If the company somehow managed to regain its reputation after big cuts in the past, I don't think it will be so easy in the future.
How will they be able to recover after these cuts?
I think that Intel won't be the first option for those looking for a job anymore, especially for those with skills.
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What reputation?
Intel has been doing quarterly "rolling layoffs" since Q1 '13. They're quiet layoffs that normally affect several dozen people per BU and are spread out over a few Groups & Super-Groups.
How to tell a poster hasn’t been at Intel for long: they think layoffs are unusual.
Intel has had regular layoffs every 3-5 years since the 90’s. This one took slightly longer to materialize, likely due to COVID business changes, we’re all in this together bullsh-t, etc.
This is just the next step and repeat and pretend this isn’t normal for Intel.
In theory, during layoffs, the brain gets rid of the fat to focus on the muscle.
In reality, the fat gets rid of the muscle leading to brain death.
Intel does not need to recover from anything because of layoffs
- Wallstreet loves layoffs and no serious investor cares about what happens to employees let go
- Intel has long been dependent on hiring H1Bs for its engineering staff and that won’t change. In fact potential candidates will be willing to shank one another for a job that sponsors them.
Somehow trying to convince yourself Intel dumping a bunch of people who weren’t doing any meaningful work is going to be a negative on them is just a slip from reality