy Grove
The first task is to rebuild our industrial commons. We should develop a system of financial incentives: Levy an extra tax on the product of offshored labor. (If the result is a trade war, treat it like other wars—fight to win.) Keep that money... — read more
INTEL Value "Disagree and Commit": trust to your management and your team
Few years ago I have dispute with my INTEL manager. Manager wanted in front of HR for me to commit to TRUST to her, INTEL, and to HR. She said, it is one of INTEL Code Of Conduct values. So, she said, by me acknowledging INTEL Code Of Conduct, and... — read more
54 and want out...I am eligible for VSP too.
it seems like there will be a second round of cuts....what are the rumours or information that suggests that as a part of the second round the early retirement age + yrs of service will be offered as a part of it. i turn 55 in a very short time... — read more
Intel failure is due to it's culture
We do not have the culture of accountability. Decisions are made by teams, when something goes wrong, nobody can be held accountable. The focal system allows these failure to be hidden, and people who participated in the erroneous decisions are often... — read more
The Captain broke the compass and hired a new navigator that can't read maps.
M/S Intel is a large ship. It has a gigantic hull and has offered many employees refuge during the years. But recently things have been going on among the bridge personel. The captain has lost his wits, broken the compass and hired a new navigator... — read more
Intel won't allow ISP to return as a contingent worker don't spend the effort or time looking towards vendors for employment unless it's
Employment at on non Intel facility. Discrimination Yes, Legality who has the resources to prove, fact Intel management hand picked who they wanted based on age and rewarded managers who targeted them. BK just slapped you in the face again then... — read more
Take control of your own destiny lose sight of the shore.
For everyone pondering VSP I say make the decision and go for it. There will always be uncertainty but personally I would rather disrupt myself than give a company the opportunity to humiliate me.
Brian from the fab has f---ed up again
Not only did he not see that Aicha had crayoned all over the balance sheet he brought the bully in who the other school kicked out.