I wonder what the geo spread is of the layoff worldwide. Evenly spread or perhaps more weighed towards lay offs outside of US? And also is it more focused on manufacturing or not ?
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says here that the numbers for Israel aren’t known and will not be known , is the 1k mentioned by another post accurate ?
https://www.calcalistech.com/ctechnews/article/bj8n11y7xkx
8 people in Santa Clara, 3 let go.
Those three are mid performers, high, low or close to zero performers are not impacted. BTW, the managers are close to zero performers...
No impacts to New Mexico, we need talent there. They are hiring big time. Israel is about 1k employees. Ireland’s big impact was the voluntary retirements. Packages were so good it was life changing for people. If u r still in Ireland you will have plenty of opportunity to step up into bigger roles!
So is Israel being hit as hard as Ireland , a lot of us here in Ireland doubt that given Intel’s very strong commitment to Israel
Any word on NM? Feel like I've only heard about Hillsboro, AZ, and CA
It is mostly focused on the high cost GEO’s. The strategy is to reduce costs mostly in the U.S., Israel, Ireland, and any other western countries. Preserve the low cost Malaysia, Costa Rica, China and Vietnam where it is much cheaper and improves our cost benchmarks in comparison to tSMC. All the groups will be hiring in those GEO’s and work will continue to be moved there until our affordability gets muuuuch better. Expect another 20k reduction over the next few years….it is the only way Intel can compete. We need some wins!