Needs to layoff more managers, do nothing but politics !!!
When will the ax fall?
Tomorrow? Anyone start getting non-descript meeting invites with high level execs they don't regularly work with?
Intel's 2015 Layoff Selection Criteria
By word-of-mouth from an HR insider. Apologies if I mess up the terminology. If you are a US-employee and both of these apply to you: IR or SSL4/5 in 2015 focal. IR or BE or SSL4/5 in 2012/2013/2014 focal. Then your last day will be July 15 and you... — read more
Memo leaked
"We will prioritize investments, slow down hiring, and drive other efficiencies, including a performance-based involuntary separation package." - oh give me a break. We have been doing this for a while. How many layers of managers we have. How many... — read more
Intel Severance - a minimum of two months' pay, according to the memo, plus extended health insurance and additional payment
Laid-off employees will receive a minimum of two months' pay, according to the memo, plus extended health insurance and additional payments -- based on their time with Intel -- in exchange for release of any claims against the company. Intel's memo... — read more
Isp
Involuntary separation next week
Good people suffer because of too many lazy employees and CYA management style
Walking my way to the fab floor, I see LOTS of people in the open floor plan just goofing off on the internet, Youtube, fantasy football, you name it. Meanwhile, those of us trying to get our foot in the door for a permanent slot are working like... — read more
2015 Layoffs at Intel
If things continue to melt, Intel will continue to lay off people, so be ready
Be honest
Intel has to announce job layoffs publicly instead of privately targeting employees and forced resignations.
Digital Home Group / Chandler, AZ
I use to work for Intel Digital Home Group. It's the Set Top Box division that makes the ATOM Processor for Comcast X1 Home entertainment. I would commute to Chandler, Arizona weekly and work on site. We lost our main accounts to Google TV, Samsung... — read more
The opinion on Intel future and layoffs listed below
He summed it spot on. Intel is a slow sinking ship. Slow because it's a big ship. In order to compete in the mobile space they will need to bean count everything because the competition is so fierce. What this means to the employees is lower bonuses... — read more
My Take on: Intel, Future and 2014 Layoffs
I heard many advice before I started working with Intel that it was a very big ship that takes a very long time to change it’s course. Indeed… Intel is a large company that focuses more on keeping their people placated with cool things while being... — read more
let's go Vietnam! lol
http://insidecostarica.com/2014/04/07/intel-lay-1500-employees-move-manufacturing-operations-asia/
"Job Levels Commensurate with Market Performance"
That was CEO Otterlini's statement a few years back. As PC market has shrunk, so have groups supporting it. Friends have left or moved into the growth bet areas. Metropolitan WAN and Larabee didn't pan out. Intel is spending the bucks on mobile. If... — read more
IT Department Cuts - April 2014
400 IT positions will be eliminated by end of April 2014. This will count towards the 5% staff reduction quota that was planned earlier. Good job, retards. So, in the end we will cut over 5000 resources, some fortune 500 companies have less than 5000... — read more
more to come?? Intel plans to cut more than 400 IT jobs by mid April
http://www.oregonlive.com/silicon-forest/index.ssf/2014/03/intel_plans_to_cut_more_than_4.html
This company is like that Russian ghost ship full of rats. Basically no one is running the company and it is full of people who do not work.
Intel missed the boat on mobile and tablet. They have way too much fat. I know 5 beaners working for them with only GED's. These guys are literally retards and were only hired to fill a quota. It is funny how politically correct these turds try to be... — read more
Mobile and Tablet misses
Intel missed the boat on mobile and tablet. They have way too much fat. I know 5 beaners working for them with only GED's. These guys are literally retards and were only hired to fill a quota. It is funny how politically correct these turds try to be... — read more
here you go.... they finally admitted that it would be a 5% "layoff" lol
Intel Corporation announced on Wednesday its plans to invest $120 million in a new R&D facility in Bangalore. http://www.thehindu.com/business/Industry/intel-to-invest-120-million-in-rd-centre/article5606031.ece
that's how rich people speak
redeployment means they give you 3 months to find a job within intel, and after 3 months if you dont have one, you are out. voluntary separation is they give you an option, take 3 months pay, and ~2 years of paid healthcare, or do redeployment and if... — read more
Intel layoffs
Intel is planing to layoff about 5000 people and still claiming it is not a layoff??? Intel Spokesman said: "This is a target employment rate for the end of the year.” It is 5% of its workforce!!!
a little too late for Intel?
Intel is little late to the mobile/tablet world.
Missing one cent as it relates to layoffs
Do you think there is correlation? We have seen worse numbers here at Intel, and no downsizing took place... Thoughts?
here you go...
4th-quarter earnings missed estimates by 1 cent.. http://money.cnn.com/2014/01/17/technology/intel-jobs/
Rio Rancho Cuts
Back in late 2013 we announced that 400 will be cut at Rio Rancho (New Mexico) - do you have any info on this? Has the cut actually happened?
Malaysia
Some assembly plants in Malaysia are under attach, I think over 1000 people can be let go. Let's see what happens, the execs will make the move before the end of year