When everything was about innovation and quality? Now it's all about cutting costs and cutting corners. Sad what this place has turned into.

Yeah Right ! "We are Finished" is clearly in sight ! https://www.cnbc.com/2024/08/29/intel-intc-gelsinger-skepticism-activist-layoffs.html

I heard ERP is auto approve, was anyone denied CPM or ERP? what location?

What’s the lay of the land for % VSP at your site / dept for Approvals? rumours have it no more than 15% per site and Pat holding strong at board level not to allow deeper cuts resulting in board being split and the sinking to continue as a result — read more 

https://newsroom.ibm.com/blog-intel-and-ibm-collaborate-to-provide-better-cost-performance-for-ai-innovation

We need to put pressure on CEOs - Pat included - regarding layoffs and sending jobs abroad. We need everybody to care, from government to the public to employees. It'd be so good to watch them squirm for a change as they justify their decisions. Why... — read more 

Try to leave, guys, if you have other options. If not, look hard. Why would any of you suffer for bad decisions of the leadership? Leave the sinking ship. The sooner the better.

How are we feeling “Intel Family”? If your still feeling the indoctrination, the jokes on you. No CEO thinks of his employees as family. Pat sells that idea just like he’s been selling the idea that Intel is not falling apart around him. Do you... — read more 

The fact that Pat hired folks like Christoph, Christy and Dave is all you need to know about Pat’s judgment Christoph is an arrogant pr--k Christy is clueless Dave is just Pat’s yes boy

Reasons for poor results: china weakness, macro headwind, supply chain issue, not participating in AI race, this the bottom and improve from here, soft CPU demand, second half will recover, inventory correction. Those are the excuses Pat made both... — read more 

https://www.reuters.com/technology/us-senator-presses-intel-ceo-chips-award-after-job-cut-plan-2024-08-28/

Does anyone really believe that Intel can recover or are you just using the time to look for another job? Continue to milk the cow metaphor. Now that you waited for the worst economic conditions possible to hold off leaving you should be scared. If... — read more 

Good value at $10?

We all have families to feed, expenses to pay, and in need of health insurance. Who else is holding on until the ship sinks because of the salary and health insurance? Let’s admit it: Pat’s “strategy” is going to sink us!

BK started this mess in 2015 with the ACT and you now see the results.

Title.

meanwhile Nvidia is buying back stock @ 25x REVENUE while the CEO dumps almost $20M worth almost every DAY is priceless… Not to mention the fact that it's a $50 billion buyback and the company's total cash balance is $35 billion…

Pat, what’s going on, buddy??

Has anyone discussed it with their direct manager or skip level?

Haven't you had enough. Do something.

Other than the obvious ones in AZ or ID, what other options are y'all exploring/interviewing/landing?

Title says it all

Every offer I get is lower than what I make here. Did pay go down across the board and I missed it or is something else going on?

The current population of Hillsboro, Oregon is 107,299 with a working population of 58,000, so after Intel Layoffs it will be a ghost town. I imagine for every job at Intel, there are 10 supporting jobs from fast food workers to part suppliers... — read more 

Intel didn’t find itself in problems last week. This is the result of accumulated mistakes, bad decisions and failed leadership/mgmt over a long stretch of time. It’s easy to leave once the lid blows up and dirt starts bubbling up. These people... — read more 

The drunken captain is at it again. We are all familiar with some of his greatest hits - Cruises, trips to Davos, weeks in Paris for the Olympics, and Cannes advertising shows. But the best of all might be this past week when he promoted 3 VPs to... — read more 

Intel management sees every one of us as very replaceable and they will continue to replace us as long as they have cheaper options. That's the way things are and they're not going to change any time soon. It's not about what you know or how good you... — read more 

Will have a compensation of way below average. Can intel win with not properly compensating employees?

However product team get huge cut?

Calif. tech companies see laid-off workers as 'table scraps,' recruiters say https://www.sfgate.com/tech/article/california-tech-companies-laid-off-table-scraps-19723851.php

Incentives hit the spot with many… starting to hear about quite few that took it. Good on them…

Yeah he worked on the 486. Great engineer, but he has no vision. He became CTO of Intel in 2001. What technology did Intel develop during his tenure other than x86 processors? Larrabee? Fail Xscale? Sold WiMAX? Mega fail Etc… He then went to EMC... — read more 

The sh-t is going to hit the fan real soon, folks. Sell whatever leftover INTC stock you have. You heard it here first!

They just pushed back their open forum until after the BoD meeting mid September. Pretty ominous I gotta say...

So much yes! Tan has told people he believed Intel was overrun by bureaucratic layers of middle managers who impeded progress at Intel’s server and desktop chips divisions and the cuts should have focused on these... — read more 

The validation group under IFS is the d-mbest thing ever. IFS already having problem selling wafers, what makes anyone think selling VaaS (validation as a service) is a good idea? No wonder this company is going down the toilet.

I said all the usual stuff like not trusting the senior leadership, lack of transparency etc. However on reflection it really comes down to one thing, not feeling safe. I have worked for various companies from startup with 3 employees and other MNC... — read more 

https://www.digitimes.com/news/a20240826VL202/digitimes-asia-weekly-news-roundup-intel-chips-act-huawei-ic-manufacturing.html However, despite its best efforts, the company failed to address several critical issues, including the yield rates of... — read more