Heard a rumor DCG is preparing for massive layoffs this month. Anything to it?
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Talking about IT we are going to get cut massively. MJ is not technical and SK has given expensive PE positions to all his direct reports...to sit at home and do xl and ppt work. Timeline given is May. Data centers in RNB under IT CTO SK is an absolute disaster. They are asking for 100M for 2021...instead they are going to get resource cuts.
@7rqh+19H3G26o No technical means many SVP and Vp are going to be going
Confirmed from ELT that PG "only" wants technical people reporting to him!!
Meaning layoffs and reorgs as "powerpointers" get moved out at the top level finally.
Not this month, OP.
To remove NS from top of DCG, they will need to re-shuffle the ELT chairs..
Basically move NS to another role and then hire another ex-Intel person to be the top of DCG.
Look for something like that to happen.. Unless NS "early-retires".
@3knp can you verify which orgs are getting hit?
If the current CEO is smart he will lay-off Navin and Navin’s incompetent DCG staff - basically his network of friends who have none or low qualifications and backgrounds for the position they are in. The ceo should also Fire the head of IOTG. Wishful thinking, I know it will NOT happen. They will get more stocks, options and titles.
I can not verify DCG layoffs but I know layoffs are in motion in other orgs so I would not be surprised it is across intel. Sad. This will be the last punch, employee trust and morale will not recover even with the new CEO. Job market is good. There is already high turnover. It will increase.
Seems like a baseless sh*t post...
So this was just another baseless rumor?
What about DEG?
Nope
Baseless rumor or true?
Doesnt sound realistic.
Which team ?