Thread regarding Intel Corp. layoffs

Looks like this post-review period layoff is the new normal, to be repeated each year.

By most accounts it was the low performers who were removed.

Ronler appears to be more than that, but there was an urgent need to downsize TD and the fabs at that site after having grown headcount so much in the race to 18A (which is yielding nicely and should prove to be competitive).

Some groups which will be the first to experience outsourcing got greater than 20% layoffs, in some cases most of those groups will be gone but they can apply to the outsourcing firms.

Obviously each person affected is experiencing something life changing, but for the company as a whole it appears that LBT has pushed the org to do what he said he wanted done, which is to reduce bloat and lighten middle management.

He never said he wanted to get rid of those employees, many of whom were just middle managers because of the need to keep progressing in grade or be pushed out. Doesn't appear that incentive has changed, but rather that it has been reset and now it should be even more competitive. That should improve the quality of management, but we will see about that over time.

Now comes the hard work, outsourcing of many job roles and entire groups, and the sale of fabs and entire fab sites, plus whatever product groups which will be sold instead of just shutting them down. These changes will all show up when they happen and so be positive surprises over the next few years. Well, positive to the stock at least.

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| 2548 views | | 13 replies (last July 15) | Reply
Post ID: @OP+1k04r1f51

13 replies (most recent on top)

@bz Hopefully the company is bringing back cloud ranking and lay offs for the bottom 5%, on an Annual basis if not maybe Quarterly basis for a while.

That is what is needed to light a fire under the workforce. There is no substitute and believe me Intel has tried.

Turns out coddling employees makes them lazy and seeking ever-more reasons to avoid work.

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Post ID: @en+1k04r1f51

In my team the ppl who were efficient were let go just because they've been here for a short period of time.. while the slackers got to say

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Post ID: @cr+1k04r1f51

Rank & Yank is back!

We should do this more often.

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Post ID: @bz+1k04r1f51

@ar So will all these good middle managers who were not cut start writing code and debugging silicon now ? Some of them have not done one technical task in a decade or more. All they will do is take on titles like "tech lead" and continue to boss over the minions and present the status to their overlords. Is this how Intel will become an engineering focus company !

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Post ID: @ay+1k04r1f51

@aa I didn't say the middle managers were terminated, just that they were removed from those positions.

If anything the movement of middle managers increased the number of line workers who have been pushed out.

LBT never said he wanted the middle managers terminated and it would make no sense to push out so many people with so many years of experience, unless they were low performers or there was no way to keep them in the org, considering the org target.

Good people get pushed out in each one of these restructurings, often just because that is what is needed to meet some target. As long as the company needs to get smaller then more good people will continue to be pushed out.

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Post ID: @ar+1k04r1f51

By most accounts low-performers and middle management got cut? Where can I get some of whatever you’re smoking?

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Post ID: @af+1k04r1f51

The denial is real.

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Post ID: @ab+1k04r1f51

@OP Not in factory side of the house, I know only a single digit number of people who are impacted. They are either program managers and engineers and all of them are performance based. So that is good. I am yet to see a middle management cut though.

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Post ID: @aa+1k04r1f51

18A is yielding nicely enough that TSMC is gonna build it for Intel until is ready to do so on its own…which should be sometime around when TSMC is ready to release A16 and N2P.

#legacychipfactory

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Post ID: @a9+1k04r1f51

Does any Intel employee remember how to build a new factory anymore?

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Post ID: @a5+1k04r1f51

Excellent comments OP and a2. I concur.

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Post ID: @a4+1k04r1f51

@a1 It's like any other team, it is built up, falls apart then is rebuilt.

But many of the current people being laid off were not the high performers. That was mostly due to VSP and ERP, and even ERP was just encouraging people who would have left within a few years anyway. That was always a kind of retirement reward program.

All the nonsense about there being nothing but lousy employees and managers is being perpetrated by trolls, many of whom never worked for Intel. That reflects more on how this site is managed than anything to do with Intel.

Intel has a lot of very competent and hard working people.

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Post ID: @a2+1k04r1f51

Since the best employees have left…. It’s like being the tallest mid-et?

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Post ID: @a1+1k04r1f51

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