Does anyone know how profitable IOTG is and what is the long-term strategy there? Seems like this organization has many senior people (Directors, Sr. Directors, PE, Sr. PEs) compared to the product complexity that they have. Instead of pocket... — read more 

Anyone got their RSU statement today? If yes, how much? Grade? And job category ie soc?

Chipmaker Intel last week confirmed that it will be implementing a round of layoffs - the third over the past year - in order to reduce costs. Several reports say that thousands of layoffs will begin next month with a focus on the PC chip making... — read more 

What we need is a clear direction and focus if we want to come out on top again. We should stop resorting to layoffs all the time and instead work on expanding our offerings and customer base as well as exploring new technologies and approaches that... — read more 

I'm about to start working in TD, and all the negative talk around Intel as a company has me mildly disheartened. I understand the company is in a rough spot, but I try not to let that phase me. I'm excited for what I will be doing and I am motivated... — read more 

No one is special. Sooner or later we will all be laid off. The price of working at Intel is high. No bonus. No raises. Reduced 401k contributions. Reduced salaries. The stress you feel every Sunday. The morale. The trust. The lack of future growth... — read more 

Any update from the DCAI group? I heard there e will be 9% headcount reduction.

Quiet a few folks in CCG got the CPM last Friday. I did not take it, inspite of my manager saying that our group is being shutdown. Will I be forced to take it later? Trying to see if other groups have open positions.

Any more specifics than what was announced in the quarterly call? Disappointed with the lack of transparency and communication about the layoff timelines and the number of people who be affected.

Need to move from AZ to Oregon once job postings are available in Oregon. Need to apply and get hired again. This is a good way to eliminate jobs.

Waiting on an offer for a new job? Any heard of another VSP, so I can leave happy.

is not Intel...https://finance.yahoo.com/news/buffett-taiwan-semiconductor-is-one-of-the-best-managed-and-most-important-companies-in-the-world-173016874.html Billionaire investor Warren Buffett said a lot by not complimenting US semiconductor makers... — read more 

It's coming.

While interviewing for a job in Colorado, I drove by an Intel facility in FT Collins? Any idea what they do?

I've sneaked upon and saw my manager take a loot full of stationery items ( pens , pencils, notebooks etc. ) from the office inventory. Should I report it ?

Managers are given from 100-300 percent range to give RSU amount. Something like top 10% can get 300% of baseline. I know layoffs are in progress I shared for those who survive this round.

Sad what it has come to

This is not looking good at all https://www.statesman.com/story/news/2023/05/11/intel-layoffs-austin-office-sale/70204256007/

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Will they be laying off anyone who works close to the wafers?

Of course, I'm not happy that some people will lose their jobs in this economy, however, realistically, many people here are having to pretend to be doing something because they have almost nothing to do. For me, not having enough work has long... — read more 

These are tough times having high inflation, layoffs, etc. Stay strong, hopefully good days are coming

PayPal is down more than 12% today. The company lost 2M active accounts after it tried to police the speech of its customers. Many left in disgust. Many more pulled money out and left a few dollars in zombie accounts. Pray to God that the man has no... — read more 

Intel’s destined was sealed years ago. There was a small chance with the right leader and right vision something real and good could emerge at the end. But now with IDM and IFS to to the death the ending is all but certain. Take care of yourself... — read more 

Here's another favourite! Since MGMT is requiring RTO, I say when you see a problem, just don't, "notice," it for a few hours. It may cost millions...Make it COST MGMT for forcing this upon us! It WILL have costs! ;) Thanks A$$holes!

They created a very tense atmosphere, the anxiety is astronomical. Do they even realize that in such conditions the performance goes down drastically?

When will the layoffs start? Any word, please share.

I'm viewing YT close to 6 hrs on office laptop. Should I be worried ? Do managers or IT have some sort of browser tracking app or something ?

The title of their article is: Spectre of layoffs looms over Intel following dismal sales The blurb underneath? Shareholders gotta get their dividends somehow, right? Telling it like it is. We could do without layoffs and try to get our earnings up... — read more 

“These are difficult decisions, and we are committed to treating impacted employees with dignity and respect,” Intel said. Yeah, I call BS on that one.

How is the situation in Folsom?

Today I heard two of my colleagues moved to CPM. It looks planning and selection was done a while back and announcement a few days back

As mentioned in February, the end of March was only the first round of layoffs. We're now deep in round 2, this round will be larger, harsher and much less transparent. Additional rounds will follow in Q3 and Q4 as Intel opted for the slow, piecemeal... — read more 

My group saves millions for the company each quarter, but almost never meets the metric given (IYKYK). I bet we’ll all get wiped out since we don’t manufacture or help manufacture wafers. Management is a joke, same as the C-level execs. Too... — read more 

If they cared about their employees at all, I guess they would be at least be a little more transparent about layoffs. Why so little transparency? Do they think that it will save their reputation from further deterioration?