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Saturday, April 8, 2017

Intel 2017 cuts have started while recruiting continues

Several of the Intel Eliminati have heard from their colleagues and friends that the 2017 cuts started this past week of April 3.  This coincides with the annual performance reviews, known internally as "Focal Review".

At the same time, many of the Eliminati continue to receive recruiting requests for both full-time and contract positions within the company.   In more than a few cases, the position is with the same team they were on or even the actual position they had left!

We do not yet know the extent of 2017's firings, if it can yet be called a "layoff".  We do know it is worldwide again, and that in some cases whole teams of 10-20 people have been affected.  And like in 2016, by June there will be an increased effort for Voluntary Separations and Early Retirements.

This comes at the same time as other recent news from Intel about finances and compensations, including America's ongoing discussions about H1-B visas,

Our last survey of ex-Intel and Eliminati members found that the median time to get a new job ranged about 8 to 9 months.   Some were faster, some from 2015 even are still looking!  Despite demand in some hot areas like software, it can still take quite some time to get a new position.

--Richard Vireday
Spokesperson for PDX-TIE.org, the Intel Eliminati

5 comments :

  1. Confused about Eliminati recruiting. My understanding is that all laid off in 2015/16 can never be rehired, even as contractors. That is what my 2015 layoff notice stated.

    ReplyDelete
  2. Confused about Eliminati recruiting. My understanding is that all laid off in 2015/16 can never be rehired, even as contractors. That is what my 2015 layoff notice stated.

    ReplyDelete
  3. Most of the 2015/2016 laid off got the "never rehire" line, but some did not! Mostly those who did not are younger or were part of group reductions like acquisitions or other displacements. So, you really have to read your packet to know.

    And some HR&Managers took the never rehire to also mean no contracting ever, which is absolutely not true. Just being overzealous and CYA is the consensus. There is usually a waiting time to coming back as a contractor. At least 6, but usually 12 months.

    ReplyDelete
  4. Told after ISP may only return as green badge thru third party "supplier", not directly. No waiting period mentioned. Confirmed by 'Buyout'. Not true?

    ReplyDelete
  5. That is true too. See, the responses vary widely. If you have an opportunity and do want to return as a contractor, go ahead. People certainly have been asked a lot. Upside as a contractor is you don't have to attend the BUMs.

    ReplyDelete

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