Thread regarding Intel Corp. layoffs

Is anybody else hoping for layoffs?

I don’t want to quit in this job market, but if they gave me the chance, I’d take my severance and run as fast as I can. I’ve been here long enough that it’d actually make a difference.

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| 1518 views | | 11 replies (last January 9, 2025) | Reply
Post ID: @OP+1jgzhexkt

11 replies (most recent on top)

Layoffs could be very different from anything previously experienced at Intel. It will be one of the first things done under a new CEO. They won’t tolerate the prolonged process if they really plan to make changes and pull off a turnaround. You can forget about the lucrative severance packages of the past. This company needs a shock treatment to break away from its bad habits.

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Post ID: @jx+1jgzhexkt

Yes! Missed my opportunity last time, as I wasn’t sure so many of my peers took the ER! Just hope ER returns soon!

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Post ID: @fr+1jgzhexkt

@b4 Remember that eventually the crazy train of work ends for everyone. If someone is hanging in there to meet the rule of 75 or get to a certain age, if that is close I totally understand the OP. Otherwise, in this job market you are correct.

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Post ID: @dk+1jgzhexkt

You missed the many boats and cruise ships that pulled up and rolled out a think red carpet. Now deal with it.

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Post ID: @dj+1jgzhexkt

You had a chance, back in Sept.
What kind of miracle did you think was going to occur in a couple of months to flip this company into a positive way? It hasn't happened in years, much less months.

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Post ID: @d7+1jgzhexkt

No but for RTO yes

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Post ID: @c6+1jgzhexkt

Just quit dipsh-t

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Post ID: @c0+1jgzhexkt

No package for you.

Packages will only be for the ones who are still there that contribute to innovation.

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Post ID: @bk+1jgzhexkt

Well assuming there's another round of layoffs like last time, we should have a few months after the next quarterly earnings report before last day of work, which would place the end of the next round of layoffs in April. You'll know for sure in a few weeks.

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Post ID: @bg+1jgzhexkt

You are an absolute id-ot if you walk away from a job voluntarily without another job offer in hand. In this job market any severance you get will quickly get burned through to support yourself while you look for the next job. It is always better to have a job when you are looking for your next job.

If you are so desperate to leave then you should already have your resume out and have applied for as many new jobs as possible.

Large severance package are likely a thing of the past. You missed your chance in Q3.

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Post ID: @b4+1jgzhexkt

Yes

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Post ID: @af+1jgzhexkt

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