Topics regarding layoffs at Intel Corp.

Topics regarding layoffs at Intel Corp.

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AMD is hiring

https://www.amd.com/en/corporate/careers

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| 1220 views | | 1 reply (October 19, 2022)
Post ID: @OP+1jhZCdTt

Layoff Update

I heard BUs are given their remaining 2022 and 2023 budget. Spending cannot go higher than that. Teams decide what percentage to adjust or have no layoffs. It all depends on your team and project you are working.

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| 3460 views | | 4 replies (last October 18, 2022)
Post ID: @OP+1jg025J6

Managers asked for ratings

Managers in TD have been asked for ratings of their reports. Multiple criteria being discussed.

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| 3580 views | | 9 replies (last October 19, 2022)
Post ID: @OP+1jghk0bB

They don't care about long term growth

Unfortunately, many employees that this company needs very much will probably be cut. My opinion is that this short-term cost cutting will be at the expense of long-term growth. On the other hand, I wonder if the leadership is even thinking about... — read more 

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| 1901 views | | 8 replies (last October 19, 2022)
Post ID: @OP+1jgnJtwt

Are we a family indeed??

For the last few weeks after the leak and to continue roughly for another two weeks, we are in a boiler plate. Maybe most of us are still WFH, or else Intel Corridors would be looking like everyone looking at everyone else with suspicion. Who will... — read more 

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| 1820 views | | 7 replies (last October 19, 2022)
Post ID: @OP+1jgAJvJ2

Intel and the $1.5T chip industry meltdown

https://archive.ph/GpPCN Intel is really REALLY bad at capital allocation. In other news mobileye is valued at 16B sharply down from Intel’s 50B estimate a few months ago.

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| 862 views | | no replies yet
Post ID: @OP+1jgmQ5Bp

Layoffs are nothing new

Intel has been doing quarterly "rolling layoffs" since Q1 '13. They're quiet layoffs that normally affect several dozen people per BU and are spread out over a few Groups & Super-Groups. This right here. Just because you haven't been hearing about... — read more 

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| 1243 views | | 2 replies (last October 19, 2022)
Post ID: @OP+1jgYagKj

Decimation

The English word "decimation" comes from the Roman Legions. If they fought poorly, lots were drawn (short stick) so 1 in 10 was chosen for decimation. The other nine were ordered to ki-l the tenth. That's decimation. There was no term for 20%... — read more 

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| 1050 views | | no replies yet
Post ID: @OP+1jgUiID9

Ireland operation

Anyone know what to expect? It could be less impacted due it's a manufacturing site.

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| 1373 views | | 4 replies (last October 18, 2022)
Post ID: @OP+1jgcDPPF

Negotiating package - Germany

I have a strong feeling I will be fired. My manager told me that his manager asked for my insights and told me if anyone from my team will be fired it will be you. So my question is how should I negotiate the package? is it negotiable at all or not? — read more 

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| 2910 views | | 6 replies (last January 15, 2023)
Post ID: @OP+1jgJCW2i

Stop guessing, it’s useless

Stopping guessing. Just assume you will get impacted. It’s not end of world. Take a break, then start hurting for a new job. People change their jobs all the time. True that Intel should let us know ASAP. But the reality is HR is not doing its job... — read more 

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| 1682 views | | 2 replies (last October 18, 2022)
Post ID: @OP+1jgYJYWs

Cost Cutting - Interview Level Math

I wonder if we can make a rough estimate on the savings by calculating on savings through human resources. I assume roughly there are at least 1000+ vp and upper level in the company worldwide. If I look at compensation. In stocks granted every year... — read more 

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| 1290 views | | no replies yet
Post ID: @OP+1jgTtlF9

Lack of transparency

Is anybody else annoyed by the lack of concrete information coming from the top about layoffs? They barely communicated anything to us on the subject so far and even that isn't even remotely helpful in figuring out what is coming. I'm more upset at... — read more 

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| 1710 views | | 4 replies (last October 19, 2022)
Post ID: @OP+1jg9L3WB

No more free food

I wonder how much money Intel could have saved by removing this benefit soon as the carpet dwellers and pot belly Engineers came back to the buildings. We could have probably saved some jobs and prevented these people from digging their own graves... — read more 

Correlation of Layoffs with Insights Review

Anyone have remote idea how the performance ratings in Insights correlate to being important in the company?. The insights FAQ says , it has no connection , but that is very fishy. If a person is on Track for all last quarters compared to one who... — read more 

Foundry Only

Intel will likely be a foundry only company in twenty years

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| 1310 views | | 3 replies (last October 18, 2022)
Post ID: @OP+1jfwrciM

MLID hints at large layoffs at Intel

https://m.youtube.com/watch?v=IpkGYTypOyc He says the number will be around the size of all AMD employees (around 15K). Some underperforming business groups to be affected the most (GPU?)

Cuts were somewhat expected

It wasn't long ago when the company reported record profits and now this... However, I'm not surprised at all. It would be a surprise if there were no big cuts every few years.

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| 1070 views | | no replies yet
Post ID: @OP+1jf2ETqq

There's still hope for younger generations

Gen Z and millennials are reframing layoffs, stripping away the shame and pointing the finger of blame at the company that let them go What employers may not have counted on is their younger workers taking to TikTok to document the highs and lows... — read more 

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| 1275 views | | 1 reply (October 17, 2022)
Post ID: @OP+1jfarG5G

Does Intel apply Last in first out?

Lot of software engineers joined recently the company, I'm one myself. Given that I started on September and still on probation period, am I already a goner? or I still have some chances somehow?

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| 1950 views | | 4 replies (last October 18, 2022)
Post ID: @OP+1jfHoS94

The reputation will suffer

If the company somehow managed to regain its reputation after big cuts in the past, I don't think it will be so easy in the future. How will they be able to recover after these cuts? I think that Intel won't be the first option for those... — read more 

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| 1400 views | | 5 replies (last October 17, 2022)
Post ID: @OP+1jfsiQe7

The most important reason for the cuts

I read some media articles in which PC slowdown is highlighted as the biggest reason for the cuts, and I know that there are people who really believe that this is the most important reason for laying off a huge number of employees. Personally, I... — read more 

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| 2050 views | | 4 replies (last October 18, 2022)
Post ID: @OP+1jfiN66z

All of Pat's failures

Great hopes when Pat took over, but it's been pretty abysmal since. Implement OKRs, but tie it to compensation, which is specifically warned against and counter productive. Hasn't gotten rid of the 'insights' woke review methodology. Still... — read more 

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| 2120 views | | 6 replies (last October 18, 2022)
Post ID: @OP+1jfKLSVp

No one’s safe. Get a set of ba--s

Tired of seeing am I safe posts. Phd, new grad, RCG. Look, no job is guaranteed. It’s their job not yours. If you’re worried, update your resume, create your linked in profile. Grab a hold of your ball sack, realize that their there. Then go on with... — read more 

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| 2300 views | | 9 replies (last October 18, 2022)
Post ID: @OP+1jf8TWXp

Could my manager know already?

He's been acting strange since the announcement (mostly staying clear of everybody, which is not his usual behavior) and I didn't think much of it. But after having the weekend to worry about the future and mull things over, now I think he might... — read more 

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