This has become a company where, in my opinion, the employees are more concerned about its future than the leadership. The employees are the ones who are most worried about whether Intel's days are numbered, whether it is too late to somehow save... — read more 

Leadership's response to any problem over the past several years is that we are on a "transformation" or a "journey"...and solutions are always 3 to 5 years away! No accountability for the Technology folks who blew the leadership position, and still... — read more 

Intel cutting base pay seems like a disaster... on the other hand, imagine the staff getting a pay cut on the Titanic the day before hitting the iceberg... It really wouldn't have been the worst thing in the world... as compared to sinking to the... — read more 

@mkq+1kZKJM7h and @tap+1kZKJM7h tel revenue 63B employees 131K TSMC revenue 75B employees 65K AMD revenue 23B employees 15K NVD revenue 27B employees 23K Add TSMC, AMD and Nvidia HC together still smaller than intel and make so much more... — read more 

What economic headwinds is INTC facing which is not there for AMD, NVDA, AAPL. Is it just a lame excuse quarter after quarter by ELT for poor execution and planning ?

I have to do this and I wonder if defining your own OKRs makes any sense. Isn't setting expected results what your manager should do? Is this common practise at Intel?

I hope that the last couple of months have finally convinced everybody that there is truly no future at Intel. At least not until we get some proper leadership, and it might be too late even for that. Before somebody says it's the economy or some... — read more 

I dont know why everybody was so happy he came back here. All he did at VMware were layoffs.

If no drastic action is taken on layoffs, next quarterly report will be worst.

Any forecast?

Seriously, we have achieved nothing with him. We should send him back to AMD so he can f*ck them over instead.

What % of target payout have they paid out in previous year? if target is 100% what has it been?

Gelsinger cut his own base salary from $1.2 million to $900k. He made about $179 million in 2021.

I got about $40-60 for my most recent QPB. I realize this is an optional bonus, and is not to be expected…. But I feel like I’m getting slapped in the face with such a disgraceful bonus.

Upvote = Quiet Quitting Comment = Already quiet quit

Intel CEO Pat Gelsinger’s total compensation for 2021 was 1,711-times larger than the average Intel employee. And now the big guy's gonna take a 25% hit for the team. Lol... — read more 

Dateline: 1/31/2023 Intel said it had made broad cuts to employee and executive pay. The reductions range from 5% of base pay for mid-level employees to as much as 25% for CEO Pat Gelsinger, according to a source quoted by Reuters. In addition, vice... — read more 

Meritocracy never really existed at Intel. If it did Intel wouldn’t be in this state today. Chr—sty just formally shut down meritocracy aka favoritism charade.

high inflation was already hurting workers spending power. now no raises. the two added together mean a real loss in buying power in the future. no bonuses justs compunds this income reduction for most workers. this is a rude awakening. But a... — read more 

What's fair about this? Our executives fire the pool guy for one of their many estates, and the folks who actually do the work can no longer pay the rent on their only apartment. Good luck with that brilliant decision.

Why are they keeping things opaque? Intel said it’s on track to cut costs by $3 billion this year through layoffs and other measures as the company works to shore up the bottom line after posting a small quarterly loss last fall. Intel hasn’t said... — read more 

I'm an old fa-t, and I have seen how this has progressed at many other companies - Intel's days are numbered. When you hear "Focus on core products" it is time to go. Intel will continue shutting down and selling off businesses so they can focus... — read more 

The only way to retain your wages and restore meritocracy is to unionize. ELT is beholden to Wall Street and not the workers who make Intel what it is. Unionizing scares the hex out of upper management and that's the only way to get your messages... — read more 

Students from top schools used to waltz from Silicon Valley internships into lucrative jobs. Now, some are reconsidering their options... https://www.wired.com/story/layoffs-broke-big-techs-elite-college-hiring-pipeline/

Intel is now in AMD's rear view mirror, and NEVER AGAIN will they be in the windshield. RIP to this once great company, now nothing more than a "me-too" wannabe has-been.

https://www.wired.com/story/layoffs-broke-big-techs-elite-college-hiring-pipeline/

Hopefully Intel offers voluntary CPM again so people have the opportunity to leave with fat pockets. Then again they will all just come back again in a few years for more pay and Intel will repeat the same mistakes again. Over 10 years Intels had... — read more 

Stock holders and those who get more from stock compensation than rank and file is the priority! The CEO and ELT do have a duty to the owners of the company long term. But seriously protect the dividend short term versus reward the hard working... — read more 

Amd market.csp more than Intel now. Take that Intel byatches

AMD made the same mistake a decade ago and learned the hard way.

Here's my 2$ conspiracy theory: ELT has large part of compensation in stocks than base pay. Even if they reduce their base pay % the dividends are still not reducing or stopping. Workers will toil and pay for ELT fat salary with no bonuses for... — read more 

How much 401k and salary cuts will save ? 1B $ 2B? Any guess?

We are the winner in CEO TComp!!!

The beatings will continue until morale improves

That's 1700 times of Intel median pay BTW. His base pay was $1.1 million, less than 1% of the TComp. 25% of that is 0.25% of TComp. If someone at Intel median pay got 0.25% pay cut, it'll be like $50 a week. Don't worry about your dear leader. He's... — read more 

This site was started and is very likely run by a disgruntled employee. Someone posted support for Pat and it was deleted. It's sad that the site caters to negativity about the company. It could be so much more.

Get free government money to save American jobs Pay fat dividend to please grumpy shareholders Tout the huge cost-saving down the road to make employees nervous Wait for large layoff announcements from everywhere Declare pay cut like... — read more