Topics regarding layoffs at Intel Corp.

Topics regarding layoffs at Intel Corp.

California Folks read

Go to California transparent and see people who work at government get paired more than intel. What the he-l is going on with intel compensation. We are paid 40% or more less than competitors and 5-10 less than government jobs. Indeed our our... — read more 

Advice

You, along with thousands of other employees, are understandably saddened by the stock drop and inadequate compensation. Certain factors are beyond our control. Nevertheless, it is important to appreciate having a job and to focus your efforts on... — read more 

Intel downfall reason

In Bay Area where many options are available to employees intel pay ranges forces you to hire leftovers and mostly 3rd tier people stay with intel. in other low cost sites like Oregon people don't have many options to switch I think. People who are... — read more 

UNIONS ARE THE ONLY WAY…..it seems like

A lot of technicians have been talking a lot at lunch about unions. It did not seem fathomable in the past but it sure seems like we need them now. With AI, low compensation, being treated different than the rest of the company it sure seems ripe to... — read more 

At-will blindside “farewell”

Former employee here. Over 20 years with repeat high performance and 3 promos (never a single below expectations). Was blindsided by Intel Audit digging up 5+ year old “low dollar” benefits related participation that turned out to be a... — read more 

Qualcomm heavily recruiting CCG folks

A couple of colleagues left just in a few weeks. It’s a Major blow for intel. The reason is Intel’s sh-t compensation package. I’m leaving as well.

Two things that drove Intel to a downward spiral

ACT - Richard Taylor's brainchild and shock it created in the organisation, not to speak of the talent drain that it resulted in. Tinkering with time tested Focal process to pander to the DEI crowd and giving under performers a free pass.

Pastor P Strategy of “All In” on IFS…

“All In” on IFS might’ve worked during times of low interest rates such as Obama/Trump, but not during times of “Bidenomics”… it’s like the ELT is confused about the times we’re living… it’s time to invest in RISC-V, Quantum Computing, and start... — read more 

Offer evaluation

Got an offer from intel and it feels they lowballing with low numbers. Does current employees have low compensation and stocks as well?

Sooo, what’s the plan?

Munching on popcorn while observing all competition rushing past? And some cost cutting, for good measure? Which, needless to say, will also remove any talent remaining in this forsaken place?

CPMs announced

What a clown show of company this is. If attrition is only way to show profitability on balance sheets rather than generating margin delivering quality products, no wonder the org is going downhill.

Intel has zero market share in gpu 🤣🤣

https://wccftech.com/nvidia-dominated-aib-gpu-market-q1-2024-88-percent-market-share-amd-12-intelt-0/#:~:text=Lastly%2C%20we%20have%20Intel%2C%20whose,attract%20mainstream%20and%20budget%20audiences.

Computex

I watched computex and there was not talk of Falcon shore. Why?

Comment

Even those “yay free money” folks are demoralized and I don’t see their comment

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