Intel prefers to keep us until the last minute. The fact that they will eventually dump us at a moment that is most inconvenient for us is of no interest to this company in the least. It's just business. Those who think that they are something... — read more
Don't quit!
That's what they want you to do. That's what this prolonged waiting period is all about. The goal is to get enough people stressed enough that they decide it's not worth waiting it out. Please don't play into their hand. Don't do them any favors. You... — read more
OLD WINE IN NEW BOTTTLE
The way Pat and his goons are handling the layoffs this time, it seems like they are the good Lords and Samaritans (in comparison to BK's 2016 ACT), who are trying to provide respect, togetherness and empathy. Facts cannot be more venomous. They... — read more
GSEM Layoff : Obvious horrendous planning and execution
GSEM has announced 20% headcount reduction. The best part is that after hiring 400 people in just last quarter, they are planning to layoff 400 people by this year based on critical skill matrix (CSM). Thank God the CSM is not applicable to VP... — read more
Let's start a betting pool
I say the layoffs will start on December 20. It's a Tuesday, the usual "layoffs day" and it's a few days before Christmas to impact maximum pain on those who are affected. Yes, that's how low my opinion is of this leadership that I genuinely believe... — read more
This is turning into a joke
Cisco is having major layoffs. It looks like everybody will have layoffs before us and we were the first ones to find out about a major round coming. While we wait, everybody else will find employment and leave us with nothing. Tell me how is this... — read more
Is XEG safe
Is XEG Xeon team safe?
Folsom site
Are they planning to restructure Folsom site by selling or leasing? I see not much activity as people working hybrid model
Any news on NDTM-SK 2nd phase?
Anyone knows what’s happening for 2nd phase NSG groups. Any layoffs expected?
Salvation
Would one be able to survive job cuts if if he or she was able to work 12 to 14 hours on weekdays and perhaps 5 hours on weekends and this miraculously made them a vital member of the team, protecting them from layoffs in the near term? What do you... — read more
Many open tech positions in other industries
There are many open tech positions in other industries that these companies cannot fill... Unfortunately, these jobs imply a 20-30% decrease in compensation, but now I would rather choose a little more job security and less stress, than to stay... — read more
DEG re-org
Has anyone seen the email from SW and NS this morning? Care to explain how this "re-org" will help bring in efficiencies?
Oops, Intel Corp must pay VLSI Technology LLC $948.8M for patent infringement
Intel's chips cause "millions and millions of infringements per second“ according to a VLSI attorney. That’s an interesting way to put it, who’s their attorney, Saul Goodman? VLSI is still pursuing two other patent infringement cases against... — read more
OTF is safe!
Retirements (early) and natural attrition to prevent any layoffs!
CPM Germany Package
What does the package include for Germany? Is it only 1 month salary per year of service or more can be expected after work council negotiations?
What are we waiting for ?
Meta , Amazon , Twitter slashing positions like there's no tomorrow
AWOL
Would going AWOL automatically qualify you to get on the CPM list?
Why Intel is failing
I've seen it over and over again: a company starts out as a place where employees feel appreciated, where they can learn new skills, and where there is a sense of unity. Then something happens—it could be an economic downturn or a change in... — read more
new to intel
How is annual perf review process at intel? How many years take to go from grade 7 to 8 with phd?
How are we going to reduce cost 10B
I’m interested to hear opinions how intel will reduce cost by 10B
Critical skill matrix (csm)
Talk to me about csm. What skills will they measure employees on and how will it be used to decide who should be let go ?
Leaving the tech industry
Although it is not easy for me to make that decision, I am now seriously thinking about leaving the tech industry. There are many reasons for this. I wonder how many of us are thinking about leaving our careers in tech?
Would Internships ever get canceled?
In previous times of layoffs has intel ever canceled already signed intern offers for the summer? I know no one knows what will happen this time but just wondering if this has ever happened before.
Tower acquisition is c'est la vie
IFS really needs Tower for any credibility, forget the fact IFS still won’t have scale or leadership technology. But Tower will never make it into the Intel... — read more
Another place AMD kicking Intel
https://www.fudzilla.com/news/55828-amd-is-the-supercomputer-king
By the time we have layoffs, all the jobs will be gone
Think about it. There are currently tens of thousands of seasoned engineers looking for new positions due to major layoffs happening in a huge number of tech companies. Anything good will be easily filled, and the companies that are still looking for... — read more
Buffett's Berkshire discloses $4.1 bln TSMC stake
No INTC in Buffett’s portfolio. Lol, smart man. https://www.reuters.com/markets/deals/buffetts-berkshire-discloses-big-taiwan-semi-stake-2022-11-14/
Not so long ago, the job market was hot
I thought that the job market would be hot for a while, but the tech bubble during the pandemic has now popped. Instead of hiring, we have synchronized mass layoffs and everyone is talking about global recession. I am most interested in whether after... — read more
Possible mass layoffs at Amazon
The New York Times is reporting that Amazon is planning on laying off as many as 10,000 employees starting this week, the largest in the company's history. Mass layoffs at Intel, Meta, Microsoft, and now Amazon. Bad news all around for the tech... — read more
Years of service for layoff package
Joined Intel in 2014, left in 2018 and joined back in 2019. Is my previous stint from 2014-2018 included in years of service for layoff package calculation?
DEG safe?
Will core cpu teams get laid off, thoughts?
AXG anyone?
Anyone had any news about AXG? We've only heard we're going to be later than other orgs.
The coming week
What are the chances layoffs will start this coming week? The longer they keep putting it off, the closer we're getting to the holiday season. What are they going to do, get rid of everybody two days before Christmas? I think Intel management sucks... — read more
PG on shopping spree
While you were waiting on layoff packages Intel CEO Pat Gelsinger recently has been buying up shares of the chip giant that he helms, but he has spent far more for shares of recently spun-off Mobileye , which is developing autonomous driving... — read more
I volunteered….
Ok so I put my name in the list. What are the odds they will say no and make me stay? I’d like to start planning my next steps and get a job lined up.
Top 10 reasons Intel can't kick start layoffs
Oh craaaap, this is going to cost us
Intel capital and m&a groups?
Are we safe? Didn’t hear about cuts to these areas. Whew
Is RCG safe?
I only graduated from school for several months. If I get fired, it is extremely hard for me to find another job, since my working experience is tooo short. Sad...