Thread regarding Intel Corp. layoffs

How many are still left to cut?

Any ideas? Over 1.5K have already been affected so far, and I'm hearing anywhere between 2.5k and 5k still to go. Which of these numbers is closer to the truth?

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| 3182 views | | 12 replies (last November 23, 2022) | Reply
Post ID: @OP+1jONB07T

12 replies (most recent on top)

wonder it's that bad. few yrs back met a family at birthday who all worked at Intel, like 10 of them, brother sister wife wife's brother, brother's sister-in-law etc etc. some of them were d-mb af. that time i thought its one of case. is it pretty normal having all family working here?

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Post ID: @2lvo+1jONB07T

Management has to manage strictly to 2023 budgets. So expect desperate cuts in ww01 to make it thru 1st half. With JPOR you will be hired back. Enjoy a good vacation. For now relax!

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Post ID: @1xoj+1jONB07T

I hope my wife, my cousin, my brother, my brother's wife, my wife's sister, my wife's sister's husband, and I are safe. Pray for us intel.

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Post ID: @1xut+1jONB07T

Competent people? Next to zero. Wives and cousins? Tens of thousands. Bet you can bet the farm that the former will be laid off and the latter untouched.

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Post ID: @vye+1jONB07T

This is bottoms-up, it’s much more fair than ACT, but will take far longer

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Post ID: @kwm+1jONB07T

25K. I doubt it. IFS is gonna happen no matter what

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Post ID: @qwr+1jONB07T

Left?

I'm not sure they've even started yet.

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Post ID: @idd+1jONB07T

25k left to cut.

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Post ID: @idi+1jONB07T

what is breakdown for these 1.5k?

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Post ID: @miw+1jONB07T

Many many cuts coming... read this estimate from financial statements:
https://www.thelayoff.com/t/1jtPAlmy

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Post ID: @hrk+1jONB07T

The blood bath won't start until Q1.

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Post ID: @eku+1jONB07T

Too many.

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Post ID: @odv+1jONB07T

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