Got a large group of depressed Pelican seeds here at Intel New Mexico who were told they may be going back home soon in July with no jobs if the Penang factory falls through the cracks. What's the latest news on that site?

At least at Ronler. Mgmt gets flattened and some percentage around 20 get notified. Enjoy the holiday weekend, but the real fireworks start right after it. Not a troll. Seriously. 25+ year 'close to the wafer' vet.

Between the cuts, AI, potential spinoffs, offshoring, and outsourcing, it feels like soon there'll be no one left but the C-suite, and a handful of people kept around as props.

I actually have to do work now instead of repackaging other people’s work into fancy slide decks.

They will be using DHL and Accenture. Crazy.

Why am I seeing LinkedIn posts of people who're celebrating joining Intel?

If the goal is to push people out through constant uncertainty and scare tactics, then congratulations, it’s working. I’ve already started looking, and the next time something even halfway decent comes along, I’m taking it. I’m not hanging around... — read more 

Given he ran Vmware into the ground as well, guy would be hiding in a bunker. Is there a mental health test as part of CxO recruiting? https://wccftech.com/intel-ousted-ceo-pat-gelsinger-says-he-wasnt-allowed-to-finish-what-he-started/amp/

Probably a repeat topic. My manager told me no packages to be given this time. Has anyone else heard it?

I'm not an Intel employee but we've been dealing with similar layoff issues lately and I sometimes check this page as well. I'm just trying to figure out if I got something right: Intel will not offer severance to a good part of employees who are... — read more 

https://companiesmarketcap.com/semiconductors/largest-semiconductor-companies-by-market-cap/ Take that Tokyo Electron!

This a joke. Stop all construction ASAP.

Intel Gaudi. Designed by another company and built at another company. Do we think we can survive like this? We can’t afford to buy another company every time we are expected to innovate.

Any idea what the headcount reduction numbers would be?

POP MART can just sell silly toys and create an over $1.8B market. Why not outsource the marketing to them?

This is what happens when private equity takes over a company. I recently read that Intel is not offering severance of any kind on the current layoffs. I left in 2015 after 25 years. Intel gave me a full year salary, 18 months health insurance etc. I... — read more 

Is it id--tic to layoff good talent when you have the $, just to hit a specific number of employees? The ringmaster at the circus operates this way. Clown show?

How? Does this mean intel is offering 60 days of severance to avoid submitting a WARN notice?

Microsoft is going through thousands of layoffs right now too and their site isn't any where near as negative as Intel. https://www.thelayoff.com/microsoft

Reliable source said that "there will be massive external customers till 2027 for 18A/14A." Pat's strategy still works. All we need to do is to survive till 2027.

Since apparently there will be no more ROC, what's happening with all the people? Seems like a ton of people to let go.

have an offer from competitor. if i sign their offer, can i simply give a 2 week notice or will i be walked out immediately once i put in my notice?

https://www.tomshardware.com/tech-industry/semiconductors/power-utility-built-usd95-million-500-megawatt-power-substation-for-intels-usd100-billion-ohio-fab-but-six-year-delay-leaves-substation-capable-of-powering-500-000-homes-idle

Is this true?

New Intel entries: Intel Corporation - RNB Layoff Permanent 76 Intel Corporation - SC-9 Layoff Permanent 2 Intel Corporation - SC-11 Layoff Permanent 3 Intel Corporation - SC-12 Layoff Permanent 26 All listed as effective 7/15 Obviously, this... — read more 

Entire Intel Automotive division got publicly executed on Circuit. NEX is next.

...

If that's where they decide to cut, I'm all for it. We don't need this many layers of managers, realistically. And we certainly don't need people who'll show up once in a while in a supposed problem-solving mode just to tell us to "communicate... — read more 

What song describes Intel ?

I’m like the vast majority of us - an average coder with average skills, just trying to get through the day. I want to come in, do my part, and go home. But I can’t take the tension anymore. It’s been dragging on for so long, and I still don’t know... — read more 

4 weeks of pay + 1.5 weeks of pay for each full year of service. Not to exceed 47 weeks. Pay in lieu of time in Redeployment 9 weeks Additional Separation Bonus 8 weeks Capstone Bonus Eligibility: Non-Exempt - Grade 6 $10,000 APB Payment: APB... — read more 

Thought I posted this yesterday maybe it was deleted. If you got hit this cycle what did you get for your package

Heard that SK will be booted out soon with a new re-org. Is it true?