Thread regarding Intel Corp. layoffs

Job security at Intel?

One can go from being begged to join the company by senior leadership, believing that you're valued and have a place in the organization for a long time...to being walked out as a "low performer" with ISP (for being "successful" and "new to Intel") in no time flat.

Despite getting external awards and recognition. Despite accomplishing more than 100% of objectives. Despite taking on stretch goals and challenges and representing Intel in the public sphere in very positive ways. None of it matters at all.

There really is no job security at Intel. It's all up to the vagaries of (really poor and inconsistent) management. You're always one manager, role change or whatever away from being shown the door. For being "successful" no less.

If there's a better way to destroy trust, risk-taking and initiative, then I don't know it.

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Post ID: @OP+JaAku3z

19 replies (most recent on top)

Only fools with no where to go stay, trapped by visa application, or those that don't get better offers come these days to the Titanic.

Tech is booming and Intel sinks what a leadership FUBAR

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Post ID: @4Nzfi+JaAku3z

I agree Intel needs to attract and retain top talent. this was already difficult to do with intel's toxic culture and political, BS employees. Inmates already were running the company. Constant layoffs put icing on the cake. Last year's torturous ACT and how it was done and communicated, lowered already low morale, paralyzed the organization. But after laying off thousands of people, we learned that the company actually put no controls in place and hired thousands of new employees. At the end of 2016, we were back to square 1. Everything can be explained with new spins and new names. How we ended up with the same employee count was also explained - that was our plan all along. we laid off from declining businesses and hired in new businesses...The truth is different. At the end, we needed a net decline in headcount and we didn't. This was the fault of bad leadership that put no controls and said something and did something entirely different. Were they made accountable? I guess not. Now we have no choice but do another act but it needs to be called something else. Because we were told that there is no ACT this year by our leader. So the new layoffs are now packaged as Path to this, path to that...instead of focusing on real problems, working on execution, developing competitive products, we are all working on path to reduce our expenses. History repeats itself. Companies who focus on paths to reduced % expenses will continue to be on that path with more and more layoffs - because top line continues to decline.

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Post ID: @4Nino+JaAku3z

Intel is a dying dinosaur the leaders are trapped by x86 innovators delema and can't see beyond the strengths and behaviors that led them to domination x86

BK spins a good story complimented by big bucks study paid by Intel that the new markets they chase are real and they will dominate. If you believe this go back and read innovators delema

Sorry intel is no innovator hasn't for the last two decades, missed mobile when they were strong, now they are decayin quickly as you have seen three straight years of layoffs, anyone who thinks there is a future beyond riding the ship till it sinks is a fool.

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Post ID: @4Mvou+JaAku3z

http://fortune.com/2017/06/12/intel-brazil-chips-overheating-phones/

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Post ID: @4Leym+JaAku3z

Reality is that Intel needs to attract, retain, inspire and lead top quality talent if it has a chance of turning the corner.

If Intel is (and/or is perceived to be) one more place where you have no job security because of constant layoffs, reorgs, restructurings, bad management, capricious HR policies, etc. it will not attract or retain top talent.

To compete, Intel truly needs to get back to being a great (or at least good) place to work. And not in the "everything is awesome" Circuit propaganda / fake party for the launch of some doomed product-sense. But in the engineers telling other engineers that THIS is THE place to work sense.

Heavy lift after years of inept leadership and layers of incompetent management.

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Post ID: @1wcv+JaAku3z

@1qgc

They won't come back because they would get their azzez kicked by non-union companies.

This is a fact.

See any unions around in the technology industry?

Ever wonder why?

Any legislation would force companies to move where there is no legislation (China, India etc).

It's a competitive world out there.

Your mommy won't protect you. You need to stay current to defend your way of life.

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Post ID: @1vki+JaAku3z

The following..."if any of you want real security, climb back in your mommy's womb.. otherwise there is no such thing in tech over one's entire career span"... is why unions came into play in this country.

I hope they come back.

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Post ID: @1qgc+JaAku3z

Who told you there was job security in the technology industry?

You have to be a complete MORON to believe that.

You work at Intel so there's a high chance of that being the case.

New technologies disrupt old technologies on a regular basis. You need to be fluid and smart to manage your tech career.

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Post ID: @1yxh+JaAku3z

Those hiring people tell literally EVERY JANE AND JOE at the interview that they're "looking for fresh approaches" and the like.

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Post ID: @wiw+JaAku3z

Read the fine print in your contract....

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Post ID: @dpl+JaAku3z

Whine and complain. Intel is a company not family. They owe you nothing.

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Post ID: @eyo+JaAku3z

if any of you want real security, climb back in your mommy's womb.. otherwise there is no such thing in tech over one's entire career span.

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Post ID: @nhf+JaAku3z

There is no such thing as job security anywhere you work at.

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Post ID: @dex+JaAku3z

@ekl - Intel needs you, but doesn't want you. Pretty much sums it up.

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Post ID: @jyp+JaAku3z

OP here.

The trap is that (at least from the outside) it's hard to not believe that there is promise in working for Intel, especially in a new venture: brand, resources, scale, etc.

I was recruited on the explicit premise that our group was 1) hiring top external talent to bring in fresh approaches and 2) Intel leadership had learned from past failures in the domain.

It was all BS. We went back down the road of past failure (what failure?!). Silenced and otherwise drove away the new people who were just fired. And otherwise did everything that we could possibly do to fail externally, while painting a rosy picture internally (point #2 below is so true: Intel senior leadership has no clue about what good looks like).

I'm sure job-seekers won't find their way here...but if they do: Don't believe the hype. And don't come to Intel. You'll be disappointed.

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Post ID: @ekl+JaAku3z

+1 - Amen!

The cuts continue. Even in DCG.

"It's important to clearly call out both factors in play. (1) Because of Intel's inability to break into markets beyond X86 processors, the company hit a wall 5 years ago and is now shrinking. This makes job cuts of some kind inevitable. (2) Because of Intel's inability to differentiate the real contributors from the BSers, the job cuts have a pattern that at best seems random and arbitrary, and at worse is disproportionately impacting the real contributors. This amplifies the impact of the job cuts, and will make it much more difficult for Intel to ever recover."

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Post ID: @dnn+JaAku3z

Don't trust HR verbal promise. Get a written contract. I'm sure Murthy did.

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Post ID: @byl+JaAku3z

It's important to clearly call out both factors in play. (1) Because of Intel's inability to break into markets beyond X86 processors, the company hit a wall 5 years ago and is now shrinking. This makes job cuts of some kind inevitable. (2) Because of Intel's inability to differentiate the real contributors from the BSers, the job cuts have a pattern that at best seems random and arbitrary, and at worse is disproportionately impacting the real contributors. This amplifies the impact of the job cuts, and will make it much more difficult for Intel to ever recover.

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Post ID: @sag+JaAku3z

Let's be frank when the $hit hits the fan with 10nm it will be ugly and huge layoffs are a coming and no amount of past awards and in good with manager will matter. Choose wisely which group, site and business unit you are in as performance won't be a criteria at all the .

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Post ID: @mtm+JaAku3z

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