Thread regarding Intel Corp. layoffs

Changes promised in April got delayed to end of June. No mass layoffs, but consolidation of redunant efforts/work/services. PG is blurring BU lines so that more sharing can happen across these artificially created fifedoms. Yes, there will be a domino effect towards consolidation coming from within these mergers.

Folks, look around you and look in the JOL tool. The writing is on the wall. Last two decades all new hires were in LCG like India. Now 75% of all hires are in Russia. Projects have already moved over to Nizhny. No more need or the urgency to hire expensive US engineers = layoffs coming.

Intel is very lucky. With all the mishaps, 2020 a COVID year provided the first excuse, in 2021 Intel gets a second chance at excuses...new CEO, chip shortages, Taiwan geo political issues.
If Intel cannot produce a decent GPU...2022 for sure is a layoff year. No more cover for excuses.

It will start with layoff of LosePat

Layoffs to start soon since chip shortage is now being used as an excuse to further delay all 2021 GPUs in IAGS. Not surprised.

No need for layoffs anymore. Look around, VP and engineers in transition to Nvidia. Loss of trust in PG after 3 months of giggling bs. Time to bail out.

No layoffs this year. ELT reorg is sufficient. Decision to do a reshuffle will happen...but layoffs are pushed to usual cycle next year due to fear of rattling folks on the edge and also confusing to fed/state asking for matching $Billions on one hand while laying off on the other.
Next to watch is Sandra to see what spins she comes up for compensating engineers under paid over a period of 10years at 1-2%. PG promised this end of April and now he dumped it on Sandra to solve in "2 months". Looks like they might drag thier feet thinking that somehow it will be forgotten. Remind them every week!

When the layoffs happen Pat will delegate it to the corrupt middle management and it will just be another repeat of 2016: politician VPs making sure everyone under them are obedient loyal sycophants who will back them up in their petty schemes.

@4ruj+1avY2bEu . HR is showing their presence here.

Layoffs never ended, to start.....

Intel is the best company. Everyone here was laid off so they are crying. Intel will surpass TSMC for process node again. AMD will go to third place behind the China company that makes CPU's and 75 cent a share price. Pat is the best CEO – for any company. Things will turn around and quickly.

@3avt+1avY2bEu
do you like your money to build wall across southern borders?
or the gov fund go to UN?

I dont like the fact the USA uses our money to fund big corp like Intel. A lot of money wasted because they don't get their act start right

The things is Intel begging US Taxpayers for more money that means Intel's engineers contribute to their high–cost fab
RIP

@1jht+1avY2bEu

Intel hired those bad mangers from Nvidia, AMD and Apple, why?

Apple, Nvidia, and AMD engineers work harder than Intel, and they have better management.

OP: why are you so vested in the company? What is it in for you?

Check out the news from the Emerald Isle. Not a good story. Build at all cost

@uhl+1avY2bEu Where does Apple, AMD, and Nvidia make everything ?

When it comes to manufacturing US has been 2nd class. Only in a few areas like aerospace are they leaders

Pat is now CEO – he has more responsibilities than being an engineer. Perception does matter. Intel would’ve never gotten to where it is if it only focused on engineering. No tech company only focuses on engineering.

Waytta go OP you've just called all the US people at Apple Nvidia AMD and Google lazy too

If it's a flamebait it sux