Which one of Intel’s past layoffs do you think was the worst and why?
17 replies (most recent on top)
Definitely ACT, they not only perp walked people,they banned them from coming back to the company based on a spreadsheet algorithm even if they had good performance. Absolute clown show.
2024 was best - great packages thru VSP
2016 was worst ever, many ISP layoffs
Are you guys talking about ACT, which happened at 2014?
Walking out with security... Pure act class. Of course ACT was the worse, I don't think Intel could recover from that. Seeing your colleagues putting stuff in a box and walking with security when yesterday they were just there... And many of them had few stock because they asked their managers for that. Terrible and d-mb.
The other thing that made ACT horrible was that the criteria was leaked to the Oregonian before it all went down... So people knew they were going to get canned. It was pretty obvious from the reporting that HR just kept adding more criteria to their formula until they hit their target numbers. How many years in grade, how many times you got a certain stock level, etc. A lot of great people got walked out by people in suits. It was horrible.
ACT was the only layoff that I saw where people were crying in the hallways and being perp-walked out the door by security, which also offered retirees an enhanced retirement set of bonuses.
It just doesn't get any better than that, unless security were to start eliminating people in the Cafe courtyard. But that would be illegal.
I thought ACT was the best.
BK rocks!
ACT. Where people were just walked out on the day they were informed and where they used stock level grants as an indicator of performance.
The second layoff which @af is referring to was called SET at that time and was a brain child of Bain
ACT - let's get rid of people so we can make room for DEI hires.
ACT - HR with an axe to grind. Absolutely no manager input. Let's have the spreadsheet lay people off
Agree with others - ACT was the worst and in many ways lead to rapid deterioration and the current situation.
Next in the ranking will be the 2006 layoffs and re-org which split people management and the functional management (also had a name which skips my mind). That layoff was the starting point of demise of engineering driven culture.
The best layoff is yet to come… when they shut the doors 100% on this failed company. Arrogance breeds ignorance and ignorance breeds failure. Game over.
ACT was the most poorly handled
- 2025 20%
- 2024 15%
- 2022-23 1x%
- 2016 12%
- 2014-15 x%
ACT was the one that led to the current demise