Thread regarding Intel Corp. layoffs

Any updates?

Does anyone have any updates about % impact for SATG for reduction? How about Intel Labs?

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Post ID: @OP+1tSdoHuR

5 replies (most recent on top)

The labs don’t do any real work lol.

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Post ID: @qac+1tSdoHuR

Greg will announce it in QGS. I don’t know if he will break down the numbers across the 3 units thought, probably not. I think it’s around 15% Pat announced.

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Post ID: @bnw+1tSdoHuR

I don’t know the size of the cuts but SEG is mostly being distributed to the business units.

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Post ID: @yyi+1tSdoHuR

I look forward to Greg's meeting tomorrow. He probably be as d-mb as he is anyways

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Post ID: @vqv+1tSdoHuR

For SATG everyone except for those in India, Mexico, Costa Rica, Malaysia and Poland got the email today. Those that are Grade 12+ which I can assume are Sr. Principal and VPs and above did not get the email. Interns and contractors as well.
Rest everyone did.
So it depends on where you are in your career. If early, it's a no brainer to take the package and start looking. For late 50+ it's going to be hard.
We won't know the exact numbers who took the ER or CPM VSP packages till September (if management will even reveal the numbers)

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Post ID: @hux+1tSdoHuR

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