Thread regarding Intel Corp. layoffs

Obviously engineers are not smart enough to see this coming. You are just employed by a company. They have the right to restructure. Time to change your viewpoints or you won't survive.

Not trying to be harsh but this is the reality your 6fig salaries have kept you sheltered from.

@qyb Word. I work for IBM, have been with the company two years since graduating college, and since day one I have been saving and investing each paycheck with the eventual goal of financial independence. Paid off my student loans within a year, built up a decent stash of savings and investments, and have no plans to buy a house or have kids. To anyone starting a career out of college, don't inflate your lifestyle. Save up and invest so you can check out early and not have to worry about this sh-- anymore.

I graduated during the depth of recession. I saw how companies were laying off people left and right and how difficult it was to get a job. I changed my attitude towards corporations forever. From the day I started working, my goal is to become financially independent so that I can stop depending on my paycheck !!!

I have not made big commitments that makes me dependent on the salary. I have not bought a home as I work in an intel site in a city with less opportunities other than intel. I get bombarded all the time with question why I have not bought a house yet after seven years of working and how nice it is to live in a single family home when compared to living in an apartment. I don't have children as I wanted to be financially secure enough to take care of them even though company dumps me. I have lived frugally and slowly getting there.

I learned early on in my career

1. This world is run by idiots. Unfortunately, being an engineer that is smarter than 70% of the population is generally not a good thing

2. Most engineers lack the people skill to get ahead, beyond just flipping bits. Promotions tend to go to people who know how to talk, who they know, and what resources they can use to get something done, rather than doing it themselves. If you're one of the true engineers that like to do things yourself, you're screwed in this regards.

3. Most engineers don't understand how to play politics.. Not even to play to win, but to play to survive.

4. Most engineers are slaves that really can't go beyond the confines of what their employer asks of them. What I mean by this is..Engineers get facetious and think their W2 paycheck (which isn't bad) is "good enough" and don't bother to spend any time to improve their financial acumen, because many of them think playing with numbers that has to do with money is tedious and boring. Yes, it is tedious and boring, but you got to be competent in the money game in order to get ahead beyond your W2 paycheck.

5. Most engineers suck at investing/speculation, because they think too much based on logic and reasoning, when in reality, the real world doesn't work like that. For example: engineers like myself tend to view stock picking with a rational/logical mindset..And probably can't fathom why a company like linkedin or facebook would be worth that much. Well, reality is, the world and the stock market works more on emotions and based on morons who play into the emotional side of things. So looking at it with a logical/rational mindset all the time can be hazardous to your well being.

6. Most engineers analyze to the point of convincing themselves not to do something. The entire analysis to paralysis....

Because of 1-6, a lot of engineers get kicked around, both in a company, and outside the company.

The solution to all these problems is really simple. You got to start thinking in idiotic terms..You got to say "if I'm one of the 70% of the population, what would I do?"...You would be surprised how far that takes you.

your momma so fat, when she bends over we miss two days of sun light.

No doubt man! Us engineers are getting the work done and products out the door. The disconnected... yes, I stress the word "disconnected", "management" decides to throw darts at the board to remove lead engineering personnel for critical projects. Wow, that's a no-brainer!

Would be nice if the employees had the opportunity to buy out the company, get rid of these moronic managers, and employ a staff of admins and logistics specialists.

reformasi!