Rumors in the air about layoffs are flooding the mood here, does anyone knows if Intel is offering severance agreements for the layoffs?

https://www.engadget.com/2019/04/26/intel-is-trying-to-sell-its-smartphone-modem-business/

10nm ramps and what happens, outlook drops. Can’t flog 14nm against an Epyc Ryzen on 7nm and thus big cost squeeze is a coming as 10nm failure begins to give like it was predicted

https://www.bizjournals.com/sanjose/news/2019/04/25/intel-autonomous-driving-lab-layoffs-mobileye.html?ana=yahoo&yptr=yahoo

Interesting how AMD is receiving more mileage - https://wccftech.com/amd-epyc-server-cpu-7nm-market-share-2020-report/

https://semiaccurate.com/2019/04/18/why-did-intel-k--l-of-their-modem-program/

.. this sounds a weak statement. Mobile drives the 5G show. Together with 10nm delays and general softening, doesn't sound much has changed

laid off or shuffled to IoT/WLAN?

Will it be shut down? I guess they weren't the leaders they made out to be. With the abrupt 5G decisions by Intel, 8060 and 8160 teams need closure, site closure.

It's just a matter of time. Anyone heard in rumors?

As Intel decided to exist 5G modem business (at least related to smartphones), I would imagine massive job cuts to follow especially across iCDG sites...

Intel Corp, which had been Apple’s sole iPhone chip supplier for the past year amid intensifying conflict with Qualcomm, said hours after the settlement was announced that it would exit the modem chip business. After hiring hundreds of people from... — read more 

With recent 5G modem exit - Get ready for layoffs. It may happen by 1-month. All those good old days of trip are over. Started preparing!!

https://www.cnbc.com/2019/04/16/intel-announces-plans-to-pull-out-of-5g-smartphone-market.html

No BS, just honest insights.

https://www.statesmanjournal.com/story/money/business/2019/03/29/layoffs-hit-oregon-intel-locations/3315751002/

https://m.cpubenchmark.net/market_share.html

Interested to hear thoughts on new CFO hire? Did we get the right guy?

I hear hundreds were axed to make room for young college graduates as part of intels continued assault on older employees.

They have all the PowerPoints you could ever desire but still no chip

Brace for impact, the guy has done nothing but fail at Qualcomm and Applied Materials. Expect a cut in benefits, a lot of short term financial maneuvers to drive exec compensation, poor results, layoffs, poor employee morale, lower stock price, debt... — read more 

Cut cost wave from Qualcomm to Intel

They always hated IT. F'em, may the data centers meltdown with contractor incompetency.

Thousands will be mercilessly kicked to the curb.

What's going on?, no posts about the layoffs going on in Penang and Costa Rica?, and most likely other sites too?

https://www.yahoo.com/finance/news/intel-lays-off-hundreds-tech-225218782.html

"This week’s layoffs appear to be Intel’s biggest cutbacks since 2016, when the company eliminated 15,000 jobs across the company through layoffs, buyouts and early retirement offers."... — read more 

"This week’s layoffs appear to be Intel’s biggest cutbacks since 2016, when the company eliminated 15,000 jobs across the company through layoffs, buyouts and early retirement offers."... — read more 

I heard there were layoffs happening in IT right now (March 2019)? Is this rumor true?

How many people impacted?

Sh!t ! https://finance.yahoo.com/m/18a55993-9f6a-33cd-9602-dec1f475a40c/intel-board-extends.html