Thread regarding Intel Corp. layoffs

Layoff Update

I heard BUs are given their remaining 2022 and 2023 budget. Spending cannot go higher than that. Teams decide what percentage to adjust or have no layoffs. It all depends on your team and project you are working.

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Post ID: @OP+1jg025J6

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More HR trolls trying bait people into going off topic. You are very bad at your job HR troll, I hope you get the axe.

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Post ID: @snl+1jg025J6

Yep, it's clear this is driven from a budgetary perspective per BU. If you're BU can cut enough fat from the budget without laying off, you're good to go.

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Post ID: @zyv+1jg025J6

I agree. Lay-off half of the groups and buy all factory managers and VPs Lamborghinis, then double the dividend and ramp up share buybacks (Goldman Sachs CEO also needs a new Lambo.)

If there’s any money left, maybe send some TDs way to work on those new processes, but TBH we can just use the CHIPs act taxpayer money for that, so maybe just more dividends.

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Post ID: @ojq+1jg025J6

I say layoff half of the group and get a bigger budget.

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Post ID: @chl+1jg025J6

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