Thread regarding Intel Corp. layoffs

Meanwhile, we’re all completely lost at work

I can’t remember the last time things were this chaotic, stressful, and, frankly, this pointless. My team’s in flux, the workload’s in flux, projects are in flux. People disappear overnight, never to be seen again. Usually the ones critical to whatever “priority” project we’re pretending to work on. Our manager is not exactly a master of the craft, but no manager could effectively handle this kind of... I don’t even know what to call it. Disintegration, maybe?

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| 2082 views | | 10 replies (last August 15) | Reply
Post ID: @OP+1k2ath5y5

10 replies (most recent on top)

@zr
And exactly where was it reported that govt was "seizing" Intel?
By all means, enlighten us.

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Post ID: @116+1k2ath5y5

To the poster below who called this “capitalism”, I would submit that the government seizing the means of production is called something else. Capitalism would have disposed of this mess a while ago.

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Post ID: @zr+1k2ath5y5

Apple is the only company to pull off this style of turnaround. It took the founder, wrongly ousted returning and cleaning house. Apple was a much smaller company at the time. It had 7bn in revenue with a 1n loss. In a few years they had the Ipod, 5 more years it was the iPhone. It wasn't transistors they were making, so factor that in to the miracle that needs performed here.

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Post ID: @pr+1k2ath5y5

Stop fu£king whining. This is capitalism.

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Post ID: @f8+1k2ath5y5

Go find a new job snowflake and you won't be lost. If you stay at Intel you deserve what you get. The warning signs started a decade ago. Pay attention.

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Post ID: @cd+1k2ath5y5

Only one team is a linchpin of stability that's never in flux, and the name of that team... is Def Met.

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Post ID: @a9+1k2ath5y5

Lord of the Flys. TRUST no one!

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Post ID: @a7+1k2ath5y5

there is no purpose and there has been none for a year now. Pack it up

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Post ID: @a3+1k2ath5y5

The company is done. Can you tell me the last time a once iconic company like intel has had ~40K layoffs in less than a year, have debt more than its revenue in last 5 years and with CEOs coming and going like a startup dosent even go thru and now the CEO asked to resign over conflicting interests ? There is nothing here except for hoping it does not go bankrupt and they continue to pay salaries. Anyone hoping for a turnaround is not 50 and younger. People above 50 and close to retirement are afraid to switch jobs because of being institutionalized here

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Post ID: @a2+1k2ath5y5

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