Topics regarding layoffs at Intel Corp.

Topics regarding layoffs at Intel Corp.

SATG QSG

Not that I was expecting anything different but listening to the HR dude tells everything about the company. Also why does anyone need a bloated HR department full of garbage like this guy I won't know.

Cruise trip

Remember when the Sales team (C. Schell) went on a Cruise approved by Pat! HAHAHA That's hilarious!

Insider news on PMSO?

Any news on how many people taking cpm or retirement packages in pmso?

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Customers come Customers go...

Why don't they sign for foundry? At this point just give them whatever capacity they want...why not? We're sc--wed anyway

Make no mistake this is not end of it

There will be additionally layoffs waves that follow this first initial one. Don't think that when the ISP is over and done with that’s this is over. I think everyone is of mind that that’s it. Get through this and back to normal. Oh no. No no no... — read more 

Ohio layoffs?

Anyone have word on how many will be impacted at the Ohio site? There’s not many of us blue badge at the site yet and we’re behind already.

Known Group or BU Target Cut %?

SMG publicly came out with -35% HC cut for the group in an open forum. Any other group or BU have come out and told employees the target % reductions?

Isn't execution really at fault?

Everyone is blaming CEO here - why not share some blame with Ann & Keyvan? Execution misses, not being able to handle customers... isn't that them? Just asking...

Kramer on intel

You might have hope…he said on todays show “sell everything intel” ….could be a buy signal

Can Pat STFU for Once?

https://x.com/pgelsinger/status/1820857358651986394 Just shut the F up. Let the product speak for itself. Don’t go on and on about unreleased products when you have lost all credibility. The only way to get out of this is the actually DELIVER. — read more 

How many CPM takers?

We will have cuts and layoffs following. I would just like to have at least a vague idea about the size of the chopping block.

Why should employees have faith in Pat?

2021 Pat rejoins Intel and the stock is $60, 3x higher than today. He outlines his plan to restore Intel to its former glory with 5N4Y. Intel headcount increases 10K during this year. Pat believes that the semiconductor demand situation is the... — read more 

Bring back BK?

There really is only one guy alive who can fix this - bring Krzanich back!

Is this true?

I’m staying because the ISV package is the same. Are VSPs and ISPs really the same?

Impact for new hire

new hire with less then a year do they CPM also and what the guess involuntary package ?

COBRA details conflicting

I’m currently evaluating taking the enhanced retirement. One of the several vague areas is COBRA. I seem to find conflicting interpretations. Intel says it’s an extra 6 months of COBRA for a total of 18 months for the enhanced retirement package... — read more 

Something doesn't add up

If the situation is so dire why are the separation packages fairly decent? Why let people voluntarily choose to leave instead of hand picking the low performers? Cutting low cost comfort benefits like free fruit and drinks. They want lots of people... — read more 

Intel Solution: The Huang Family Tree

Jensen and AMD CEO, Lisa Su, are cousins. Intel is one swift removal of a bible-thumper away from being competitive. Remove wanna-be corporate Jesus, who came from on High like Montezuma, and install someone from the family that shyits next gen... — read more 

Pat = ….GOAT?!??

Short is the list of CEOs who have destroyed as large and consequential a company as Intel in such a small amount of time. Pat Gehlsinger may be the GOAT of ruining companies, but he’s laughing in your faces all the way to the bank. What a total... — read more 

Stock Keeps Falling

Am I seeing this right? Why is the stock price falling even today when the Nasdaq seems to be up? Is Intel that bad. I have some stock that bought in 2012 -- at the height of financial crisis. The price is down even from then. Can't believe this. — read more 

I don't get those who refuse VSP

Do you honestly see a future so bright for Intel that you want to stay for it? Do people really think Intel is going to recover after everything and be a great place to work once again? Seriously, please tell me what's there to stay for? I can't... — read more 

Sabbatical Payouts

Info session today said that earned sabbatical does not get paid in severance. AskHR says it is, but makes some ambiguous comment about Cali and Colorado. Anybody know if banked/unused 4 week sabbatical for employees in Oregon gets paid in... — read more 

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