My Dept got ~60% cut

I am at TETD under ATTD. We have teams in OR and in AZ. Intel is shutting down all developments in TETD, so we are letting go of ~60% employees which would be several hundreds both in AZ and in OR.

This is another typical Intel failing in strategy. After investing billions and hiring lots of really talented engineers for more than 20 years, now we are shutting down because there are no immediate customers as we trust TSMC more than ourselves.

Everyone who sees this, remember you will be the next target. DO NOT TRUST INTEL LEADERSHIP period. Intel is set on the course for bankruptcy like Motorola. I am afraid USA is following the course of Intel these days under the great leadership of our fearless but regarded leader. This so awesome for China.

#Leadership #Arizona #Oregon #Cuts

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Letting that group go is a total waste for Intel. Could have sold it off.

You can always panhandle. They make coin near the TV Hwy / 217 interchange.

I enjoy reading the news of teams getting cut. The more others get cut the more chances I can celebrate my 17th year in November

"we trust TSMC more than ourselves"

OP, you nailed it! The rest of the industry trusts TSMC more than Intel too.

Uber is hiring is hiring drivers and your mentality is exactly why you should work there

I’ve worked in start up companies who had better leadership than this. It’s not a matter of resources. It’s all about leadership and decisions being made. Those who know what they are doing would lead the company in the right direction.

@ak it is exactly the type of organization that needs to be cut. The functions of TETD that will be kept will get rolled back into ATTD as it should be. Forming a new TD organization creates a lot of overhead and redundancy. This is a perfect example of getting leaner. Expect more of this.

Plenty of hotel and meatpacking jobs around these days. Trump wants Americans to take these.

What groups are these?

Def Met team!

cut the c level and upper management salary until intel is revived, then restore their salary when things are stable and on track

What is TETD?

ICE is hiring. $50,000 sign on bonus.

Sorry man - I now exactly who your team is. Although I had heard the number being cut was much higher.

And you are correct - this is the direct result of management lying to themselves and us by extension.

One of the directors knew this would be a hard sell before he retired.

Thread regarding Intel Corp. layoffs

My Dept got ~60% cut

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