MUAHHAHAHAHAHAHAHAHA!!! 😂
10 replies (most recent on top)
I've been at Intel for 20 years. There have been performance based layoffs every single year. For most of the last decade there have been "your budget has been decreased X%" layoff as well. Same this year.
"Started" means our team has been notified; other teams will follow this week.
There will be very little Engineering left in Swindon.
Large impact in Munich also.
Performance based layoffs are happening now!
ACT was performance based layoffs, not business unit headcount driven layoffs.
Management didn't have the intelligence to identify units over headcount or under so they took the dumb management approach to appease wallstreet.
GPTW
Look beyond engineering. Ask around. Reduction has surely been announced and is about to begin shortly.
One of these days you will be correct because all Fortune 500 companies will have layoffs, someday?
Define "started". What is going on in Swindon?
They've closed Swindon?
It's already started in Swindon in the UK.
More info please. Can you cite your quote?