Topics regarding layoffs at Intel Corp.

Topics regarding layoffs at Intel Corp.

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 

grafix

Is RK's AXG going to be cut? We just released the first Discrete GPU which was well reviewed. And graphics is very important. (Our RTL teams are already short staffed and the cuts will be too bad if it happens)

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| 1740 views | | 5 replies (last October 17, 2022)
Post ID: @OP+1jfrRLVX

Orgs are given their budget limits for next year

This will drive the amount of HC each org needs to cut. Some will cut as little as 3-4% others as deep as 20-25%. Each org is tasked to determine their own number of headcount based on their budget. Pat won’t tell orgs how many employees to cut or... — read more 

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| 2903 views | | 4 replies (last October 17, 2022)
Post ID: @OP+1jfYTxL4

Drones

What’s the latest on Intel drones. Haven’t seen them in test runs lately.

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| 1320 views | | 5 replies (last October 17, 2022)
Post ID: @OP+1jfSeH8h

Press coverage

Press is pretty brutal on Intel at the moment (rightfully so) - the company is doing a lot to try and re-build a brand with the younger generations, but millennials and gen-z see right through the capitalist BS - the whole “secure billions in... — read more 

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| 1780 views | | 4 replies (last October 17, 2022)
Post ID: @OP+1jeb8wEi

Layoff Risk Calculus

Seen a few people take a swing at this - based on my experience both with Intel and other companies as well as what I’ve heard from those in the know, here is mine: Start with 0% - congrats, you’re safe! Add 5% because it’s Intel and they have... — read more 

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| 3580 views | | 9 replies (last October 17, 2022)
Post ID: @OP+1je4i9UB

how can you run a foundry with no foundry experience?

Pat was unable to find a single executive in Taiwan who was willing to join IFS? IFS is just a completely clueless bunch of people who neither know how intel/td operates, nor do they know how a foundry operates.

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| 2170 views | | 9 replies (last October 17, 2022)
Post ID: @OP+1jeuuwV0

Come on

If you are talented enough, you should've found a better place by now. If you are not, you should be salivating for the cushy package like the Pavlovian dog. Even if you got a C in your algorithm class, you should have expected that Workday (HR... — read more 

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| 4510 views | | 9 replies (last October 17, 2022)
Post ID: @OP+1je2eHCN

DEG layoff

Anyone has any insight if there’s layoff in DEG?

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| 1793 views | | 1 reply (October 17, 2022)
Post ID: @OP+1jdrbSDY

All hand meeting on Nov 1st

All hand meeting on Nov 1st was mentioned but didn't see anything about it yet. Should I be worried?

If I complied...

and got the jab in order save their job, even though i didn't want it, am I immune from being laid off? Would they still lay me off after I/we were tricked into getting the shot?

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| 1850 views | | 4 replies (last October 18, 2022)
Post ID: @OP+1jdUDODp

PSG is safe

If you are in PSG, just exit this place, your are safe…relax, focus on your execution and enjoy your life…

Zoom me?

You guys remember that young CEO of Better.com Vishal Garg that laid off 900 of his employees using Zoom? What if Intel is planning the same otherwise processing exit interview for 20 to 30K employees will take months. This needs to be done quickly... — read more 

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| 2330 views | | 6 replies (last October 16, 2022)
Post ID: @OP+1jdVcaem

How big a layoff is required?

Either take revenue per employee or profit per employee and compare to AMD, Nvidia, Qualcomm, and TSMC. Eye popping isn’t it, will they really ACT?

Why not pay cuts before layoffs?

I don’t think my group will be affected by layoffs, but I still don’t understand why bonuses, pay, and other expenses aren’t cut before people.

The FUBAR that I have always predicted

The list of failures is decades long and the larger undercurrents of why they failed tell it all. It all starts with the BoD and Andy Bryant. Never any real strategic thinkers or people in technology that allowed Paul, BK, Bob, and now Pat to dilly... — read more 

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| 315 views | | no replies yet
Post ID: @OP+1jcLDtQV

Layoff shouldn’t be a surprise

I’ve been at Intel for 4 years and it wasn’t a question of if there would be layoffs in 2022, but really a question of when. Y’all are trolling to think it wasn’t coming. As an engineer, I’m definitely looking forward to reversing some of the poor... — read more 

Mistakes keep repeating

After the big layoffs in 2016, the company employed too many people when the situation started to improve, without realizing that it was employing too many people. Then the cuts happen again. Just as Intel's approach to layoffs is wrong, the... — read more 

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| 2160 views | | 3 replies (last October 16, 2022)
Post ID: @OP+1jcp6DZt

Break up

I have a hunch that Mfg. and design will be separated. Announcement during quarterly Yes, No? They have to do something to stop the stock from going to ZERO

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| 2330 views | | 7 replies (last October 17, 2022)
Post ID: @OP+1jcEkYzr

Whatever happens, I'm prepared

All we can do at this point is prepare for any possible outcome the best we can. I know that for many this is a scary period, but in the end, all of us will be okay. I was laid off before and when it happened I thought my world had ended. I ended up... — read more 

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| 2480 views | | 7 replies (last October 16, 2022)
Post ID: @OP+1jcEztk3

Pat addresses layoff rumors

Main circuit article today morning. He talks about targeted actions!! That is not even diplomatic or dignified enough. How is Intel going to target employees for layoffs?

Chips Act

One could ask; with the billions of dollars from the Chips Act, why is Intel now laying people off?

Complete disregard

Just watched Cristoph address SMG regarding the layoffs. He seemed genuinely more upset about the press coverage than the fact he's firing thousands of people. I haven't worked here for long, but that really made an impression on me. I hope to stay... — read more 

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| 2344 views | | 3 replies (last October 15, 2022)
Post ID: @OP+1jc4VQvz

If lp and rk still have jobs after this

You’ll know they’re not serious about turning the company around and just want to get rid of high cost geo workers. He-l all of FM should be let go and moved to Gdańsk.

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