I thought they said we would get the stocks for our 5% pay cut if we were laid off. A bunch of people complained and I thought they changed it to give the shares but my trade account says zero vesting.
Watch for managers who talk sh-t behind your colleagues
How they talk about your colleagues when they are gone is how they will talk about you when you are not in the room. Only disingenuous and cr-ppy managers are left at Intel. The good ones are gone.
ChipAct Concerns
Dear U.S Government, Do you really want to put billions into Intel and it’s Fabs that repeatedly can’t fab modern chips? Do you really want to put chips in our we-pons that have instability issues, overheat and have via oxidation? Do you really... — read more
Deal is Finalized. Intel and US are Committed to Action.
https://www.intc.com/news-events/press-releases/detail/1718/intel-and-biden-harris-administration-finalize-7-86
Intel's spiral
Hard to believe this place isn't doing worse, given the recent years of clueless leadership and zero vision. Every time it's clear change needs to happen, they just keep coasting. When the numbers tank, their big move is always the same - reshuffle... — read more
Qualcomm's interest in acquiring Intel has cooled
Nobody seems to love Intel anymore.😂🤣😂 https://www.reuters.com/technology/qualcomms-interest-acquiring-intel-has-cooled- bloomberg-news-reports-2024-11-26/
Always have other options
Even if Intel pulls itself out of this hole, there still will be heaps of unresolved systemic issues. First next obstacle or failing, they’ll go after us because they simply can’t come up with strategic overhaul. When leadership is incompetent, we... — read more
Intel needs to shut down some of its fabs, instead of sale campus.
https://www.tomshardware.com/pc-components/cpus/intel-plans-sale-and-leaseback-of-its-150-acre-folsom-california-campus-releasing-capital-but-maintaining-operations-and-staff Sale campus only helps in very short term, running empty fab costs you... — read more
Intel and Commerce Department close to finalizing roughly $8 billion CHIPS Act grant, source says
Intel and the Commerce Department are close to finalizing a roughly $8 billion grant for the struggling chipmaker, according to a person familiar with the matter. The grant will support Intel’s chip manufacturing expansion. In recent quarters... — read more
Can we get rid of HR?
Or at least replace everybody with people who know how to do their work? The current lot are slow to respond, constantly give wrong info, and seem totally out of their depth. It’s like they’re in a competition to see how unhelpful they can be. I've... — read more
Sale of Intel Sites in CA and OR
https://www.latestly.com/technology/intel-selling-its-properties-to-save-costs-after-announcing-layoffs-of-15000-employees-this-year-report-6444512.html
Intel’s Ohio Fab Delayed to 2030: From Trailblazer to Turtler
So, the New York Times just dropped a piece saying the US government is cutting Intel's grant because we’ve decided to push the Ohio project back to the end of the decade instead of 2025. Wait—what?! Since when is Ohio delayed to 2029-2030? This is... — read more
Biden Admin curtails Intel grant
https://www.nytimes.com/2024/11/24/business/washington-curtails-intel-grant.html Never count your chickens before they hatch, I guess.
USA WARN notice website
https://data.tcpalm.com/see-which-companies-announced-mass-layoffs-closings/?query=2024 USA All States WARN notice webiste
WFH Equipment
When I left the only thing they wanted back was the laptop. Seems like they don’t track monitors, headsets etc. Most other companies do not provide equipment as good as Intel’s. So stock up! Get a couple of extra mouses, monitors, blue tooth... — read more
Intel fails in making material strategic change
Intel has been somewhat adept at gross and sweeping hc cuts but when it comes down to actually cutting projects or more importantly changing the process and org structure to set about material change in strategy there seems to be little evidence of... — read more
OR VSPs - unemployment approved or denied?
Hi, VSPd on 09/30. Denied unemployment benefits from OR but I know one other VSPer was approved. Trying to get a sense of whether others were approved or denied and whether worth appealing or not. Thanks!
Intel and Pat destroyed me
I had to turn to therapy after the toxic environment completely wrecked my career. I was once a high performer with a spotless record, but now I’m stuck under unprofessional, retaliatory leadership brought in by Pat in the last three years and... — read more
HR is gaslighting me
I don’t work here anymore but had a super toxic manager that was reported to HR several times. He somehow escaped the layoffs. He wrote my friend a bad performance review and HR deleted it. HR just keeps telling my friend to go to therapy and that... — read more
POR for Intel layoffs
Lay off senior techs and Engs (both good and bad) Lower hiring standards and replace 1 laid off employee with 2 new hires working for fast food wages. Expand HR due to increased hiring demand. Hire more managers because increased... — read more
Still looking for another job
And still no decent offers. Five months now. It’s beyond demoralizing.
Q3 QPB
VSP-er here. Was there a Q3 QPB? Checking to see if I missed it by oversight in my direct deposits.
Why does Intel do this?
Why hire me for one thing and then throw me on something totally unrelated? It’s frustrating and exhausting. Instead of building the skills I need for my career, I’m stuck spinning my wheels on a project that doesn’t even help me grow. This whole... — read more
Folsom campus to be sold
Folsom campus for sale from Q1 2025. Current employees encouraged to WFH and will be accommodated in small buildings which will be leased.
Nvidia earned 35 billion dollars last quarter
Intel earned a big fat ZERO during the greatest semiconductor bo-m in history. Shameful.
Intel: Can It Survive Another Year Of Node Process Setbacks?
Intel Corporation's Q3 '24 results showed impairments and write-offs, but the core business performance was better than expected, though not an inflection point in its turnaround. Intel's aggressive node development plan still lags behind TSMC... — read more
Getting lowballed offer
Gr6 FE design engineer at AZ. Applied for AMD same grade position. Pay package is lower than at INTC. Is it a general issue in tech/ semicon sector right now ?
Has anyone taking the recent ERP/CPM/ISP/IRP gotten the "$20K medical savings" deposit?
I'm just wondering if the $20k in medical savings that was promised with the severance package was real or imaginary. I haven't heard of anyone actually getting it.
What’s next?
More layoffs? Anything else would actually require imagination and leadership skills.
Intel just completed its largest layoff in history as a part of restructuring, then did nothing.
Was that the plan? To just reduce headcount? To damn those of us who stayed with so much work we have to quit? Now I get to cover 3 engineering jobs and I'm already meeting with my boss to get my LDO! This was the plan???
Business Insider: Tech jobs are mired in a recession
https://www.businessinsider.com/white-collar-recession-hiring-slump-jobs-tech-industry-applications-rejection-2024-11?op=1 Tech jobs are mired in a recession By AI, Business Insider November 18, 2024 White-collar hiring is in a huge slump. Here's... — read more
Shift Left
Shift Left Is The Tip Of The Iceberg A transformative change is underway for semiconductor design and EDA. New languages, models, and abstractions will need to be created. NOVEMBER 14TH, 2024 - BY: BRIAN BAILEY Shift left is evolving from a... — read more
US finalizes $6.6 billion CHIPS award for TSMC ahead of Trump return as Intel waits
https://www.dispatch.com/story/business/2024/11/18/tsmc-chips-act-biden-award-trump-intel-technology/76409202007/
Angry and frustrated
I've sent out hundreds of applications in the last several months and received barely any responses. Why do you even post an opening if you're going to completely ignore people who apply?? I'm not even complaining about no interviews, I'm just pi---d... — read more
Intel Layoff and Impact on Marriage
I got laid off from Intel and it's having a very serious and negative impact on my marriage. I am a male. Even though I heard men are the bread winner and it usually is devastating when they don't have a job, I though my marriage was strong enough to... — read more
Will wonders never cease
Intel takes down AMD in our integrated graphics battle royale — iGPUs are still nowhere near dedicated GPU levels but use much less power **Intel, perhaps for the first time ever, can legitimately claim to have the fastest Windows... — read more
Atmosphere at Intel has become too stressful
We should be paid much more than we are to deal with this cr-p day in, day out.
LinkedIn Intel goodbyes
LinkedIn Intel goodbyes are so cheesy and cringe. Most of these cringe goodbyes are coming from those who stayed at Intel for 20+ years. They are walking away with big payouts while those who worked for 10yrs or less are quiet and are probably... — read more
Nice to see all the TAs were spared
I don't know what we would do without all those PowerPoint warriors helping the top 1000 highest paid live their best lives.
The work politics continue
Work and office politics continue after all the layoffs. We will never be successful as a team and as a company