Thread regarding Intel Corp. layoffs

@igc Redeployment for folks who have been at Intel a long time does feel a little like leaving home. But longer term reality is the opposite - when you leave Intel you're leaving a war zone and coming home to some place better.

Because with redeployment they had the chance to find another job internal vs. being laid off or ISP is out the door no coming back.

When I see redeployment it sounds like going to Iraq or Afghanistan. Why not just call it layoffs.

I got offered VSP twice during the last few years. I didn't take it and nobody in my group that I know of took it either. Right after that we got the ISP. They have to do something else beside VSP. Remember they have to hit 12000 and so far I don't think we are even close to half of that.

And I don't want to scare anyone but....we used to do skills-based reductions which were quite labor intensive to identify the employees to impact. My hope for you all still remaining is that they do not use this lever because, you will be matched against everyone in your grade and job code and your skills will be assessed using a skills matrix. In this process, you'll be lumped in with several other employees from various business groups with the same job code/title. Each group can have anywhere from 25 to 50+ people in them. There is a red line drawn in the middle of the matrix (horizontally), and everyone above the line stays, everyone below the line gets released....they could use this lever, if you've been in the same grade for several years with 4+ years as S-SSL3, you end up below the line while the ee's with EE/O and promos end up above the line.

I can easily see Intel doing this as a way to force out the people who were identified for VSP this round, I can also see them giving the folks "below the line" ISP but with rehire eligibility since essentially, you're not considered a "poor performer", but would simply be considered as not performing above the line of the matrix.

former HR here again - RDP is TLA for Redeployment. In the past, people with any performance history (even those with high performer status which is 3+ YoY EE/O rating with SSL1/2) were impacted. With RDP there were 2 options, RDP Pool or ISO (Immediate Separation Option). Those who were RDP'd and chose to go into the pool would have 8 weeks to find another position within the company and if unsuccessful, were terminated and given a package however, like the current VSP, they were able to come back to Intel and be rehired. Those who met lower performance criteria were not given a choice, they were given ISO only (same concept at the ISP) and immediately termed and ineligible for rehire. Many people were impacted, many left and came back a year later. Many entered the pool and found positions. It used to be that RDP lever would be pulled first, Then VSP, then ISP as a last resort....seems the company is now going straight to ISP :( During SET they also did a manager reduction where they literally ran a report at identified those in a job code as manager with drs and layed-off 1000 managers. The total action was 10,000 ee's and at the time the company h/c ww was about 90K. Since SET, Intel has done various lay-offs throughout different bg's but they are somewhat quiet so they don't get a lot of visibility but they have been happening regularly since 2007 (SET was 2006)

What does RDP stand for?

Thanks.

Yeah they are learning every possible combination they can employ to reduce the workforce legally. How are they going to redeploy anyone if there will be less locations to go to? I remember the days when intel didn't do layoffs they only did redeployments, supposedly.

I don't blame the company for reducing costs its just how they go about treating the people. It would seem more humane to just have one big layoff then to keep people in suspense for over a year until they hit the 12K or more if they decide its not enough. Don't forget the pc decline has been rather sharp the last couple quarters and the economy is not looking good. It may not stabilize for a couple years.

Hello, I'm no longer w/ Intel but I was in HR when we went through SET and beyond....I can validate that VSP typically only generates ~2.5% though they target ~4.5-5%. They still need to do project reductions which can get some significant numbers thought as far as VSP, we always saw the people who get offered don't want to take it, and people who would like to take it are not offered...because an ee can't "self-select". This is done purposely as a retention lever, Intel does not want to loose any high performers so they won't open the program up to a broader population. I'm quite curious if/when they will use RDP...which if they do, I'd be very concerned because with RDP, they can combine with ISP and as another previous poster mentioned, the criteria may be even wider in order to hit targets. I thought my heart broke during SET, but reading these stories...I'm speechless.

As well as site closures. But, I think project cancellations will be big as well as another round of kill the older white guy in 2017.

don't forget project cuts are still slated. I expect to see big cut as a result of those

Exactly and they are not going to double the pot of gold. They are going to say here's some more ISP's. Maybe next year the criteria will be even more broad and difficult to decipher.

The VSP needs to considerably better before they'll see good acceptance rates. More like double what it is now.

What that tells me is close to about 4000 ISP will get delivered as nicely as this year after focal.

Let's be optimistic and say next 1/3 come from VSP that leaves 1/3 for next year post focal to hand out ISP.

there are a significant number of people posting who received a VSP offer and don't want to take it, and equal number of posters stating they meet the criteria but were not offered...if history repeats itself, Intel will be lucky to get ~ 2% since the company went through this 2 years ago, with a semi-secret ISP last year...many people didn't want to leave and fear getting the VSP offer. When I was there they tried VSP a few times and it never generated the results they were seeking, then shortly after each cycle we'd have another semi-secret lay-off because they couldn't get enough people to voluntarily leave

This lends some weight to those that say take the VSP because with ISP you will be on the no rehire list and also possibly get the stigma of low performer.

ISP comprise less than a third of the total number.

@H7vg660-tgi Because they always are? Especially in places like Oregon where the job market, especially a decent paying job market, is quite slim.

Can we ask someone from Intel HR to answer these questions please?

Did you see figures on what is expected from VSP? VSP target is assuming people take the offer. They are not mandatory to take. People are "encouraged" to take them.

Why do you think the VSPs will be lower than expected?