Intel lay offs is this true?

[ronin223]

Anyone work at intel? Is this rumor true? What percentage of work force will lose their jobs.

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[kmk1012]

I heard on the local talk show today that approx 20% will get cut. Due to competition from AMD chip maker and declining pc sales.

 

[gryghin]

"Intel Plans Thousands of Job Cuts in Face of PC Slowdown (INTC) - Bloomberg" https://www.bloomberg.com/news/arti...-thousands-of-job-cuts-in-face-of-pc-slowdown

 

[Alexx1401]

Don't know how many if any of these are the "home jobs". Have been hearing for a while that MANY who got WAY too comfy getting paid to "work" from home are being told they are no longer needed. Many of them were "offered" to come back to work and did not want to. So they are being offered to no longer work there. While I think this is hilarious to watch the crying it does have a downside. All those people spent money in the economy. Both locally and from online sellers. As they start to lose income they of course spend less. Soon this is felt down the line.
One family member has been doing the work from home since long before this great hoax. They told me a lot of others lost their job due to the company being able to "see" how much time they spent working, vs how much time they spent playing online. Many who were told they were no longer needed were of course shocked when they were told, you spent too much time screwing around on the clock. They are working on a Company owned machine, logged into the Co. site, and they act like they are shocked someone was keeping track of how much actual work they did.

 

[bad pony]

It will affect mostly marketing and sales, not manufacturing at RA and Aloha. That's what the scuttle butt was at work last night when it was announced.

 

[oremike]

Ah, yes Intel. The year was 1980 I was fresh out of the Navy and went to work at Intel as a re-worker. sodering and re-sodering on circuit boards for......ever. It got to be the first nice day in April or May and I was looking out the window at the puffy white clouds in the bright blue sky and decided I'd rather ride my 1974 Honda 750 Chopper to the coast. As I walked out I was told that if I left now I couldn't come back. Good was my only reply.

 

[gryghin]

I've been attending a conference and haven't paid much attention to work. I'll have to see if anything showed up in my mail box.

I missed out on the last few rounds of packages.

Then again, the conference I'm attending is dealing with stuff like this...

"A Casino's Database Was Hacked Through A Smart Fish Tank Thermometer" https://interestingengineering.com/...-hacked-through-a-smart-fish-tank-thermometer

 

[Alexx1401]

I've been attending a conference and haven't paid much attention to work. I'll have to see if anything showed up in my mail box.

I missed out on the last few rounds of packages.

Then again, the conference I'm attending is dealing with stuff like this...

"A Casino's Database Was Hacked Through A Smart Fish Tank Thermometer" https://interestingengineering.com/...-hacked-through-a-smart-fish-tank-thermometer

I have often wondered about the fad of EVERYTHING being connected on line.

 

[gryghin]

I have often wondered about the fad of EVERYTHING being connected on line.

The Information Security Conference I just attended mentioned the fact that everything is getting more connected... and it is continuing to grow.

There were so many good presentations on the different cybersecurity technologies and how some of the hackers are private and some state sponsored.

 

[Member 34319]

So is this a complete removal of the positions, or a switch to subcontractors thing?

 

[The Heretic]

One family member has been doing the work from home since long before this great hoax. They told me a lot of others lost their job due to the company being able to "see" how much time they spent working, vs how much time they spent playing online. Many who were told they were no longer needed were of course shocked when they were told, you spent too much time screwing around on the clock. They are working on a Company owned machine, logged into the Co. site, and they act like they are shocked someone was keeping track of how much actual work they did.

Most people, myself included, worked on a company provided computer whether we worked from home or in the office.

Indeed, I don't remember ever working on my own personal computer, except for three jobs; one job where I was the only full time employee, the other two where I was a consultant.

Also, when working from an office, you are usually on the company network. From home you are usually on a VPN connected to the company network. Do you really think that working on a company computer on a company network doesn't let the company know what you are doing on that computer & network??

So, this idea that suddenly an org knows how much you are working because you are using a company computers is an incorrect assertion. There is really no difference. In fact, when I worked from home, I was able to work on a company laptop AND I was able to surf the web on my personal computer that was not connected to the company VPN.

So typically, just the opposite is true; a company does not know what you are doing at home, as easily anyway, as it would in the office. At least not if they are using your computer usage as a metric - which is a poor metric to use.

That said, in my profession (software engineer), the correct metric used is whether we accomplish a given task in the time we estimated it would take, whether it was adding a new feature, fixing a defect, diagnosing an issue, improving performance, etc.

Best practices in a good "agile" team is to keep track of these tasks - the time to accomplish them, what the quality of the code is/was, whether there were any defects in the new/fixed code, etc.

All of that is no harder to do when someone works from home than when they work in the office. It is the communication that is typically more difficult when the team is "distributed".

 

[Alexx1401]

Most people, myself included, worked on a company provided computer whether we worked from home or in the office.

Indeed, I don't remember ever working on my own personal computer, except for three jobs; one job where I was the only full time employee, the other two where I was a consultant.

Also, when working from an office, you are usually on the company network. From home you are usually on a VPN connected to the company network. Do you really think that working on a company computer on a company network doesn't let the company know what you are doing on that computer & network??

So, this idea that suddenly an org knows how much you are working because you are using a company computers is an incorrect assertion. There is really no difference. In fact, when I worked from home, I was able to work on a company laptop AND I was able to surf the web on my personal computer that was not connected to the company VPN.

So typically, just the opposite is true; a company does not know what you are doing at home, as easily anyway, as it would in the office. At least not if they are using your computer usage as a metric - which is a poor metric to use.

That said, in my profession (software engineer), the correct metric used is whether we accomplish a given task in the time we estimated it would take, whether it was adding a new feature, fixing a defect, diagnosing an issue, improving performance, etc.

Best practices in a good "agile" team is to keep track of these tasks - the time to accomplish them, what the quality of the code is/was, whether there were any defects in the new/fixed code, etc.

All of that is no harder to do when someone works from home than when they work in the office. It is the communication that is typically more difficult when the team is "distributed".

View attachment 1292471

They used to warn us about "playing" while at work. Almost everyone does anyway. I always avoided it. Use a Chrome book of my own rather than the terminal I am logged into. They long ago stopped even bothering to say anything to the rest though. The thing my one fam member does in Medial billing stuff. They started out doing it in a building. Later decided it was cheaper to just pay them to work at home. They told me for a good while they turned a blind eye to the people logged in and "on the clock" who were not doing much work. After they made sure the system was going to work they started to weed out those who would log in, which puts them on the clock getting paid by the hour, and playing around instead of doing what they were paid for. I am NOT even close to any kind of expert at any of this. When they told me about it I was kind of shocked they allowed it to go on as long as they did before they cracked down. At my job when you are at a terminal its often not being used so playing you are still doing your "work". These people were getting paid by the hour to do work and a lot of them were playing as much as they were working. Then were shocked when told "we no longer need you".

 

[The Heretic]

 

[Alexx1401]

View attachment 1294276

It is always funny when you see stuff like this because it seems to be so often the way big places do things.

 

[The Heretic]

Microsoft reportedly lays off hundreds of employees | Engadget

Microsoft is the latest big player in tech to lay off workers..

www.engadget.com

 

[The Heretic]

Exclusive: Amazon’s attrition costs $8 billion annually according to leaked documents. And it gets worse.

Amazon churns through workers at an astonishing rate, well above industry averages. That staggering attrition now has an estimated financial cost.

www.engadget.com

 

[Tony617]

I saw that a lot of people are not buying PCs or Laptop now. I ordered a few replacement lithium ion batteries for my laptop so I can extend the life without buying a new one.

We were have supply problems with our work laptops back in March and April of 2022 and so I had to place an order multiple time since my current order was canceled three times.

So I expect Intel and lot of companies are going lay-off people. Not just Intel.

 

[titsonritz]

And there goes one of the last Fortune 500 companies left in Oregon.

 

[JustShoot]

Exclusive: Amazon’s attrition costs $8 billion annually according to leaked documents. And it gets worse.

Amazon churns through workers at an astonishing rate, well above industry averages. That staggering attrition now has an estimated financial cost.

www.engadget.com

quote article:
..." turnover to be around 100 percent in warehouses-- double the industry average. The rate at which Amazon has burned through the American working-age populus led to another piece of internal research, obtained this summer by Recode, which cautioned that the company might "deplete the available labor supply in the US" in certain metro regions within a few years ".
-

I thought that was the reason for bringing in almost 5 million Illegals into the USA so far by the Biden regime ? .. to help fill those empty Amazon warehouses with cheep Labor .
.

 

[The Heretic]

saw that a lot of people are not buying PCs or Laptop now.

I tend to update/upgrade only when I need to. I bought a MacPro in 2008 and a MBA in 2012.

Last year I bought a Lenovo laptop that should last me 5-10 years.

Corporations tend to be a bit more proactive with their updates/upgrades as their needs dictate, but they can also delay those plans somewhat.

Then there are the consumers who feel they need the latest and greatest every year or two - that drives a lot of the market, especially gamers.