First off, I hate layoffs for anybody, having worked in this up and down tech field all my career. But, Intel sounds like maybe they've become something like Big Blue used to be. As a stockholder, hope they haven't gone too far. 250 people isn't a lot in Intel terms, but to have them doing nothing but look internally for another job for 90 days, I don't know. I know HP does this, other companies too. Just a word of concern from a stockholder and no way I'd ever want to see people put out on the street without at least a good package.
Tony
Understood. But let me take a wild guess here.... You've never been laid off.... Right?
I say that, because of the casual way in which you say "250 people isn't allot". Written, like someone who hasn't had it happen to them. Otherwise (like me), you might have a slightly different point of view.
Also, intel invests quite a bit of money in training employees internally, and if a person gets laid off, all that training is wasted. If I were to add up the value of all the Data Analysis, Communication, Leadership, Vendor, and Interpersonal Relationship Training that I have received over the years, it would most likely now be approaching somewhere in the neighborhood of 75-100K. I suspect if my department were eliminated tomorrow, intel would not be too keen to let all that training investment just walk out the door.
I guess it just depends on a person's point of view. 250 isn't allot.... Unless it's you.......
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