Thread regarding Intel Corp. layoffs

Heard from a HR friend that they are planning to slowly ramp down Folsom site! By end of 2017 it will be fully closed!!

Anyone know more about this? This would be really horrible decision. Is it why they stopped shuttle service to Folsom?

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| 3300 views | | 18 replies (last May 4, 2016) | Reply
Post ID: @OP+Hbb0Dr2

18 replies (most recent on top)

Bye-bye, Folsom. It was nice while it lasted.

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Post ID: @3jyr+Hbb0Dr2

I would not wanting to be owning a house when the cookie crumbles there ... ouch

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Post ID: @2jwl+Hbb0Dr2

it definitely seems to be on the road to closure give past and current activities.

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Post ID: @2ofz+Hbb0Dr2

@Hbb0Dr2-1fbe: Thing is, there's plenty of room in NM for all of NSG in CONUS if so desired...if NSG is so damn vital centralize them...easier to sell off that way...hey, wait a minute...

One thing, though: Does this mean the skateboard park intended for the FM8 slab is ZBB??

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Post ID: @1acb+Hbb0Dr2

@Hbb0Dr2-1lou you're definitely making a lot of sense...what if the plan is to clear out as much space as possible in OR and AZ through the 16/17 actions, then more layoffs (via project cuts) and then relo everyone in CA from FM and SC (sans RNB) to either OR or AZ....I can see this scenario happening for sure.

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Post ID: @1fbe+Hbb0Dr2

SC-FM shuttle service was woefully underutilized for the cost. SC employees get a geo pay bump, FM people don't. Relo to SC is pretty rare; F68 rampup people were offered reverse relo back to CONUS after their 4 years as long as they didn't return to CA even if they came from a CA campus to go to F68. If anything they would move SC people to FM and close down the MI and BW campuses except for RNB; more cost-effective. The only way closing FM first is if Intel plans on leaving CA entirely except for corporate offices; in that case order doesn't matter...Intel is on record as abhorring the CA business climate...

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Post ID: @1lou+Hbb0Dr2

nah.. don't think so.

More than 700 h1b at SC this year.

shuttle service doesn't mean anything...

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Post ID: @1cte+Hbb0Dr2

it does seem to follow logic...cancelled shuttle service, site closures aren't offering relo to FM, but they are to AZ, SC and OR, myvisa website shows over 300 apps for engineering H1Bs for FM this year alone, signaling that while engineering is ramping, if FM closes, Intel can simply offer relo or layoff without the backlash of of ee's...it was confirmed years ago that there are no plans to expand campus...people should really take this into consideration. It's not a fear tactic, it's using strategic thinking to plan ahead for a possible scenario...

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Post ID: @tjb+Hbb0Dr2

I heard it will be more like April 12, 2019 but could get pushed to Sept 6, 2019.

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Post ID: @zzd+Hbb0Dr2

They can't ramp FM, not yet. NSG is based in FM and is growing exponentially (for the moment). If anything NSG will consolidate SC and FM in FM by EOY17 then expand Longmont to absorb the expanded FM population by 2019...but don't be surprised if they move EVERYTHING and EVERYONE to F68 by 2020...

How's THAT for a rumour?

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Post ID: @qqd+Hbb0Dr2

What about 11x in NM?

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Post ID: @xse+Hbb0Dr2

Not in 2017 but I suppose in the next 5 years.

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Post ID: @zgo+Hbb0Dr2

It takes quite a person who would post such things when they know full well that people are worried about their jobs. What an a--hole

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Post ID: @fon+Hbb0Dr2

Not credible in the least.

And the Earth explodes in a galactic fireball in June. Meh.....

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Post ID: @nbg+Hbb0Dr2

Don't spread unnecessary rumors my friend.. Folsom is a major site for intel and will be such in the future as well.. If your intent is to be a sadist by giving tension to the folks there having high mortgages, then it is time for you to consult a Psychiatrist..

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Post ID: @yko+Hbb0Dr2

just shut up folks .. FM is not going anywhere

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Post ID: @czl+Hbb0Dr2

Add 11x

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Post ID: @xbd+Hbb0Dr2

While I suspect this is some sort of troll/baits thread, this would not surprise me

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Post ID: @deq+Hbb0Dr2

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