Thread regarding Intel Corp. layoffs

That's true. Wherever you go, you will be working and competing with cheap imported h1b, NAFTA labor

According to Oregon Workforce and Economic Information, Thursday, October 6, 2016

Oregon Job Vacancies Hit All-Time High in Summer

Oregon businesses reported 61,000 job vacancies in summer 2016. That marks an increase of 19,700 job vacancies from the prior summer, and the largest number of job vacancies recorded in the state since the Oregon Job Vacancy Survey began in 2008.

Source: http://oregonemployment.blogspot.com/ (Brought to you by the Research Division of the Oregon Employment Department)

And here's an article (from same site): Oregon’s Fastest Changing Jobs Between 2014 and 2024. It says "Within the top 10 fastest changing jobs, half are related to health care. Physical therapist aides and assistants are both in the top five at 54 and 44 percent change in employment in the next 10 years, respectively. Employer surveys put a full-time average wage for physical therapist assistants at $55,000 a year and physical therapist aides at $29,000 annually.

Two information technology professions made the top 10 fastest changing jobs as well: web developers and computer and information research scientists. Computer research scientists develop solutions to problems in the field of computer hardware and software. Companies in Oregon that employ information research scientists include Intel, Thermo Fisher Scientific, and Oracle. Jobs in this field require a professional or doctoral degree and typically pay $145,000 a year. "

http://oregonemployment.blogspot.com/2016/09/oregons-fastest-changing-jobs-between.html

A career change might be in order in this day and age. Things are a-changin'.

Good luck, all.

Don't forget you are competing with all the other tech layoffs going on right now!! The unemployment rate is going up.

@K5F0qzY-2ybg got it right "Looking for a job when thousands of others are looking as well makes it harder to find a new job. It seems best to control your own destiny and leave on your own terms when the market isn't flooded." When ACT2 ACT3 happens there will be about 40k swimming and looking for a job, Better have your job lined up!

What I am saying is read all the boards for other companies this am industry shift so going outside makes you just as vulnerable or more to getting dumped. It's not going to get better in tech for the US. It's going to get worse have a back up to the back up and savings enough to be unemployed for long periods of time. You're competing with cheap grads and H1-b and sending work to cheaper cost areas.

EXACTLY @2ybg. I did that almost 2 decades ago when IBM bought Sequent. I decided to look for a "for sure" when I had a "maybe". That's how I landed at Intel. I didn't want to be one of many dumped on the streets looking for the same job at the same time. That, and the fact that you look better to future employers if you're looking for a job when you have a job. Also, you feel better about yourself when you have a job vs 'newly dumped'. Makes for a much better interview in the eyes of the interviewer.

Looking for a job when thousands of others are looking as well makes it harder to find a new job. It seems best to control your own destiny and leave on your own terms when the market isn't flooded.

People work for many different reasons and sometime personal and unique but in the end comes down to priority of; money, ego, career/opportunity, satisfaction, obligations.

I didn't list security but with ACT and the clown and his minions leading the circus everyone must take deep stock that for whatever reason you work at Intel is the future there. You can be sure the ACT wasn't the last one. Volumes of x86 continue to fall 5-8% that means smaller factories running fewer chips. That means less revenue to amortize next generation R&D. Severs can't sustain the company. Only look at the failed attempts of far more diversified companies like IBM that had to fold up silicon as the billions in profits couldn't justify the fans and their R&D.

Sadly BKs push into IoT, modems, memories and foundry are all commodity with fierce competion from seasoned companies where engineers work 7days a week 80-90 hours a week. They live to work for the company! What is worse those companies have huge fans with economies of scale far greater than Intel.

Conclusion you may think work pay or career is good but in a blink it will be gone with ACT2 and ACT3 so better be ready 😉

This post was meant for people that still enjoy their job but are rattled by fears of layoffs and are told its better some where else.

It's good to hear you wake up happy to get to work. I hope it lasts and its not just the honey moon phase. The industry is changing and every place will be impacted. There's no safe place/job/industry in this economy and the older you get the more you will realize this. Having a career is much a thing of the past and that will hit folks real soon.

I'm an engineering manager and I can tell you things are not going to be the same as they have been. Cheap labor is what we are looking for to keep costs down in an age where technology is a commodity. Everything is turning into a commodity. Drastic changes for everyone. Leadership on down the line.

I left Intel after ACT because I no longer enjoyed my job. I saw no future at Intel. I got a great new job with higher pay and decent bonus. I now wake up in the morning excited to go to work again.

I would never sit around and wait for a severance. Life is short. Get out on your own terms if you feel the same way I did. Reinvigorate your passion for engineering.

Intel, like any company, is a good place to be as long as you have a meaningful project and a good manager. Intel, like any company, can also be a path to irrelevance, where you are being outpaced by the industry and effectively losing competitive edge in the pool of tech talent competing for jobs.

@ows -you and all of us are a commodity - BS, MS, PHD doesn't matter. All of this is a dime a dozen in India and China for much less cost which is why your job and most high tech innovation will be leaving along with the manufacturing that has already left. Sorry you didn't get the memo.

@ows

you still don't get it. the point is you are leaving but where are you going? the whole industry is the same! Read the posts of every other tech company. the story is the same toxic, no growth, lack of leadership and future!!

Yes, thanks @jtx

Also not to mention the low standard of URMs that are being brought in and fitted into Intel. Makes me feel disgusted and ashamed to be considered in same URM category.

@rdn you can't be serious about "liberal intervention". Nothing to do with politics, rather it's the typical American greed, wanting more for less money. You would balk if you had to pay a whole lot more if everything is made in the US.

I think you meant, Intel is fine for people needing a job !

We are leaving Intel - NOT DUE TO ACT OR LAYOFF - but because of :

1. Toxic environment

2. No path for career progression

3. Experienced hires are told you came in at high grade, promotions will take few years. Very difficult to go from grade 8 to higher and become a Director before 5 to 10 years of being at Intel . Compared to... applying outside Intel and getting a Director job.

Intel is not place for career or goal oriented people. Intel is fine for people who are looking for just a career.

Very good post. The Internet has changed the world and knowledge is now very easily accessible for whole world. The best option in these kind of situation is to remain relevant and also move to next big thing. I strongly believe that nanotechnology, artificial intelligence and quantum computing is the next big wave. Get prepared and be ready when it comes.

Perfect post. This says it all. America is definitely a service industry. If you look at the twenty largest cities and research the five biggest employers, you will generally find healthcare, insurance, and government. So sad since it has always been industry which powered the economy to make America the greatest country in the world. Because of liberal intervention, this power has been redistributed offshore due to globalization. It has destroyed America as an economic power and has transformed the country whose major service now is taking care of its aging population.

Great post OP. Nail on the head.

Yes manufacturing is gone but the next piece we were good at is the R&D is leaving also. Longtime corporations are divesting because most of them are run by those that are ready to retire and they don't care what happens next. They will take their money and run or die rather because they are all in their 70's and 80's. They had their long runs of prosperity they can now give it over to the greed the proliferated. I've been watching as this collapse started to give way for about the last decade.

Completely agree!! Gold post!! I am telling my kids to learn to code, but also learn a trade - actual hands-on trade. It is becoming a service country, not a manufacturing country. Intel and other companies for years have paid our congress to look the other way and vote for Their best interest - cheap labor etc..and NOT the people's best interest.