Chipmaker Intel last week confirmed that it will be implementing a round of layoffs - the third over the past year - in order to reduce costs. Several reports say that thousands of layoffs will begin next month with a focus on the PC chip making division which is very active in Israel.
https://en.globes.co.il/en/article-third-round-of-layoffs-at-intel-will-hit-israel-1001446326
Intel is reorganizing, the israeli let go can go across the street and get a new job but the Oregonian will be permanently unemployed.
Intel Israel had a great engineering team in 2000s and up to Sandy Bridge and Skylake timeframe. After that, not so much. A lot of the best engineers went to Apple and other companies.
Intel Israel will be on the decline so US can get all The CHIPs Act tax breaks.
Anyway you are all arguing about nothing, the company still has to cut 30 - 40,000 heads so there are plenty of layoffs to be had at every site location, esp. Haifa.
AMD has far fewer engineers then Intel Israel team. You need to be honest with your benchmarks.
Team Israel is definitely not lean.
Israel engineering is 2500 people(2% of Intel ) that makes 50% of revenue with its BigCore and Client.
Yeah... no. Don't get so defensive team Israel, we have all been to Haifa and seen the hourdes.
To all Israeli team haters, compare the size of Israeli teams to those in North America or India. Despite being three times smaller, they are achieving better level of work and results
Awful working with them. The most untrustworthy and conceited Intel colleagues I ever had
When will Intel get rid of the many BAD leaders in Israel??
Chiplets, gpus, fabless ecosystem that were existential threats became existential catastrophes, intel is no longer a profitable company. Chatgpt is the next existential catastrophe that won't be understood until 2 more quarters.
Silicon forest is dead.
Good these folks are all sh-t to work with.
so strange all this talk about multiple rounds of layoffs... and HC is still higher then is was one year ago...
the front of the train has crashed at 200 mph and the cars at the back haven't caught up yet... but soon the wheels will fall off.
Intel Israel might as well be on another planet. They churn out buggy hardware and then move on to create more buggy HW, and the worst part of it is that they don’t communicate the serious defects defects that they know about.
Same with firmware. They’ll make code changes, do a few unit tests, then throw it over the wall to the driver engineering teams. More often than not, that firmware doesn’t work, and since they’ve moved on to something else fixing that firmware is a low priority to them and their manager.
I really hated working with those folks,
"Intel's global headcount, however, increased from 121,100 people at the end of 2021, which was a record year for the company, to 131,900 at the end of 2022. In other words, Intel continued to grow even last year when its internal crisis intensified."
Pathetic ... sad and pathetic ...
Will it get rid of the bad managers in that region? I doubt it…