Thread regarding Intel Corp. layoffs

All hands on Monday invite sent out Saturday ... does this signal trouble? PEG

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Post ID: @OP+HKtpFCC

29 replies (most recent on top)

Is this among management in different teams where they decide who gets to go and who gets to stay? When I read through the ACT site, I see that the remaining steps to reach headcount targets would be left to each group. Perhaps the axe comes down next based on what is discussed. A lot of us are worried.

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Post ID: @1jjy+HKtpFCC

I'm hearing rumor of something similar. Anybody else have any additional info that you can share?

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Post ID: @1eya+HKtpFCC

I have heard that the fate of the European sites that were not already annocuced will be revealed on Monday, at least for ICDG

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Post ID: @1gkj+HKtpFCC

OP- Why are you mentioning the site. It looks like you are afraid they can narrow you down.

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Post ID: @1nom+HKtpFCC

OP here. I am NOT BS'ing. I kept it deliberately vague. Yes it is a "Mandatory" all hands in one of the Core sites. The fact it come out on a Sat makes me wonder ... this might be Phase 2.

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Post ID: @mqr+HKtpFCC

PEG has had all of their requisitions frozen for over a month now. Hopefully they're moving things around and getting ready to strategically open requisitions.

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Post ID: @vpv+HKtpFCC

@jqx, when did he mention rooms? A "group" can be on paper or in a database.

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Post ID: @ayk+HKtpFCC

@dds you obviously don't work at Intel. People don't actually show up in a physical room! Nobody will be herded like cattle. Idiot.

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Post ID: @jqx+HKtpFCC

if you didn't get an all hands invite, you probably are safe.. if you did get an invite, they'll probably put you in two groups, and one group is safe, the other will be met by HR reps and given a "talk".

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Post ID: @dds+HKtpFCC

Quality is dead in all groups. Cost is the only metric for these VPs now.

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Post ID: @whh+HKtpFCC

Intel is playing a horror movie.

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Post ID: @qec+HKtpFCC

@thw - It's pretty clear those groups are going to get axed on Monday then. Get your resume updated if you haven't done so.

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Post ID: @mbw+HKtpFCC

It could be a meeting to blow diversity sunshine up your ass

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Post ID: @hua+HKtpFCC

PEG CDG & some groups in DCG

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Post ID: @thw+HKtpFCC

Wow. Wonder which groups in PEG got it.

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Post ID: @dvk+HKtpFCC

I'm in PEG FM and didn't receive it. What's an all hands on meeting anyway?

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Post ID: @nvh+HKtpFCC

Phase 2 ongoing. How far away from 12K?

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Post ID: @kne+HKtpFCC

Guys, it's site specific. They're not getting rid of all of PEG.

The numbers came in late Thursday, they realized they didn't hit the mark Friday, so they took action Saturday. It makes sense. All hands meetings are the bad ones, open forums and normally scheduled ones are usually fine.

My advice is to run away from PEG. They're slow, miserable to work in, and LOVE to axe groups. Not to mention, they've started massively trading quality for speed and cost. It's going to bite them and the company in a big way. I realize the pendulum swings back and forth on quality as escapes happen, but they really drank the kool aid in PEG this time. And you don't want to be the one to be tagged with the next escape. All the "leaner and meaner, PEG transformation" BS you spew back to them won't mean the hot air it's made of. Make no mistake, the leaders are happy to sacrifice quality and talk like it's the new PEG culture of informed risk taking and shifting to use-cases. But at the bottom you better catch everything. Less time, less staff and less equipment (all risk taking at the top) are not tolerated as reasons, no matter how obviously they caused it.

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Post ID: @lsz+HKtpFCC

I am in FM and got an invite... :(

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Post ID: @ovq+HKtpFCC

The OP must be bullshitting. I work in PEG and I didn't get any all hands invite.

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Post ID: @sfc+HKtpFCC

I'm in PEG and did not get anything, maybe it's site specific. OP, which site are you at?

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Post ID: @fwp+HKtpFCC

I bet this is BS

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Post ID: @hqu+HKtpFCC

I didnt get a meeting invite either in SC. What site are you at. Can others confirm this.

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Post ID: @dtw+HKtpFCC

@gbf you suck..just mind your business..and don't worry about others doing what. People like you shud rott in hell...

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Post ID: @ykk+HKtpFCC

Get rid of the idiots that were stupid enough to forgo their ERP or VSP. No matter what the circumstances, you will now pay for your mistake with a worse package as you are booted out with ISP

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Post ID: @gbf+HKtpFCC

I am in PEG and did not get a all hands on deck meeting.

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Post ID: @vaa+HKtpFCC

Intel did not make the 12k target and are moving on to phase 2!

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Post ID: @srk+HKtpFCC

Maybe it's good news. Actions are closed

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Post ID: @oqz+HKtpFCC

Yup more consolidation and heads to roll. Hope many took their VSP/erp

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Post ID: @bpm+HKtpFCC

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