Thread regarding Intel Corp. layoffs

Layoffs confirmed

Check new dcai vp record when upload today

CPM actions towards alignment of new deg dcai ccg

New dcai organisation structure and skill alignment for AI

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| 4047 views | | 15 replies (last March 30, 2024) | Reply
Post ID: @OP+1rEZ6jbL

15 replies (most recent on top)

It's bad outside thx to criminals running US. Be prepared, get out! Intel leadership is blind and technically incapable of AI; they have also been lying to you. How may failed attempts and $Bs acquisitions.

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Post ID: @9lov+1rEZ6jbL

The money will be wasted. My group got 10million dollars funding for Foundry. But it is used for other purposes, not a dollar seen used for Foundry. The government should audit how Intel used the money to prevent mis-usage.

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Post ID: @2phb+1rEZ6jbL

bjeezus how do you expect id--ts giving birth to intelligence spontaneous generation was disproven more than a century ago

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Post ID: @1vtm+1rEZ6jbL

Useless shuffling. Nobody wants to use its deficient AI.

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Post ID: @1cja+1rEZ6jbL

Glad I took the last package offering in 2023

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Post ID: @1eew+1rEZ6jbL

Go back and look at the Q4 23 earnings report. A charge for over $1.1 billion was taken for restructuring. Restructuring at this amount always means layoffs/severance. If it costs $100k on average per person, which is very liberal, that would be 11k heads. If the per head cost is lower than the total impacted goes up. They got the chips act money so there is no longer any reason to wait, there won’t be any other handouts on the horizon. Good luck but update your resume and start applying for jobs. I doubt the severance packages will be much beyond the minimum required.

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Post ID: @1sdl+1rEZ6jbL

@jil About time. There was a lot of useless people riding the gravy train until retirement during my tenure there.

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Post ID: @kmf+1rEZ6jbL

It’s real and many senior management at top levels are involved and scared, thousands and thousands of émployees from top to bottom.

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Post ID: @jil+1rEZ6jbL

Maybe there will be CPM (you never know for sure) but it certainly was not announced in DCAI update today. Sorry trolls.

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Post ID: @fkq+1rEZ6jbL

I've lost count of how many times re org had hit DEG, if intel were to be the body, DEG is like the @-- of it

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Post ID: @qlh+1rEZ6jbL

"The money that PG got today from the Federal Government to build “made in America” will actually be used to pay severance packages for American workers"

Wonderful. The US government and Intel pi-s on your leg and tell you its raining.
3 2 1 Stock Buybacks!!!

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Post ID: @tkj+1rEZ6jbL

That's great news!

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Post ID: @hob+1rEZ6jbL

How many will be affected?

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Post ID: @csy+1rEZ6jbL

If you get a good offer TAKE IT

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Post ID: @qbs+1rEZ6jbL

The money that PG got today from the Federal Government to build “made in America” will actually be used to pay severance packages for American workers…

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Post ID: @cif+1rEZ6jbL

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