Thread regarding Intel Corp. layoffs

What is actually happening…..

Only higher level paid folks or folks with greater than 20 years experience are taking the voluntary package.

For involuntary leave…leaders do not have the guts to fire their pals. So where does this leave them…. having to let go 2-3 employees at the lower level in lieu of each pal because they didn’t want to make the right choice.

So getting rid of the people who actually do the work…. Vs the PowerPoint warriors!

Then they will just go on a hiring spree again when they say “we don’t have enough people to do the work”.

How will this impact the long term?

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| 3204 views | | 9 replies (last January 12, 2023) | Reply
Post ID: @OP+1kCIX8Xh

9 replies (most recent on top)

What a complete bunch of hogwash. I'm impacted involuntarily. I've been working at Intel over 30 years. I bet that's more than 99% of employees. I'm probably what you would call a "PowerPoint warrior", too. Not my choice, but it's where I need to be for my grade level. You're disgruntled, and your vision has been blurred because of it. I hope you're not a typical entitled snowflake, because the company doesn't need any more of them.

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Post ID: @2jbj+1kCIX8Xh

This kind of vitriol and cr-p is what will make the smart ones leave. So much hate much have a lot of free time on your hands.

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Post ID: @1caq+1kCIX8Xh

"Managers are, on whole, pretty bright people"
Funniest quote of the day!
Not at Intel, skippy.

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Post ID: @1zyt+1kCIX8Xh

@Op you sound very bitter. Do you have any data to support your wild claims? Managers are, on whole, pretty bright people. They don't retain their pals. If they want to succeed in their job their incentives are to keep the best people so their team achieves success. Have you have managed a large group? If so, this would be very clear for you.

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Post ID: @1ldi+1kCIX8Xh

Fwiw, my LinkedIn feed is full of PowerPoint warriors and the folks that somehow managed to attach themselves to all things shiny without contributing taking voluntary. People I thought would never leave cuz why go when intel pays them to appear productive.

Lots of dead weight being shed through the voluntary retirement this time around. Not enough but quite a bit.

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Post ID: @1zma+1kCIX8Xh

Much as we’d all like to paint this scenario with a wide brush in black and white , I’m afraid you’re going to see some younger talent voluntarily leave .

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Post ID: @1urf+1kCIX8Xh

You have to be blunt at Intel because the general understanding and market context perception is so low it will take cratering of the numbers to even begin to see the outlines of sacred cows. It reminds me of Soviet style management.

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Post ID: @ajh+1kCIX8Xh

This is very true, if you ever have seen the stats of a layoff, it is a bathtub curve based on time at Company, most impact are those fairly new (under 2 years) or those with lots of experience (older 18+ years @ job, higher salary than co-worker doing same output).

Those in good grace politically will survive regardless of their actual merit, cantankerous top performers are at most risk of leaving, both from recruiters that may appreciate them more as well as being in the cross hairs of management from being to blunt and embarrasing them in the past, messengers will still get shot.

Long term, we are all going to lose talented co-workers even if not impacted as many are seeing Pat has not enacted a culture change yet in the 2 years he has been at this. We are a long way off from being competitive and I wait to see if any from the C-suite or upper level management is cleared out to make Intel competitive, as long as Intel continue to cling to Copy Exact and cascaded choices, they will continue to circle the drain.

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Post ID: @xrc+1kCIX8Xh

Intel values those PowerPoint talkers and those who are perceived to have the influencing skill. That’s how you have so many “leaders” and so you can dispense with “doers”. It is a sad story.

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Post ID: @htv+1kCIX8Xh

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