Looks like Qualcomm is struggling too. We have limited time left to decide on that VSP thing. Thank you for sharing your view.
Intel please offer VSP to all of your employees.
I have heard from more than 10 Intel people now that they wished they were offered VSP's. I believe some of the people who have been offered VSP's are working their assoff because they are in critical projects. Whereas I see people who are not... — read more
Ron b a d g e t t
A--hole neighbor when's he's getting the boot
Qualcomm is going to start up a new fab in Phx, something to do with core panels?
Is this true anyone hear about it?
Any known risk turning down an ERP?
A friend of mine was offered the ERP. And we know that the ERP was a numbers game, YOS plus age > 75 and it went to you. My friend is not in a financial position to take it. Is there any perceived risk by not taking it? Me, I would take it and run... — read more
Which one of you morons posted this in the Qualcomm section?
https://www.thelayoff.com/t/Huj4Mch Lol. You think it's better at Intel? Need we remind you guys that you guys now have Murthy and a lot of former ineffective Qualcommer's? Lol, the joke is on you. Don't worry, rest assured, that not only is intel... — read more
The last time Intel pulled back, it cost them the top spot in the CPU space
...and this pull back by the fools Andy Bryant and BK will cost Intel like they've never seen. The 97 pull back cost Intel badly for the next 5 years. Intel hasn't a sense of direction or who they are anymore. Chasing high margins all these years is... — read more
Doom and gloom for Intel
Not likely. I survived the dot Com crash lay offs at intel. Otellinis 2005 layoffs and now 2 more. Grip and complain about h1b but intel needed to cut back. And to be honest some workers just sucked. Sometimes you are the a list actor you think you... — read more
ACT efficiency phase
Manager mentioned that HR is rolling out ACT efficiency phase training for managers in affected groups but she won't know details till next week. Sounds like new hatchet job. Any more info?
[50 years after Moore's Law]: Krzanich's Law - Every fiscal year to let go 11% of INTEL employees to have/make company raise 11% of the profits!
Short name for the Law: Eleven Eleven. Every similarity with Seven Eleven is just a pure coincidence. Interesting Law... I am asking myself, how long Krzanich's Law will last? 10 years? 20 years? 100 years? Or till INTEL existence seize?! Anybody... — read more
For you oldsters - Intel is Boog Powell - read to see my POV
I think that one thing that is lost on everyone is not the layoffs or Intel's incompetent management, but our basic philosophy and the philosophy of much of American High Tech. In the 60s every baseball team had a Boog Powell; the guy who struck out... — read more
Did anyone receive emails from Qualcomm HR?
I received an email "your profile looks like a good match for open reqs here contact me directly to expedite your app process". Not affected by VSP or ISP this round but who knows next year..
10nm and 7nm need more people?
Looks like someone else got 10nm already out and working. Interesting times at Intel, going to be busy time in Hillsboro, how can they afford to lose anyone with the state of things and so many projects to do. Apple has gone all in on the 7nm too... — read more
Received an Appeal Decision?
If you've received an appeal decision: How did Intel notify you? (Phone? Email? Snail Mail? Carrier pigeon?) What was the result? (Denied? Successful? Referred for ODI?)
Murthy offer letter.
https://www.sec.gov/Archives/edgar/data/50863/000005086316000105/ex101412262015q4.htm
Murthy wanted to fire and the bureaucrats hire
It's a zero sum game to the bottom
Murthy's qualification for Intel CEO position?
So it looks like Murthy is next in line for Intel CEO position. Since he's an outsider I do not really know what his professional credentials are. Not sure why he deserves the sweet offer he got at Intel. Can someone shed light on his qualification... — read more
Why didn't Murthy negotiate accelerated vesting of his RSU's then perform short term asset stripping at long term expense
Oh he did. His stock doesn't best every 4 years like yours. No every 3 months! Talk about rewarding a certain kind of behavior. No wonder he wanted to cut 30k heads but BK restrained him.
First Amendment to the United States Constitution
Free speech is very important and I don't think we have that at Intel that's why we post on here anonymously. I would suggest to HR that a better use of time instead of trying to stifle free speech would be to address the reason why people post on... — read more
Murthy actually is doing a good job so far.
Murthy apparently doing a good job. He is reconstructing his org pretty well. Unnesssry projects are cancelled, emphasizing on projects that can generate more money and moving resources there, some stagnant departments who have not delivered for the... — read more
Anyone else thinking that Intel will take out more then 12,000 employees?
I'm in the camp that Intel will layoff more then 12,000 employees and dip into the VSP pool regardless if they reach the magic 12,000 number through ISP/VSP/ERP or closures. With the new focal system coming in Q3, they can start fresh by getting rid... — read more
Tax on VSP in Ireland
Hi - can someone clarify the situation regarding the tax burden on VSP in Ireland. I've heard conflicting information. Either that the ex-gratia payment is fully taxed or that is it taxed at a reduced rate. I want to know for future reference.
Mcafee going away??
McAfee never really fit. Are they going to offload it as part of the restructuring? Seems like a good time to undo that Renee James mistake.
Requiem for the American Dream!
Just as described in the movie.
Anyone notice the bait and switch on the release forms for ISP?
Got my release form in the mail today. The section on payment have a couple doozies which I hope is just incompetence--and not a bait and switch. 1) When getting the boot, the base compensation (as said in the addendum) was 8 weeks + 1x apb target... — read more
An accountant ( Andy Bryant) hire a chemistry guy to layoff a Phd in EE
This is what happening in Intel.
When/While Posting on This and Other Forums Please...
Please follow all INTEL 2016 Code of Conduct (CoC) Guidelines, even if you are not an employee of the company. INTEL HR Legal team will be enforcing these guidelines to ensure the postings have appropriate and quality content. Please, treat INTEL... — read more
IBM layoffs
Looks like more jobs being shifted to offshore by IBM. At least their CEO does not go public bashing their employees for being fired for performance. Intel is the worse. http://fortune.com/2016/05/20/ibm-layoff-employees-may/
Sucks what happened, but kudos on the kickass NUC!
Dead serious... but the Intel NUCs are very good computers/servers. I haven't booted my PC once since getting mine. Quiet and fast... sucks that the good people who designed/built this are getting cut. I seriously haven't computed on this tight of a... — read more
Chances of getting ISP if I don't accept the VSP
I had "successful" for the last three years, "exceptional" for the year before that and was always getting my stocks. I got VSP but not sure if to accept it. My manager doesn't want me to leave but I understand it is not in his power to protect me... — read more
Lets clean up things and organize
It looks like layoff.com supports text formatting using markdown protocol. Lets keep things tidy. Start and finish a string with an underscore ti make it bold - two underscores to make it italic. A > at the begining of a line will indent things or... — read more
Sounds like things are better at Qualcomm
Should you stay at Qualcomm? The answer should be obvious if you've been at Qualcomm for any significant amount of time. The answer depends upon your ethnicity/gender and ethnicity/gender of your boss. E.g. Female with Female boss: 25% merit increase... — read more