Thread regarding Intel Corp. layoffs

Intel is a great place to work if you like annual layoffs

I worked for more than 15 years at Intel. During that time there was no period greater than 6 months when the company was not laying off large number of employees in one of its numerous worldwide re-configurations, downsizings, rightsizings or trims. It is great place to work for a few years to get your ticket punched and move on to a better company. Intel should be a second or third choice employment option. I was lucky to survive until retirement, most are not so lucky.

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Post ID: @OP+Kznktt3

11 replies (most recent on top)

@2pes - You forgot to mention the SET actions under PSO in the 2006-2007 timeframe.

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Post ID: @2fne+Kznktt3

to mxk

Let's not call it layoff then, just annual workforce reductions. Since I started working in Intel US 16 years ago, I experienced 15 workforce reduction efforts and survived 14. But other than having lots of stress they were kind of easy to survive. Besides working my a---off I just had to make sure I was more relevant than 1 or 2 people in my group and that my department was considered critical. unfortunatly in 2015 I was moved to a new group under a new manager in a different site (me being the only one not there) and I failed to crack her value scale.

2016 - layoffs

2015 - layoffs

2014 - general redeployments, CR manufacturing closure and % of corp. support people redeployed

2013 - general redeployments

2012- Product groups colocated, people offered VSP and redeployment.

... Somewhere along the line TAC was moved out of Folsom, etc

2001 - 2002 experienced the friendly redeployments when Intel begun moving jobs to Malaysia. EEs were suddenly told that their job was gone and starting next monday they will report to another manager doing a different function, or they can quit if they don't like it. I know some quit after a few months.

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Post ID: @2pes+Kznktt3

yawn

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Post ID: @2npy+Kznktt3

@Kznktt3-mxk. It was a mix of ERP and VSP that hit the senior admins; several told me they were given both notices, and it makes sense if you combine years of service and years in grade as being more likely in the senior ranks. I know many others who weren't senior who got the VSP only and were not eligible for ERP yet. Some decided to leave anyway on the VSP and others have decided to stick it out and take their chances--and aggressively work toward a grade change or an EE if at all possible. I got both ERP and VSP and that was a clear enough warning for me to get out. Seniority and steady success were not what the company was looking for anymore. It makes perfect business sense to go for younger, cheaper, less experienced new comers. Because Intel was close to unique with its 'lifer' culture (at least in the past) it was very possible to have a bunch of highly compensated 'average' employees over time. My old job is being handled by last year's intern, now an RCG. I can guarantee you she is not making what I made after 15 years clawing up the salary ladder.

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Post ID: @erp+Kznktt3

I don't think that's a true statement @coq. Yes, a lot of senior admins left with ACT, however, to the best of my knowledge they ERPed and weren't "took out" as you said. I know because I was a senior admin that ERPed so had my ear to the ground on this.

Also, a few of us had been saying for YEARS about how Intel really, really needed to start hiring in more Jr admins because the admin population there was aging and when they went, and there were a whole slew of them skewed toward older, Intel was going to be in a world of hurt. And it happened. They offered ERP to all that were eligible and a bunch of us jumped at the chance.

Now, as I've been saying for years (it came true!), they are hurting for experience admins since they all jumped ship, so yeah, they are trying to hire senior admins like crazy. But not for the reason you mention @coq.

I called that one. Someone shoulda listened to me years ago. But do they listen to reason? Nooooo.... lol

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Post ID: @mxk+Kznktt3

If you truly did work at Intel for 15 years, you would know that there were not annual layoffs like another poster mentioned on this thread. They would get rid of people with performance and attendance issues but not made up stock issued criteria layoffs. Intel is at least 50k over headcount for a company that is not growing and no demand for their ancient products.

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Post ID: @jdf+Kznktt3

newsflash, this is how it works at every company.

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Post ID: @kfa+Kznktt3

Grade 9 and higher is relatively safe since sh-- mgmt has a whole slew of employees below to choose from for layoff. One reason why the company never changes is that they have same people running the show screwing up, just trying to save their own jobs while screwing the company.

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Post ID: @fxk+Kznktt3

Intel will be the next great story up there with Blackberry, Nokia, Kodak.

There ain't no retirement unless you are GR12 or longtimers, but harder and harder as BK wants them all out. If you ain't rising you are walking, what a great place.

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Post ID: @zxe+Kznktt3

Good admins can no longer stick around for as long as they want, due to the new 'time in grade' so-called performance criteria that took out a bunch of them with ACT, to the point that Intel is advertising now for contract senior admins.

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Post ID: @coq+Kznktt3

I think it all depends on your experience and/or title. Good Admins can easily stick around as long as they want. I can't speak for other job roles.

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Post ID: @lpf+Kznktt3

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