A good friend was laid off from Intel during their last round of layoffs. Without going to into details that would identify my friend, he was laid off after losing a game of internal politics. His division's vice president even apologized to him for his layoff.
My friend's story gave me the impression of Intel being a highly dysfunctional company. My friend was sad to leave Intel, but I think it was good for him in the long run.
For those about to be laid off from Intel, I hope it also works out for you.