Thread regarding Intel Corp. layoffs

Likelihood of VSP rejection?

One fear of applying is that Intel management COULD decided to deny your application and you live out your Intel days with management aware of your desire/willingness to jump ship.

If they don’t appprove your application, one presumes you also survive the involuntary aspect THIS ROUND as well… but you’d be an easier target the next time, right?

Anecdotally, it seems like the situation is so despartate that no one will be denied if they apply. You getting the same vibe?

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Post ID: @OP+1tXM6xsP

4 replies (most recent on top)

Sales Revenue - (Total manufacturing cost = direct materials + direct labor + manufacturing overhead) = ELT Corporate Raiders salaries !

Lmao ! ELT Sales and Marketing blew it for many Qtrs ! No product sales innovation to bring in the interested customers !
NVidia has innovation ! Machine learning an creative CPU.GPU,NPUs !

Can the rest of us catch up in time or be zipped on by ?

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Post ID: @1ffc+1tXM6xsP

OP isn't devoid of logic. Volunteering is kind of like saying you think your chances are better elsewhere. Could Intel resent that? Sure. Even though they need to cut heads, Intel might not look at the volunteers positively.

But I agree with Reply 1 that anyone that they retain means they really NEED that person. Intel won't be thrilled that person was ready to jump. It's just that Intel NEEDS that person, RIGHT now. But who knows, as soon as they have a plan B, maybe they will get rid of the volunteer.

As far as not fearing future rounds - the problem is that in the future might not be as good a time to leave. Say you're young, married, no kids. You throw your name in the hat. Rejected, Intel NEEDS you. Now, two years later, you've got a kid, or maybe two. Down to one income, and you need that income. So it might not be a great time then.

So, I see both sides.

I'd say, if you are in a good place financially and like the package (or think things are only going to get worse), then take it, and don't worry about the management fallout.
If you're happy, stay.

There might be some fallout from volunteering, but from what I can tell, management will take nearly every volunteer.

YMMV. Good luck.

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Post ID: @wpa+1tXM6xsP

No wonder Intel is doing poorly. Their employees, like OP, are just downright dim.

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Post ID: @dgc+1tXM6xsP

This is such a stupid take devoid of any logic. Intel is asking people to take VSP, so clearly they want to people to take it and are likely to approve it. If they do decline a VSP, it would be because they think someone is extremely valuable and doesn't want to lose that person. In that case, they would work harder to retain you knowing you're willing to leave. Besides, if you're willing to take VSP, why would you fear getting ISP this or future rounds. You're anyways willing to leave.

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Post ID: @qsl+1tXM6xsP

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