I've seen this happen a few times. What's the point of laying somebody off if you're going to allow them to return? Especially if they're given a severance? Why pay somebody to leave and then welcome them back to the company? What exactly am I... — read more
Competition for available jobs will be fierce
An average 1,600 tech workers have been laid off every day of 2023 so far On an average, at least 1,600 tech sector workers have been laid off every day of 2023 so far, per Layoffs.fyi. That's as 91 tech companies globally have axed 24,151 jobs... — read more
D Day Tomorrow after MLK
Good luck DCAI, GSEM and others! Hope to see you other side. If not let’s be supportive!
Layoffs elicit less and less reaction from people
I remember a time when me and my colleagues were much more worried at the first sign that there might be layoffs, even when the job market was much better. Have you noticed that people here have become more and more indifferent to cuts? This speaks... — read more
Foundry & manufacturing is the cancer of INTC. Change my mind
Here's my 2 $: INTC share price will be improve if it sells off manufacturing and be a full scale design company like Qcom, AMD or NVDA
Will Pat go to h€ll for IDM2.0 and IFS 3.0
So will Pat be banished to he-l, will be tough for such a religious person to continue what is obvious IDM and IFS is a lying path to h€ll for Intel. But is it possible he will be forgiven as he truly delusional and will repent for his sins when... — read more
NEX VP... Nick
So what is the story on him? Is he leaving 😉
Do you believe this, what a bunch of clowns
https://www.semianalysis.com/p/intel-roadmap-and-pc-tam-update-tone?utm_source=post-email-title&publication_id=329241&post_id=96449028&isFreemail=true&utm_medium=email “ntel held their PC TAM (total addressable market) and Roadmap Update event... — read more
Apple CEO asked for 40% pay cut this year.
Whom would you work for? Tim or Pat?
Did anyone start getting email or 1:1 in MSO/GSEM?
I heard a few spotty issues happening from yesterday, but did the BU systematically start the execution proceedings or it still did not start yet? It seems there will be a 200+ HC reduction in GSEM alone post VSP. So, it will be massive 25% HC... — read more
It's beyond me
Instead of getting rid of slackers who do nothing but spread a negative atmosphere, Intel decides to lay off some of the best employees....... Do you have any explanation why this company works against itself?
Intel stock crossed 30 marked. Soon it will be $60. Cheers!!
Buy call options for intel. Soon it will cross $60 due to great leadership of Pat.
When do we expect layoffs in TD?
Roommate working at TD in Intel. I need to know if I continue my lease or break and find someone else who has a stable job. Don't want to be put in a situation where I would have to pay for his share as well incase he gets layed off and leaves the... — read more
AXG
What has the AXG re-org resulted in? Are there more layoffs, esp in HW? What's the overall mood?
More info on latest Intel layoffs please?
Please provide me more info on latest Intel layoffs. I have joining in March 2023. What can I expect?
Rewards
I get it that lot of folks are losing their jobs. But man, it sucks to not have raises in Q1. It seems that all the work last year was waste. Struggling to find motivation in new year.
Take the full severance or use this consulting company to try and get rehired/new job?
What should I do? (new hire within last year with MBA)
Intel's layoffs being announced this week (1/11-1/13 2023)
They already published a voluntary severance package for those who were willing and those who qualified took it. Now the rest of us wait as nobody knows what the algorithm will be this time. In 2016 the algorithm was all those with a less than... — read more
Inside Intel’s Delays in Delivering a Crucial New Microprocessor
https://www.nytimes.com/2023/01/10/technology/intel-sapphire-rapids-microprocessor.html
What is actually happening…..
Only higher level paid folks or folks with greater than 20 years experience are taking the voluntary package. For involuntary leave…leaders do not have the guts to fire their pals. So where does this leave them…. having to let go 2-3 employees at... — read more
Is Intel honouring job offers?
Meta is rescinding offers which where due to start in Feb, had anyone had an Intel offer pulled?
Strategies to get laid off?
Never before have I heard people considering different strategies in order to get laid off and leave with severance. Honestly, I'm one of them too... Literally, there are many who would love to be laid off.
Any news on GSEM
Anybody started getting notifications yet for involuntary CPM?
So much hate, so little leaving
If you truly hated Intel that much you'd be long gone by now. The fact that you're here on a page about layoffs means that you still care and that you are worried if you're going to be let go or not. Which is why I think all the posturing is... — read more
INTC caught pants down
https://www.fool.com/investing/2023/01/06/amd-challenges-intels-gaming-dominance-with-new-3d/
Must read for everyone that thinks they can retire at a Intel a decade from now
@wgq+1kzvRggL If we look at this as objectively as possible: PC notebook and desktop will be slow growth market, but x86 is entrenched here and would be the last segment to fall to ARM. There will be pockets of losses such as Apple (that... — read more
Estimate headcount in Q4 earnings
What will be the headcount in Q4 earnings. Please guess in your comments. For reference, headcount mentioned in Q3 earnings was 131.5k My guess is 125k. That's about 5% cut.
Intel is not only going through a culture crisis, but an identity crisis as well
It doesn't know what it really is, what it wants to become and who is it really competing with. Is it a foundry? A design house? Is it competing with the top-tier foundries TSMC and Samsung? Mid-tier foundries like GF, UMC and SMIC? Are its main... — read more
Intel is tied to a market in secular decline - the PC
They have (still) a dominant share there and so can’t grow. Furthermore, their existing share is threatened by AMD, Apple and soon Qualcomm. Server is another large market but growth has slowed to a more mature rate levered to GDP. Here, Intel has... — read more
Intel Makes a Renewed Run at the PC Market, but Is It Too Little Too Late to Beat AMD?
https://www.fool.com/investing/2023/01/06/intel-makes-a-renewed-run-at-the-pc-market-but-is/
What's Intel still better at than the competition?
I just notice that the competition is getting better across the board, while Intel is pretty much stuck.
AMD Challenges Intel's Gaming Dominance With New 3D V-Cache Chips
https://www.fool.com/investing/2023/01/06/amd-challenges-intels-gaming-dominance-with-new-3d/
It's a never-ending cycle
Intel overhires to make sure it has enough "fresh meat" when the time comes for the next round of layoffs. Then when layoffs hit, half of the newly hired people are laid off to artificially balance the average age of those who were let go, and the... — read more
This site makes me laugh
A lot of people who post here act like everyone at Intel reads this stuff and cares what is being said. The majority of Intel employees have no idea this site exists and probably couldn't care less that it does. The comments don't matter and won't... — read more
AMD just Ended Intel – CES 2023 Keynote
https://m.youtube.com/watch?v=uLP02jAJq3w Yikes. Clean ki-l losses across the board.
Their idea is to save on severance costs
It's not much different at other companies either, but at Intel it's clearly noticeable - managers are quite adept at creating various types of pressure on employees in order to get as many of us to leave so the company can save on severance pay... — read more