I remember in the last round of layoffs, Irish employees oversubscribed to the voluntary part of CPM. I suppose they would be waiting in anticipation rather that waiting with anxiety. https://www.rte.ie/news/2025/0425/1509350-intel/
For those working in Multi-Geo teams
You are now wearing 2 or 3 bullseyes on your back. Bullseye #1: LBT wants less meetings, more onsite collaboration. Your team cannot function without meetings. Bullseye #2: LBT wants RTO enforced. Unless you're on the same site as your manager, that... — read more
Would have been nice for LBT
If he had mentioned we are ending any DEI bullsh-t. That will take care of 10% if not more. Are we still encouraging DEI hiring with the disabled, army, women, race, ethnic in this day and age where a once iconic company is battling to survive? This... — read more
Just lay off the CEO that can only know how lay off people
Any different thought or idea ?
Cutting 10-15 non core products
https://x.com/kristinaparts/status/1915497851657846797 Any bets on what these are?
Why ShitTel not hire CEO that can hire more people?
Look like this company only has id--ts that are able to spend millions of dollars to hire a CEO just to lay off more people. Why don't they find someone else that can hire more people or just close the bussiness ? 🤔
Guidance was poor but looks like LBT whiffed by not being more clear about the headcount reductions.
He put out a statement later but still is not offering anything concrete. LBT and the Board may well find out just how much the market will react to more of the same statements which are not followed up by action. Intel will follow the sector into... — read more
Yet another fake news about 20% layoff
Planned OpEx reduction for 2025 is 500M (down from $17.5b to $17b). Even if that all means cutting headcount, it would only amount at best to 3% of workforce, assuming everyone is of same OpEx cost. Yet another fake news, just like all other... — read more
RTO only concrete thing said
Proving that, once again, workers are being blamed for the failures of leadership. And keep in mind that I am one of those who don’t mind RTO at all. ELT shakeup was fake news Mum on middle management cuts
Will layoffs effect manufacturing techs
Or is just the office people again
Intel’s been dysfunctional for years and it’s only getting worse
I used to work at Intel. Left a few years back. Even then, most things in that company were a mess. First big issue? No meritocracy. You could totally botch a project, and nothing would happen—there were always "objective" excuses, so the people... — read more
investor call coming - press release for those without circuit
https://www.intc.com/news-events/press-releases/detail/1738/lip-bu-tan-our-path-forward
ELT on layoffs
Finance chief David Zinsner told CNBC’s Kristina Partsinevelos that the reduction in operating expenses would include job cuts, especially for managers, but that Intel has not yet finalized a number of cuts. “There is no way around the fact... — read more
Intel is bloated - that’s definitely true
It’s also become complacent, lazy, and uncompetitive. Losing this many people might be a Hail Mary move, and I suspect there’s been a plan in motion for a while. I wouldn’t be surprised if some parts are sold off in the near future too. Maybe the... — read more
No layoff announcement with quarterly results
Headcount already at 97K as per earnings report. Earnings are healthy. Poor forecast is not due to Intel's problems. Good days ahead!
Targeted firings, start Q2 and are rapidfire
Sh-t is real now, be ready for cutthroat tactics, long timers are knifefighters, good luck.
RTO
Posted, read it now
Intel can survive without 21k employees
Just get rid of all the power point warriors and useless managers with barely any directs. It's a win win.
Everytime before the Earnings!!
Everytime Layoffs are announced before earnings! At this point I think its not about right sizing the company. They are doing it to keep the stock price from falling after the earning call! I mean come on!!! This is the worst company ever! Our... — read more
ELT ruin our employability then layoff
ELT’s bad decisions ruin our ability to find jobs then they launch one of the largest layoff campaigns in human history. You know what… you know what… let’s get some picket signs!
Jack Weast still tries automotive?
SW defined vehicle.... bla bla bla... Please stop these nonsense projects and release the power point work force in Germany!
Who wants to stay in a company that lays off people every six months?
Who wants to stay in a company that lays off people every six months? A treacherous and unstable company, run away quickly.
The good news is that as of next Monday 80% will still be employed.
Choose to see the glass as half empty if you wish, but remember that it is also half broken.
Who's taking the Over/Under on Number of Layoffs 21K? Predictions?
We know the "leak" earlier this week said it was "over 20%", and Intel has about 108K at the end of 2024. I assume Intel has lost some more people during Q1'25. So the ball-park number is 21K-22K mentioned around the press. Given all the spin... — read more
Intel Employees Must Feel Like Shyt
Constantly called slackers and lazy Managers called insidious liars No pay bumps despite inflation Many live in high cost of living areas Monumentally bad leadership No freedom to innovate and just over skilled for job Told repeatedly that they “eat”... — read more
This is the last moment of the Titanic
No company can survive 5 bad CEOs and especially in the fast moving tech field. LBT is no messiah for Intel. He has no direct manufacturing, fab, tech experience nor has the stint at Cadence given him true insight into what a fabless does. He... — read more
Mother of all layoffs to be announced today
As I predicted, get ready for the most terrific ride of your live onboard the Intel express, nothing but excitement await you!
After all the previous cuts, will SMG get clobbered again?
In the last couple rounds of layoff, SMG took some pretty big hits and dropped >30% of the team. Rumor has it that other areas are the latest target (middle management, NEX, etc) but still wondering if SMG has truly been 'optimized' or if we'll take... — read more
The fact is Intel has been seen as a Social welfare service by some in top management
Some of the top manager have been very resistant to the layoffs in their areas. The mindset has been not about the welfare of the company, but welfare of their own 'Empire'. Perhaps you all know someone who is like that. Unless all of such managers... — read more
Why aren't there any posts about forming a union?
There were a lot of let's organize posts during the last layoff. Did all of those people get fired? Its obvious that everyone didn't get together and form a union since the last major layoff ended 5 months ago.
Walk Out
I call for a walk out. Enough is a fking enough. They think we are push overs. 15% cuts, pay cuts for a year, 20% cuts, superficial ETL changes like we’re stupid, over priced fruit, bad serpentine management. 1 hour walk out during all hands! We are... — read more
Tomorrow is the last day for many.
Managers calling for 1:1. Layoffs before earnings. LBT style humble action.
Can someone explain the Nana thing?
I wanna be in on the joke! Aside from being an Intel employee, which is also, evidently, a joke :(
Don’t panic ..no layoffs, just media spreaded fear
My department is still hiring. What are you guys taking about layoffs? We already lost lot of people and we need more people to run this big company. So don’t panic or worry.
this man based on these investments is a national secuirity threat
https://www.reuters.com/technology/intel-ceo-lip-bu-tans-wide-ranging-investments-china-2025-04-10/
10 years gone
Worked for Intel from the late 90s for almost 20 years. Every once in a while I'd peruse an article here and there about Intel but gave it little thought. Today I looked to see who is still around and more importantly, who is in charge. The... — read more
Site Earnings Watch Parties
Are any of the sites having earnings watch parties? Uses to being losers by now, Intel’s long-running consistency of s^ck is to be celebrated! With as big a lead as Intel had, how do you actually blow it? And with such smoothly efficient alacrity?!... — read more
At this rate Intel will make the list of largest layoffs in Human History!
IBM (1993): IBM laid off 60,000 employees in 1993 to focus on integrated solutions for customers. Citigroup (2008): Citigroup cut 50,000 jobs in 2008, including a significant portion due to asset sales. Sears (1993): Sears, Roebuck & Co. laid off... — read more