Anyone heard when next round of layoffs are expected and how many? Heard from several friends those are coming soon, especially in the US.
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10% of McAfee support and logistics got their walking papers over the last two weeks. Welcome to intel you're fired.
We need some major reorgs in TMG. Lot's of people are hoping that since Bill Holt is leaving that Sohail Ahmed and Ann Kelleher will shake things up by doing some much needed house cleaning. We'll see what happens but we'll likely just get more of the same. Nothing really major ever seems to happen at Intel (unless an internal memo get's leaked to the press, then it seems like a major event).
@4erl you left out BK will not layoff any minorities specially female!
Buffett is a smart (and rich) dude.
I can't think of one instance where Intel has bought the leading company in it's field (leading MSS, profit, whatever, etc). It's always "the dog" / cheap company. On the other hand if you look at an expert investor like Warren Buffett, leading companies is just about the ONLY thing he buys.
when did financial EVER predict layoffs....ask the SSL4 folks with ISP last july.....who paid 16B for a sh--ty tier 3 FPGA company afterwards? who keeps buying israeli garbage startups?
3dej and 4erl you are not living in the real world. Of course Intel's financials are good... just as they were last year when people were laid off. Financials do not equal layoffs - your logic is flawed. And continue life as usual... yes, usual is for layoffs to happen at Intel. Intel layoffs are usual!
Just heard from BK no layoff this year so no need to panic and continue life as usual!
This is BS. Intel has good profits and our financials are solid. I do not see any layoffs in the near future.
Good point @3jar
If you are not prepared for layoffs, then you have no business in this industry
Hope nobody is laid off. It destroys families. Never wish this on anyone
Heard about this today
Looks like a blood bath is coming. Never seen it like this since the 10K layoff. Good luck
Big re-org in Oregon. They are discussing merging groups right now.
Seeing senior management scurrying around for sudden ops-reviews, expect it around the April May timeframe. Great time before the sabbatical season.
June
april-june.....works like clock work...every year since 2012 in PDG