Thread regarding Intel Corp. layoffs

Recent HR criteria for 2nd wave selection

Here is how it goes:

  • Each are VP's, MVE, Arch, DA/DTS have gotten together with tops down targets of cuts, 20%, 30% whatever.

  • They then slice and dice the area of people say 2000 into sub groups of 100 by site or whatever grouping then want.

  • Then HR has magic performance took that only the lawyers have the algorithm for, which the rank each group.

  • Then the VPs get to select what % of the cut to apply to each group to get that area to the overall tops down target.

Next round of selection needs to be submitted by 6/11, for notification the last week of June.

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