Thread regarding Intel Corp. layoffs

Deep Regret

I joined Intel a few months ago from a big defense contractor. I used to work for Intel back in 2010s and decided to come back for the salary bump. In my previous company I never worried about layoffs, not even crossed my mind. Re-joining Intel is probably one of the worst decision I made so far.

The waiting game of layoff announcement is just mind crushing. If they can be like Meta with swift action, that would lessen the suffering of a lot of people.

If something happened to me this time, I hope I’ll learn the lesson and never come back.

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Post ID: @OP+1jDPQJEb

5 replies (most recent on top)

2ism+1jDPQJEb, what position did you hold? Engineering or technician?

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Post ID: @2xlf+1jDPQJEb

I've been laid off by two defense contractors in the past 10 years. They're not any safer either - nothing really is these days. It's just luck, or in my case, bad luck.

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Post ID: @2ism+1jDPQJEb

Defense $'s have typically been a safer harbor from economic turmoil. I benefitted from that in the 1980's for awhile, the joined Intel in '91 as it continued and accelerated a major upswing. Those were the days. I fully retired in 2014 when I totally lost faith in management (at all levels) and project planning. Best of luck to you and yours.

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Post ID: @1woq+1jDPQJEb

It is really strange how some employees can see Intel's future so clearly and accurately, and so many others believe government grants are going to save Intel. I intend no sarcasm whatsoever.

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Post ID: @jyx+1jDPQJEb

I was asked by several Intel recruiters to come back, even a SVP. My wife deeply wants me to go back, why I couldn’t imagine. I think something to do with patriotism.

The companies is so FUBAR. Money, RSU, nor Title and promotions made me consider. Why might you ask?

It was always clear to me of the trend for the last decade and longer. Now it is more clear than ever that Intel has a broken strategy as it has sailed well beyond the pivot point inflection. The IDM and IFS sounds great and loved by almost all for its spirit and ideal, but in reality is false narrative as it simply is ignoring reality.

Beyond blockade or invasion of Taiwan where the whole world will go into the $hitter and Intel will have more relevance. Intel is finished as a real competitor in silicon manufacturing and all that effort and money is a distraction and false hope for the rest of Intel. Right now AMD, Nvidia, Apple, Qualcomm, dang even Microsoft, Google and AWS all are fiercely competitive and most notable many beating Intel both in TTM and product PPAC and will continue to do so for another few years. Why does reaching parity in technology three years save the company as every other competitor will for the next three years extend MS and competitive position with the current trend?

False narrative of billions of free money and empty talk that will bring back silicon leadership to hide design / porosity inefficiencies and poor execution.

These false narratives all but certain to continue to drag down the company. Should have trimmed and focused.

Ah now layoffs and for certain more in the future. Dang can’t even get layoffs right as OP mentioned is another drag on the people when the company can afford it the least. Unless of course the worst case scenario happens and the whole world does go in the $hitter and Intel is more relevant, what a FUBAR

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Post ID: @aal+1jDPQJEb

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