I am almost sure the same thing has been happening here for years now. Needs to be investigated

Old fabs likely headed to a chopping block (sell, or chop up and sell. Debt gets wiped, stock goes up. Simple. Execs are slashing anything that does not drive growth. I guess that's the mantra now... More status changes and outsourcing ahead to... — read more 

How will those impacted be notified? Phone, meeting, email, IM?

9 weeks + additional [4 weeks + 1.5x (# of completed years)] if you sign a release. In addition, 12 months of Cobra. If you or your partner are retirement age - or your partner on disability, you can expect additional $10K-$20K cash.

Taking a break from reading all these depressing neg posts. Changing subject, who will be in the Super Bowl this year?

Anyone reading this started back in the Pentium days? Those were the good old days.

Intel (NASDAQ:INTC) stock jumped by nearly 8% during Tuesday's trading session. While there weren’t many stock-specific factors to justify such a significant move, tech stocks overall have been on an upward trend, driven by positive sentiment... — read more 

LBT had stated his intentions, but word is getting out about entire groups being eliminated or outsourced, including the transition of entire groups to contract services. This has been needed for at least the past 5 years and maybe 10, because once... — read more 

I’ve decided to move on, I just couldn’t keep working under the current conditions. After months of searching, I finally found another job. It pays less, but at least it offers more stability and a healthier environment. Waiting around for layoffs... — read more 

I took the package last year and have lost touch with much of my network - I'm not trying to start a rumor, but an I've heard bits and pieces from multiple sources indicating that SMG is planning to outsource most Marketing responsibilities (possibly... — read more 

https://www.calcalistech.com/ctechnews/article/bjuzok00mxe

Image your next interview telling your recruiter how you were stuck in a situation with bad, even toxic, business processes, and you lead everyone to leave them behind for healthy practices. What a hero you’ll be! On the other hand imagine the... — read more 

Yes, I don't work at Intel. I am just curious. The people reading this and do work at Intel, what do you like about Intel?

What does it take for id--ts to move a sinking ship to Lunar lake ? Should they use rocket launch to swim in the moon lake?

The new AI boss messed up NEX and now he is he-l bent on destroying whatever little AI Intel has . He does not listen to the engineers. He has no industry experience and has been given the most crucial role. Somebody who still flaunts his IIT and... — read more 

I'm hearing this for non-traditional scopes. Any veracity to it?

You heard it here first

Let us know if anything noteworthy happens on your end

Did anyone capture SMG’s timeline this morning? I missed most of the details. Notified by July 7, last day end of July VSP but no ER I didn’t get the numbers…

According to Fortune 500 magazine, to be a strong company, you need strong workers. I work in AZ and why do we have id--ts and snowflakes as supervisors and fab workers. Why do we have lazy a$$ team member that do the bare minimum team member... — read more 

Hello I got partial track twice, I am in the black list of layoff?

Wow… rescinding an offer especially to new grads who probably stopped looking after their offer in November. Pretty sh---y!

https://finance.yahoo.com/news/three-intel-board-members-retire-145128442.html

Have a look at this graph. https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F36d58fee-b993-4861-a7f3-e18bb5f594a2_1600x1219.png Now look at Intel’s... — read more 

No vision. No plan. Just silence. The smell of failure is already settling in.

Intel is full of people doing stuff that doesn't matter... from TPS reports to duplicate departments all claiming they are responsible. More checkers checking the checkers and no real hard core engineering feats being achieved. This is the result of... — read more 

How important is LinkedIn in a job search? I made an account a while back just to say I have one, but I haven’t touched it since. Do recruiters actually look at that stuff? Because to me, it just seems like a never-ending stream of fake-sounding... — read more 

This is one group that needs to ruthlessly cut. They are grossly oversized and the lawyers sit idle creating work for themselves. can outsource more than half the group. Instead they are giving targets to other groups under legal. Protecting the... — read more 

MJH And so being able to land on a node that is already ramped, is at very high performance plus yield is very important. So you can imagine, I'm looking at how much yield and product can I get in a very short amount of time? I guess 18A/18P... — read more 

Blueprints and Bottlenecks They promised progress, sleek and grand, Bold new products, supply in hand. Yet numbers whispered, time ran thin— 18A stalled before it could begin. 14A, a future bright, Shrouded now in dimmer light. Layoffs came, cold... — read more 

There’s been no talk of separation packages this round. I assume payout will be per policy based on years of service. Does anyone know about medical/dental/vision coverage? Will that end on the last day of the month you were employed? If COBRA... — read more 

I don’t understand why they are laying off people and hiring people at the same time. Am i missing something ?

What does market knows that employees are kept in dark about.

Thoughts?

I've been through these so-called restructurings before at other places and its always the same ugly playbook... let's hire some consultants who cost more than the salaries we are cutting to tell executives what everyone already knew... Use the... — read more 

Let us know if anything noteworthy happens on your end

Products... 18A... 14A... Layoffs... All plans. What did Intel do in the past year? A bunch of delays!