Thread regarding Intel Corp. layoffs

Finance folks & SG&A folks - Don’t stress too much

Finance guy here. I want to give some of you hope on the non-technical side since I know we will be effected most significantly.

When I first caught wind of the rumors several weeks ago, I started networking on LinkedIn more - not applying for jobs per-say, but reconnecting with old MBA Classmates and asking how they like their companies, messaging job posters to take a look at my resume and see if I’d be a fit for the role they posted (LinkedIn gold is valuable for this), and floating my resume around, etc.

In the last three weeks, I’ve spoken to six recruiters (no, not the annoying ones on LinkedIn that spam you, but legit recruiters embedded within HR teams at companies) and have had 4 subsequent reviews with hiring managers, three of whom strongly encouraged me to apply and one who basically said the job was mine if I filled in the formal application.

I’m a Sr analyst - these positions ranged from lateral moves to other sr analyst positions at well respected companies like Amazon, to career advancements (fin manager, dir of fin) at smaller organizations.

My point is, the job market isn’t totally trash (yet). Put out good vibes, and be ok with going outside tech. Look at supply chain, healthcare, and recession resistant industries, if for no other reason than to hunker down and wait out this recession before going back to tech.

Best of luck to all of you. Idk if I’m on “the list”, but I can at least take comfort knowing there are plenty of options out there I’ve planted the seeds for.

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| 2494 views | | 1 reply (November 4, 2022) | Reply
Post ID: @OP+1jxGofdM

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If you benchmark vs. other companies I would say Intel finance people are some of the best around. At the same time, Intel has a much higher % of finance people then other tech companies. So, what you say makes sense to me. Your skills are valued elsewhere and Inside Intel there are lots of analysts so, might be good time to jump.

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