Thread regarding Intel Corp. layoffs

Is ACT 2 coming in 2021?

Which orgs will get hit first? Q1, Q2? When will the hammer fall?

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Post ID: @OP+1847h5tT

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San Diego site can not survive anymore, 100% gone

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Post ID: @1fkp+1847h5tT

Some small-small sites shutdown will happen, especially high cost ones like San Diego

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Post ID: @1ixx+1847h5tT

No more packages. Less expense with just laying people off instead of spending billions for PR ppurposes.

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Post ID: @1svp+1847h5tT

@xrq, if that is so, then it looks like IT is first as they have already had some cuts. 21 will be an interesting year for sure

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Post ID: @ebh+1847h5tT

TBH I doubt there will ever be ACT 2. The only interesting thing which might happen at corporate level is if something happens with the fabs.

The new POR is to have rolling layoffs. Every org does them a different month. You have no idea if you will be hit tomorrow or in 2 years.

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Post ID: @xrq+1847h5tT

A package would be an excellent Christmas Present

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Post ID: @qgt+1847h5tT

I hope mine. I want out

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Post ID: @nnc+1847h5tT

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