Seriously some managers can only create PowerPoint presentations with no other skills. Please give them the package to retire
What went wrong?
We just need more middle managers and more positive trending powerpoint presentations and everything will be OK. Let's put together a "Tiger Team" and look for new management/Leadership books to solve our problems. HaHa. Sad ending to a once great... — read more
Good Luck tomorrow
Just came for fun(NVIDA Engineer), Good luck Intel folks.
Pat just found out he isnt climbing Mount Kilimanjaro
He is near the bottom of marina trench instead.....
Will you anticipate in walk out or no work strike ?
To protest for your hard working friends being laid off soon.
Calm down folks, it's a ruse
There's going to be no layoffs. This is just a play off the book to boost stock price before earnings. Stock may reach 40+ by month end.buy now
Nobody is safe
When layoffs are 10% or more, it's not just lazy or incompetent workers who get laid off, even highly qualified and productive workers get laid off. Unless workers unite or join forces to start their own worker-owned businesses, nobody is safe. Yes... — read more
Can the government sue Intel?
Or take the CHIPS ACT money back? Getting money to create jobs then soon after announcing that you're eliminating thousands of positions seems like a breach of contract to me.
F24/F34
The craic & speculation is mighty over here at the moment. An sure we probably won't even get a fecking sniff of redundancies boys. 😩
I don’t think gutting sales/marketing with the layoffs is going to pan out so well
Considering the amount of damage control intel is dealing with right now …
Aloha, FSO
Sort tech, am I going be impacted?
Layoffs - TD role?
Rumor is that TD will remain largely sheltered from layoffs while the rest are scapegoated. Given pdk 1.1 not remotely close to being ready, no ‘whale’ inked, factories >50% under loaded how much longer will ak continue the charade? If there should... — read more
layoffs list
How long ago have names usually submitted of those to be laid off?
Pat… resign!
https://www.marketwatch.com/amp/story/pat-gelsinger-was-brought-in-to-fix-intel-3-years-later-it-still-seems-like-a-mess-9b3dc80b
RTO credible or rumor?
I hope they make RTO mandatory that alone will be out a lot of people who want to work from home.
I heard from a VP admin today that 70% of positions related to software marketing and sales will be eliminated
I heard from a reliable source today that most positions related to software marketing and sales are to be eliminated. This means HPC, AI, graphics, desktop, mobile and server related software products, software optimization, all enabling and Field... — read more
"But we're just 3-5 years away from a comeback ..."
The "leadership" at Intel has been saying that since at least 2014.
Intel layoffs being report by Bloomberg and Rueters
Bloomberg requires a subscription but no real details included. Cuts are on the horizon just but the exact scale is still unknown. https://www.reuters.com/technology/intel-plans-cut-thousands-jobs-finance-recovery-bloomberg-news-reports-2024-07-30/ — read more
Now for the RTO announcement
RTO will be announced on Thursday as well with a minimum of three days per week so all you motherfu-kers who wanna quit go ahead and quit that that’s what they want
Party over?
Guys, you may have to actually work for a living soon.
While Intel struggles and faces layoffs, AMD is ki-ling it
Datacenter takes 48.6% of revenue $2.834b, up 115% YoY from $1.321b Client is up as well $1.492b, up 49% YoY from $998m Monster numbers at the expense of Intel.
A quarter of bosses admit their return-to-office mandates were meant to make staff quit
https://fortune.com/2024/07/24/return-to-office-mandates-layoffs-bamboohr-survey/
Bloomberg announces Layoff at Intel
https://www.bloomberg.com/news/articles/2024-07-30/intel-to-cut-thousands-of-jobs-to-reduce-costs-fund-turnaround
Hope the guys whining about low compensation here get laid off first
Good luck finding a higher paying job in this market
Imagine getting billions from government in chips act and laying off thousands
Intel doesn’t have to imagine.
Let hear it for our fearless leader.
Is it time to point out what a great job Patrick Gelsinger is doing turning the Intel ship around? NOT 5 Nodes in 4 years? Nodes don't count if they are unreliable and have manufacturing defects. Layoffs...he should be the first to go
Intel to Cut Thousands of Jobs to Reduce Costs, Fund Rebound
Bloomberg article just published... Not "surprising" per se, but seems that someone is leaking.... "The workforce reduction may be announced as early as this week, according to people familiar with the company’s plans, who asked not to be identified... — read more
Why do you still work at Intel?
Do you love it?
Stock pummelled down
Looks like losses would be big wide open this Q.
Most of Intel employees have checked out mentally
With a good reason. This is the place where careers go to die.
How much will IDC be affected?
Any idea how much ICS teams and IDC will be affected this time around?
G10 Principal engineer
I have a G10 Principal Engineer in my team who seems to know nothing about anything relevant. How do we hire a Principal Engineer externally!! At a G10 ?
Disastrous Q2 Earnings
Disastrous quarter. Expect layoffs. You heard it here first…
Disastrous Q2 Earnings
Disastrous quarter. Expect layoffs. You heard it here first…
HR employees are receiving special training on handling layoffs
Layoffs are imminent. Source: someone from HR.
When will INTC stock crash?
Any Wall street analyst here?
Come on RTO
5 days a week baby