I started a few months ago on F1 OPT, am i doomed?
These cuts will further encourage attrition.
If I survive these cuts, in any case, I will try to get out of here as soon as possible. What can those who survive expect other than a double workload, shorter deadlines, greater pressure and assurances from the management that they should be... — read more
It may be a bit awkward situation, but...
Most of all, I would like to have a sincere conversation with my manager to express my concerns, that is, ask him if I might lose my job so I can take action. Maybe someone has already done that?
What's the best acronym for this round?
PO had SET up the company for success. BK has ACT'ed with the best intention. What would PG be remembered for?
Experiencing high anxiety levels?
I don't know why, but I've never been more anxious than now that these cuts are around the corner. Also I have never been less productive. I barely manage to concentrate on my work. On the other hand, I think that getting laid off, despite... — read more
This is why everybody should look to change industries when job hunting
Layoffs.fyi reports that 703 startups have cut at least 92,558 jobs since January 1, 2022. Layoffs are occurring in the tech sector and in the real estate industry, two of the sectors most impacted by the Federal Reserve’s decision to increase... — read more
10 years in Intel Germany
For 10 years in Intel Germany what package can I expect if I am on the list?
Layoff mechanics will be even more brutal than ACT
You will get a 1:1 set up with your manager sometime next week. HR rep will also be in attendance, you will be given your severance terms (max. 2 months payout), your badge will be taken and you will then be immediately escorted out of the building... — read more
My 1:1 was pulled in
Last night, my manager just pulled in our 1:1 from Friday to later today. My fear level just spiked. I’m thinking it will be waves. First level managers fire their teams, then second level managers fire first level managers, etc. All to be completed... — read more
Intel leadership has been dropping the ball for decades
Intel leadership has been dropping the ball for at least the last 20-years which has allowed the competition to not only catch up, but take the lead in several markets. For example: AMD was first to market with a 64-bit desktop CPU in 2003... — read more
I'm done worrying
Que sera, sera and all that jazz. Letting us stress over this until the first week of November was a di-k move but there's nothing any of us can do about it now. Maybe they're hoping some of us will quit due to stress. If that's true, I refuse to... — read more
So when are these layoffs starting ?
Almost November now and I am wondering if layoffs will start after Thanksgiving or after the Christmas holidays . Just want to know if any of my holidays will be ruined or if 2023 is when I should start looking elsewhere after I collect a severance ... — read more
What is the latest ?
What is the latest update on groups impacted ? Roles impacted ? Business / Products impacted ? Is it going to be mostly sales / marketing ?
Peace of mind is more valuable than severance
I decided to accept a solid offer I received and not wait here for the package. Severance would have been nice, but the peace of mind of not constantly worrying about the next cuts is priceless. I absolutely understand all those who, despite... — read more
Poor planning
We are all witnesses of very bad planning, which of course has disastrous consequences for the company. However, the consequences of this bad planning are never felt by those who should, but by the employees. Will our so-called leadership ever take... — read more
Top thread today
@OP+1jmKm0lm or https://www.thelayoff.com/t/1jmKm0lm
Layoffs starting next week
WW47-48 cuts will start. Including FAB employees due to low demends for chip
How is everybody doing today?
Guys, only brighter future is waiting for you. Hang in there for now. I promise you that you will do better if Intel plays stupid and lay you off. I went through the same thing back in 2015 and it was absolutely the best thing that has happened to... — read more
Nothing can save Intel
Intel’s Mobileye IPO is not shaping up to be the shot in the arm its parent company needs. Last December, Intel made known its intent to take Mobileye public by mid-2022. However, the plans were repeatedly delayed due to volatile market... — read more
Promo
Does anyone know on what circumstances people get out of cycle promo? Asking in general when economy is doing well. What is expected in the out of cycle promo?
Why some suggest salary cut for everyone?
We should follow industry norm. Have you seen FANNG do salary cut? If not maybe not popular strategy. This is good in start up environment.
Next April
considering current economy and inflation, how will salary changes will look like next year? is there going to be a raise matching inflation? has there been a year intel did not give a raise at all?
Timeline coming up next week
Next Thursday the earnings report will be announced and right after the earnings report. PG will meet with employees. He most likely will go on to say we are facing financial challenges and need to reduce expenses blah blah blah and will go on to say... — read more
DO NOT download proprietary data
first, it may be illegal. second, there's nothing worth taking.
Intel CEO Advocates Making Space For Religion In Silicon Valley
Intel Chief Executive Officer Pat Gelsinger ’85 urged corporations in Silicon Valley to place more emphasis on facilitating safe spaces for religion at work during “The Role of Faith in Business in Silicon Valley,” a speaker event held... — read more
Where are you all hiding?
Not one person I know is happy about layoffs and nobody is looking forward to being laid off. Not a single soul. Yet I keep reading on this forum about people who can't wait for severance and would even volunteer if there was a chance. If this is... — read more
Posts that don't make sense
Advice to employees - Save your breath, too darned late if anyone waits for your advice Advice to company - Unless you're in Stockholm why care about some company that doesn't care about you? Besides, like "the company" is gonna take your... — read more
Only the Paranoid Survive
Don’t let the same people who irresponsibly hired 20K people in ONE QUARTER decide whether or not your family has food on the table for the holidays. Take life into your own hands - even if you think your personal chances of being layed off are... — read more
Leadership Action and DUI
I think only DUI can be compared to what the leadership did over the last year whose consequences will be reverberated across thousands of families. Any reasonable company when they sense a cost to spend issue, immediately stops or freezes hiring ... — read more
Resilt of lack of vision, focus, and planning with gross negligence.
Just after PG became CEO in 2021, he started saying that our a) best days are to come b) across the isle and all depts they raised salaries, c) raised stock grants across the board and d) have hired close to 25K just from 2021 -2022. So that means... — read more
Are Layoffs the answer
If you look back across companies that made a comeback layoffs were never really behind or important to the revival of the company. If you look back SET and ACT wet similar, neither changed the companies trajectory and upon reflection destroyed the... — read more
Intel is actively hiring NCGs
Been looking for new positions, so, I'm on LinkedIn again. I have a bunch of intel recruiters on my connections from my first time job searching. All of them are hiring NCGs from bachelor's to PhDs. About a 1000 open positions on LinkedIn. Mostly for... — read more
WorldWide BB Headcount is 141K ..
Based on 141K, how many will be impacted? 10% chop = 14K 20% chop = 28K. Assume this round is somewhere in between.
The END
The End is closing on some you pretty fast. It's not like you didn't know this is coming but you decided to stick around and as always told yourself, it's not going to be me. Do you still think Intel is the great place to work? Stable company that... — read more
Elon Musk for CEO
He’s the only one that can save Intel He’s cutting 75% of Twitter staff. Imagine what he could do for us!
iVE Layoffs
Any rumors affecting the team there?
Temporary Dip in Chips
No one should underestimate the only company with massive US based manufacturing. The topmost technology icon will be back.
The ROC needs to be the first to go
Their GL’s do literal nothing other than graphic design and cause their own HR issues. The techs click buttons for the sake of middle management reporting, but have no true impact on keeping this mf running