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Started By
Message
Intel offers Irish staff “three month break from being paid”
Posted on 12/2/22 at 3:05 pm
Posted on 12/2/22 at 3:05 pm
Intel’s totally voluntary offer
It’s not a layoff! It’s a break!
quote:
According to various reports in the Irish media, thousands of workers at Intel's manufacturing plant in Leixlip, County Kildare, were offered three months' voluntary unpaid leave in a bid to lower overheads. The move follows Intel's announcement in October that it planned to lay off an unspecified number of employees worldwide, and even ditch some product lines, in response to a worsening economic situation. These plans are part of a massive reduction in spending, with Intel looking slash $3 billion annually starting next year and by between $8 billion and $10 billion by 2025.
It’s not a layoff! It’s a break!
5
Posted on 12/2/22 at 3:08 pm to DesScorp
I’m in
Posted on 12/2/22 at 3:54 pm to DesScorp
So Intel makes computer chips that are in high demand, and they cannot figure it out? Sounds like they are purposefully tanking because woke.
Or they are looking to move their operation out of Ireland.
Or they are looking to move their operation out of Ireland.
Posted on 12/2/22 at 3:57 pm to winkchance
quote:
Sounds like they are purposefully tanking because woke.
I’m all for shitting on companies and people for being unbearably progressive, but I don’t see the correlation here. Everybody is in a big squeeze; tech seems particularly vulnerable right now.
Posted on 12/2/22 at 4:05 pm to HempHead
Damn Musk offered 4 months paid leave and was skewered for it. Intel …. …. *crickets*
Posted on 12/2/22 at 4:18 pm to DesScorp
Intel - don't do any layoffs until the chips that will regulate my heated and cooled power seats are produced. I've been waiting almost a year . . . .
Posted on 12/2/22 at 4:20 pm to DesScorp
They are called sabbaticals and were done in the last major recession all over.
Posted on 12/2/22 at 4:23 pm to winkchance
quote:
So Intel makes computer chips that are in high demand, and they cannot figure it out? Sounds like they are purposefully tanking because woke.
Maybe, but Apple is also in the process of kicking them to the curb in favor of homegrown ARM variants.
Posted on 12/2/22 at 6:26 pm to USMEagles
quote:
Apple is also in the process of kicking them to the curb in favor of homegrown ARM variants.
Apple is producing their own silicon now. It is really good. No ARM
Posted on 12/3/22 at 2:56 am to DesScorp
Hell, I could have taken two weeks off paid leave for having covid 2 years ago. I didn't want the frickers to find out shite got done whether I was there or not. I tried not to cough too much.
Posted on 12/3/22 at 8:40 am to winkchance
quote:
So Intel makes computer chips that are in high demand, and they cannot figure it out?
This may have a lot more to do with sluggish western demand for high end microprocessors after the covid boom (chips for PCs, not automotive heated seat controllers or brake modules) and China being cut off as a potential end user due to the recent technology restrictions.
If you didn't already know, China has been cut off from the newest gen microprocessors and their manufacture.
Posted on 12/3/22 at 9:38 am to USMEagles
AMD has been stealing market share consistently from intel for a few years now. Lisa Su has been amazing tbh. The new stuff they are producing this year is going to widen the gap even more on the consumer side. Their server market is crushing as well as their new gpu
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