Thread regarding Intel Corp. layoffs

Intel freezes hiring in PC chip division for at least two weeks

https://finance.yahoo.com/news/1-intel-freezes-hiring-pc-234138583.html

June 8 (Reuters) - Intel Corp has frozen hiring in the division responsible for PC desktop and laptop chips, according to a memo reviewed by Reuters, as part of a series of cost-cutting measures.

The memo sent Wednesday also outlined other cost-cutting measures such as cancelling some travel for the group immediately, limiting participation in industry conferences and instructions to hold group meetings virtually when possible.

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| 2161 views | | 6 replies (last June 11, 2022) | Reply
Post ID: @OP+1h9NAmL0

6 replies (most recent on top)

Two weeks makes a difference, there are hundreds of wives and cousins stacked up waiting to collect an Intel welfare check.

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Post ID: @2lqo+1h9NAmL0

Maybe im missing something, if its 2 weeks who cares?

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Post ID: @1sde+1h9NAmL0

@Post ID: @ykc+1h9NAmL0
"We are lucky to have Pat as leader of Intel and let's suck blood as much as possible."

No Thanks, don't want what you got.

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Post ID: @xgp+1h9NAmL0

It is only for two weeks and then back to unlimited hiring. Pat is firm believer in hiring, hiring and hiring. He even hired queens/kings fired earlier. So don't worry and collect your fat paycheck from Intel. Definitely don't think about layoff under Pat leadership. Google, amazon or Apple may announce layoff if economy becomes worse but not Intel. We are lucky to have Pat as leader of Intel and let's suck blood as much as possible.

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Post ID: @ykc+1h9NAmL0

Obviously they will spin the hiring freeze as a way to prevent layoffs. But we know what's in store for Intel: more traffic to this site.

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Post ID: @pbf+1h9NAmL0

With the huge presence of HR in this forum, I wonder what they're going to post to defend this.

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Post ID: @quu+1h9NAmL0

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