Now as we face a terrible economy, we have the added burden of 25k employees hired during the pandemic. Now that the reality is dawning on him, he will be forced to cut at least 15-20k and possibly more over the next 2 quarters.
Does your team PO: Refuse to talk to customers? Refuse to understand customer needs? Refuse to talk or take advice from team engineers? Refuse to prioritize continually Refuse to create user stories Refuse to take ownership of... — read more
Most aptly described by CB's as a "creosote bush" x86 and its high margins poisoned the ground. There were multiple attempts to diversify the product line from the mostly stupid toys, to the high end graphics chips, to the "me too" efforts to... — read more
https://www.cnn.com/2022/09/25/investing/stocks-week-ahead/index.html Even the mainstream media is calling out Intel. Billions of US Taxpayer money is being shoveled into this dumpster fire. "Shares of Intel (INTC) are down more than 45% this year... — read more
Does Intel ever give employees a chance to find another position during layoffs if they're affected? A friend who works at Google was affected by recent cuts but he was told he had 60 days to find another role if he wanted to stay. I haven't heard of... — read more
Any prospects here? I am getting bored here. They have tons of people all doing "strategy". there is no "actual" work to do. just paper exercises. what is the prospect for ifs? is it better to stay or explore elsewhere?
Intel management thinks the tides have changed and are pushing hard for back to the office, you should expect this to be required soon. Lets see the result, many remote jobs from companies with the times and not failing in such a dramatic public... — read more
I hear everyday people leaving and wondering if they saturated giving packages or not?
Apple were cleverer than Intel not to buy the useless management layer like Intel bought from Infineon.😉 Intel management should share their expertise in begging. Have a heart, I am not being mean, that would help plenty of homeless people. The only... — read more
Has anyone been offered an SVP? I see many seniors leaving in my org.
Are most of the people here ex Intels?
I saw some said there will inflation comp adjustment and RSU grant in October. Managers have not been notified and not aware of such a news. Might be true but cannot be verified.
The pay raise alone wouldn't keep me here. I'm not sure that Intel has the ability to keep anyone with marketable skills anymore, because other companies offer much better opportunities in every sense - not only higher pay, but also a healthier... — read more
Rumor has it that Intel's (INTC -1.63%) Arc lineup of video gaming GPUs (graphics processing units) is already being nixed -- just a handful of years after originally being announced and long before any of these dedicated graphics cards ever really... — read more
Anyone here who is currently experiencing project slowdown or cancellation? Any guesses on how many project cancellations have happened recently?
As long as the leadership treats our best employees as commodities instead of making sure they feel valued, we'll keep losing our best talent to competitors who will be overjoyed to have them. This has been happening for years and the consequences... — read more
I would like to see Intel get back on track. With such an arrogant leadership, unfortunately, I don't believe that will ever happen. How likely is it that Intel has a strong comeback? What miracle would have to happen? Perhaps someone out there... — read more
I have heard from a few sources they are working on inflation adjustment. Any update or more details?
I would not call anyone who says that it is no longer nice to work here an "Intel hater". This is not about hate, nor is it about excessive complaining, but rather bitter criticism coming from people who care about Intel. The real question is why... — read more
Hearing that the actions will begin soon.
I am wondering how much Intel Haters getting paid to post BS here ?? lol
MJ CCG Vice President confirmed layoff - Be prepared
When idm2.0 finishes we are expecting a huge market cap increase up to half a trillion!!
I’m proud to be working at intel. There is a great future a head of us.
Heard they are planning salary bump similar to last years 7%. Have you heard anything? Also I heard more hiring slow down will be soon announced
One of my friend who works in HR told me that Pat and HR are working to give out of focal inflation adjustment raise in October. Also working on formula for RSU adjustment due to recent stock price drop. Past RSU grants above $40 will be adjusted to... — read more
Whomever I talk to, everyone is quite indifferent to rumors about layoffs. I get the impression that no one wants to work here anymore and that everyone is dedicated to looking for other opportunities, except for the greatest mediocrities who won't... — read more
Why insight delayed by the end of October? Are they preparing SVPs?
Anyone experienced regrouping or project cancel? Does it mean a layoff?
If it's true there were layoffs in Europe this week, I'm thinking we're next. Maybe not this coming week, but in the next month for sure. I'll be honest, if it happens I won't be terribly disappointed. As long as they don't gut the severance package... — read more
Managers are working on the insigt list. It will not be a full scale redeployment in October, but groups will be asked to merge within BU where resources are needed. I guess if you want to leave Intel because of a merge, it is easier to spin it... — read more
Anybody impacted want to share their thoughts and what they were told?
What do you think about our qpb and APB ? Will be low as last quarter?
https://www.pcgamer.com/intel-wifi-sensing-raptor-lake/ Genius! You AMD and Apple fanboys can’t compete with this level of innovation. INTC going to $100 Thanks Pat!
At Intel, we love our data and celebrate data driven decisions. With this as the ethos of the company, and as a meritocracy, then shouldn't our CEO be on a performance improvement plan (PIP)? Here is the data: according to SEC filings, Intel CEO... — read more
I can't believe that no one who left Intel has come to regret that decision at some point?