Hear some site will be closed. Which one?
Mark today's calendar.... Pay particular attention to today's stock price...
This is as high is it's going to go for a long long time, now that fat ass- Murthy is at Intel. You'll see 15ish stock price soon. Similar to what he did to Qualcomm stock. But hey, someone's got to pay for all the doughnuts he shoves down his fat... — read more
1.2B wtite off
And 12000 employss layoff basically means its mostly 50 yr olds employees thats been there many yrs. They will each net $100Kx 12000 employees=$1.2B
Intel Severance Pay
Has anything changed? What are the rules?
Timing of 2016 Intel layoff announcements
What do we know? Different opinions in multiple threads? Can we consolidate info and agree in this thread?
I'm going on year 23 at Intel.
I don't work directly for the factories (thank GOD...they SUCK...horrid cultures) but rather in corporate services. Most of my tenure has been on night shifts, which is like another world vs. days. Stress is only what you put upon yourself. As long... — read more
11% is a reasonable number
Clears out the marginal performers and a path for those ready for retirement. Business has shifted significantly with PC market and mgmt. has balanced this decline with server business. Can only go so far before needing to take bigger structural... — read more
Arduino and maker group will save Intel
After the very impressive and very well accepted Arduino boards LOL Intel is safe....
Being fired from Intel used to be purely a competency issue
Now with Intel's ongoing disruption by ARM it is a competency or a company issue (do successful companies have annual firings?). I imagine firings/layoffs at AMD also started off as pure competency and gradually gained momentum until in the latest... — read more
You should have seen that coming ...
BK actually warned you of this just a few months ago. Remember what BK said last year in a quarterly update with employees when asked about using SSL as layoff criteria: "I know from my email people feel like they got caught or surprised, but this is... — read more
Intel's Growth Targets
It's hard but try to position based on this: BK's hot areas in PCs: 2-in-1 laptop-tablet hybrids, growing more than 10% per year Gaming PCs, growing at 10%/year Home gateways, TV set-top boxes, growth, Intel gaining market-share Non PC Growth:... — read more
Full Circle
When I got laid off last year, my close family and friends told me that it would be a blessing in disguise and that the wheel would come full circle. As Steve Jobs once said - "you can only connect the dots looking backwards". I am so much happier in... — read more
Intel 2016 Layoffs
Feel free to pile on. Here is what we know so far about 2016 layoffs here at Intel: BK officially announced today that Intel will have 12K job cuts, overall cutting 10% of the global workforce – most of the cuts will be here in the States (I am... — read more
Yikes
This is the GOOD thing about getting the boot last June. They already have a seat on the job bus...those getting it this summer will have much much much more competition - some probably will never find another engineering job without moving to Texas... — read more
12000 people folks. 12000.
http://www.cnbc.com/2016/04/19/intel-reports-q1-2016-earnings.html
Written in stone. Intel is dead
http://www.wsj.com/articles/the-chips-are-down-for-intel-1460994580
Pigs like Murthy R earning craxy blood money - his offer letter appended
Dear Murthy: Congratulations! On behalf of Intel Corporation (“Intel or the “Company”), I am pleased to offer you the position of President of Intel’s Client and IoT Business and System Architecture Group, reporting to Brian Krzanich, Intel’s CEO... — read more
Why intel is doomed in next 5 to 6 years ? It can survive only IF something drastic happens.
First and foremost ... I might get fired in the near future but I got nothing to loose... Reasons Intel is doomed in next 5 years 1) we are no more the innovative company; we had technological lead in minnurization. We are loosing the ground here 2)... — read more
me·di·oc·ri·ty
Wait long enough and BK will label you as a person of mediocre ability although you been rated as success forever. They will walk you out the door. You had enough warning from all of us during the last year but you still decided to stick it out. I... — read more
Intel's biggest mistake ever: Hiring Murthy Rendu
First off, Qualcomm thanks Intel for picking this a--hole. He has zero leadership skills. Barks order without a whip in his hand. Glad this was not early 1900s! In Qualcomm, he drove everybody under him to a high stress corner needlessly. He doesn't... — read more
ISP and Rule of 75?
Got a successful at focal, and SSL4 for the very first time. Given what happened last year, and at the age of 53, I am expecting the ISP notice to come anytime. I asked my manager if I was given the ISP, can I still claim retirement benefit because I... — read more
How did VSP work last time?
I was not here the last time there was a layoff but I did hear that there was an option for VSP. How did that work? Was there any requirements such as: grade, location or business unit attached to it? I think I might have made a mistake joining Intel... — read more
Major Software Groups are on Murthy's top list
Q fired lot of software ppl and same is going to happen in intel Ccg , software Sg iot all are in rader H1. Should go bring trump he will fire all H1s
Google will destroy Intel's hold on the server market!
We at Google are going to eat your lunch and undercut every business you try to enter. Good job BK, google loves you!
Intel Layoff version 2.0
Last year lay off had some criteria e.g. Age > 50 or something which i heared of but not sure. The this year seems rating S and share rating SL3 and below .... Its talk in air every where Any one heared same thing from your contacts....
BK pay raise
Any guesses how BK will answer the top voted question about his obscene pay raise in the BUM? I think since he is running out of social issues to pander to in CES, this time he will stand up and declare a token $1 salary for himself and MCM and no... — read more
Intel should keep shared walking sticks in the campus
Guys, don't you think it's time for intel to start keeping shared walking sticks in the campuses that the old colleagues could use? Pretty sure we would need thousands in Hillsboro, as there are too many old fellows out there. What say you?
Intel June 2016 Layoffs
Once the financial data is in next week the numbers will be crunched for year end targets and filters applied. Expect ISP letters in the post early June
Significant round of job cuts across business units
Per Oregon Live: Intel is preparing a significant round of job cuts across business units this spring, according to multiple sources inside the company familiar with its plans. The impact are wide: Intel employs 19,500 in Oregon, more than any other... — read more
YEARLY LAYOFF NOTICE!
http://www.oregonlive.com/silicon-forest/index.ssf/2016/04/intel_planning_for_thousands_o_1.html#incart_big-photo
VSP Rumors?
So far I have heard of zero VSP rumors, anywhere internally.. Any others from real Intel folks?
Murthy Sends Out "Y'ALL SUCK!" Memo
"Y'ALL FIRED!" to follow shortly.
Dishman Takes Gooberment Yob
Intel's loss is NIH's gain.
Passed over at QualComm
According to this article, Intel's new mover and shaker was passed over at QualComm in favor of Amon. QualComm is a fabless shop. Intel is a fab-based shop. What could possibly go wrong?... — read more