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 BREAK: Intel Layoff 20% of Employees 🤯🤯🤯

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SUSipohps3
post Apr 24 2025, 10:39 AM

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QUOTE(fantasy1989 @ Apr 24 2025, 10:04 AM)
pay u premium expect u gila lor ( i get almost 2X boost of annual income if take annual vested stock into account) 
even my counterpart at US also gila 1 ..macam everyday power on ... my boss at canada even reply my msg at 4am his time
just...  now start to feel not worth because the stock price went south  sweat.gif  sweat.gif
*
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Heroicage
post Apr 24 2025, 10:46 AM

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always layoff....don't know where they get more to layoff....

Intel's 2022 global said to be 23,000, then 2024, 16,000 layoff .....cost cutting...

that seems to be 7,000 employees???? then rehire them again?...and layoff again?...LOL...


fantasy1989
post Apr 24 2025, 10:58 AM

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QUOTE(Heroicage @ Apr 24 2025, 10:46 AM)
always layoff....don't know where they get more to layoff....

Intel's 2022 global said to be 23,000, then 2024, 16,000 layoff .....cost cutting...

that seems to be 7,000 employees????  then rehire them again?...and layoff again?...LOL...
*
thats how the thing work

terminate the weakest link ; hire new/right talent as replacement

i do agree that there are some employee in there doesnt have clear charter and/or like doing handyman work


maybe their position is just as representation of lower portion of the histogram so that can cut their RSU/APB budget n reward the right person

This post has been edited by fantasy1989: Apr 24 2025, 11:01 AM
kaiserreich
post Apr 24 2025, 11:01 AM

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QUOTE(fantasy1989 @ Apr 24 2025, 10:04 AM)
pay u premium expect u gila lor ( i get almost 2X boost of annual income if take annual vested stock into account) 
even my counterpart at US also gila 1 ..macam everyday power on ... my boss at canada even reply my msg at 4am his time
just...  now start to feel not worth because the stock price went south  sweat.gif  sweat.gif
*
At least you are not at SKye
fantasy1989
post Apr 24 2025, 11:05 AM

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QUOTE(kaiserreich @ Apr 24 2025, 11:01 AM)
At least you are not at SKye
*
now thing going very very fast pace .. even "round the clock" no longer work

is everyone need to round the clock
LewYNC
post Apr 24 2025, 02:34 PM

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Tmr night ACM will know ady
Redhunt
post Apr 24 2025, 04:13 PM

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this is cause Intel is splitting business.

change staff from A company to B company.


Redhunt
post Apr 24 2025, 04:16 PM

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QUOTE(fantasy1989 @ Apr 24 2025, 10:58 AM)
thats how the thing work

terminate the weakest link ; hire new/right talent as replacement

i do agree that there are some employee in there doesnt have clear charter and/or like doing handyman work
maybe their position is just as representation of lower portion of the histogram so that can cut their RSU/APB budget n reward the right person
*
still repeating that BS ?

tech cut and rehire so that the positions can be perpetually contract, non-permanent staff

contract staff salary can be suppressed. Benefits can be none.

and perhaps most importantly, easy get gomen to approve foreign workers visa

This post has been edited by Redhunt: Apr 24 2025, 04:17 PM
h@ksam
post Apr 24 2025, 04:16 PM

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QUOTE(UserU @ Apr 23 2025, 08:51 PM)
Cull the herd
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Less Men More Share
fantasy1989
post Apr 24 2025, 04:54 PM

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QUOTE(Redhunt @ Apr 24 2025, 04:16 PM)
still repeating that BS  ?

tech cut and rehire so that the positions can be perpetually contract, non-permanent staff

contract staff salary can be suppressed. Benefits can be none.

and perhaps most importantly, easy get gomen to approve foreign workers visa
*
i believe most of the company will practice that?

goreng weakest link ; hire new talent

if not u keep the weakest link employee for what?
ChipZ
post Apr 24 2025, 05:05 PM

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QUOTE(kaiserreich @ Apr 24 2025, 11:01 AM)
At least you are not at SKye
*
What's wrong with Skye?
rtk73
post Apr 24 2025, 07:18 PM

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QUOTE(fantasy1989 @ Apr 24 2025, 10:58 AM)
thats how the thing work

terminate the weakest link ; hire new/right talent as replacement

i do agree that there are some employee in there doesnt have clear charter and/or like doing handyman work
maybe their position is just as representation of lower portion of the histogram so that can cut their RSU/APB budget n reward the right person
*
10% will always underperform based on a distribution curve
No way to remove, as long as those smol group no kacau more productive to leave em be


Me is 10%

QUOTE(ChipZ @ Apr 24 2025, 05:05 PM)
What's wrong with Skye?
*
I will die lo
fantasy1989
post Apr 24 2025, 09:09 PM

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QUOTE(rtk73 @ Apr 24 2025, 07:18 PM)
10% will always underperform based on a distribution curve
No way to remove, as long as those smol group no kacau more productive to leave em be
Me is 10%
I will die lo
*
thats for sure ..just like no matter how u raise b40 salary/minimum salary ..they are/will still b40


if everyone in a team have the same level of competency, that no longer seen as an exceptional, but rather as a baseline skillset that is simply required for the job.

This post has been edited by fantasy1989: Apr 24 2025, 09:14 PM
fu'house
post Apr 24 2025, 09:14 PM

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QUOTE(brkli @ Apr 23 2025, 03:50 PM)
sure kena.. we also have tons of power point managers here..
*
Time for these enjineers to pack up and escorted out by security guards pecah steel bowl after years of leeching Intel Penang.


Trump kirim salam.
wagie
post Apr 24 2025, 09:24 PM

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rtk73
post Apr 24 2025, 10:39 PM

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QUOTE(fantasy1989 @ Apr 24 2025, 09:09 PM)
thats for sure ..just like no matter how u raise b40 salary/minimum salary ..they are/will still b40
if everyone in a team have the same level of competency, that no longer seen as an exceptional, but rather as a baseline skillset that is simply required for the job.
*
Yes, the bell curve will re-regulate itself
Even minute differences can mean ur a failure or gooding
ChipZ
post Apr 24 2025, 11:24 PM

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QUOTE(rtk73 @ Apr 24 2025, 07:18 PM)
I will die lo
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Terangkan
KingArthurVI
post Apr 24 2025, 11:33 PM

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Don’t worry Penang intel is immortal iron food bowl one. My friend software engineer so many rounds his team never kena at all.
novblaze
post Apr 24 2025, 11:49 PM

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QUOTE(wong_86 @ Apr 23 2025, 03:18 PM)
normal tactic for new appoint CEO, kasih goreng

108,900 workers in semiconduct is ridiclious, nowaday all factories  are full of automation.
*
Imagine average 3000usd
3000x109,000 = 327, 000,000

Every month bayar gaji pun Already 327m
Xflkekw
post Apr 25 2025, 12:03 AM

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QUOTE(KingArthurVI @ Apr 24 2025, 11:33 PM)
Don’t worry Penang intel is immortal iron food bowl one. My friend software engineer so many rounds his team never kena at all.
*
Different department different impact. Engineering especially in client silicon design is least impacted in last year's layoffs at least in Penang.

HR department on the other hand was basically stripped to bare bones and skeleton crew that they even outsource some HR functions.




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