Thread regarding Intel Corp. layoffs

Multiple things:

-could call the retention hot line ( don't know if that puts a target on your back)

-if you feel you are qualified and can handle it and don't mind the move go for it. Do weigh the risk of layoffs at the new site with your present job.

I was 10 years in grade 8. Two other peers at same grade for even longer than me. These guys were good contributors but not in line for promo, so I had no chance either. We all got ISP this year.

8 years time in grade? How many managers? You've plateaued. BAIL if you can. They don't need you like you think they do.

Plus, don't you think managers are going to now (more so) offer promo's to their favorites to try to retain them and save from ACT @1pmy?

Per last ACT, promo in past three years prevents ISP and VSP. However, in the current Intel environment, your manager cannot reliably promise anything.

Take the offer!

leverage into a promo at intel = year after promo you're on chopping block and back to square 1 again

@fhr thats bad. realistic tho - so thanks

@fhr sounds like some of my worst managers at Intel, and I had plenty of them 👎😕

With all due respect @fhr... but your management 'thinking' style leaves a lot to be desired.

I am a manager, here is my line of thinking when someone approaches me with a similar request - take it with a grain of salt, every mgr is different:

• Not reliable, not committed

• Will come back with a similar request again

• Risk, risk, risk

• Resources takes control, yet, I should be and am expected to be in control

• There is no meaningful recovery here, short term - maybe, mid/long run I have already lost this resource

• 28 years of experience - scenarios like this never worked out, it will not work again

• I have a set of mediocre resources that are 100% committed, this one is great but not committed, I'll stick with the committed group (they are easier to please, reliable, easier to manage, less headache, low maintenance)

@fjs such a great post - the game theory is the way to go here

Having taken a counter offer from Intel and another company in my career, I can tell you that it usually does not end well for you. Intel management will most likely tell you that they don't do counter-offers just to make you feel "special". I ended up leaving the company within a year after taking a counter offer and regret passed opportunities.

If you are a white male. take the offer. Eventually, you will have a target on your back with no offer.

You think you have a leverage? Let's see it from a game theory perspective: right now, you have a job offer and you want to make best use of it. You have two options:

1. take it and go - you risk a bit, but if you've done your due diligence, you can only win (the offer is better that your job now, or you wouldn't take it). Outcome: WIN, YOU'RE OUT

2. you go to your boss and tell him "i have an offer"

Now the boss has two options:

2.1. he says "take it, I can't help". You're at 1, Outcome: WIN, YOU'RE OUT

2.2 He says "don't take it, I need you". But no direct counter-offer. After that, if you stay, you're an idiot. If you believe he's gonna show gratitude later, you're an idiot. He knows now that he can't really count on you long term without an incentive, so he will start to reduce his dependency on you and look for replacement asap. Outcome: YOU'RE OUT, LOSE IF STAY

2.3 He says "don't take it, I need you. I will give you a promo if you stay". You take the bite and stay. Turn down the offer, loose an opportunity. Next focal the game continues: you might get a promo or some shabby excuse.

2.3.1 - You get your promo: it means your manager probably needs you - (as of now!!). If he agreed the deal means he has some dependency on your expertise - but I hope you noticed that Intel is not a growth company, so there is no room for promotions. You leveraged your initial position, forced his hand, he had to do what you wanted, but now he got you - it is his turn, and you don't have the leverage any more.

He's gonna take care that you'll work your a-- off to keep your new position, or you'll get an "IR" which throws you out. Best case, you'll get a couple of "successful" in a row - as we know, same outcome. The chances to be promoted again in the next 3 years are near to 0. If you're after the severance, and you can get a good offer later, fine for you. The best possibility: get the promo, and prepare to leave in 2-3-4 years. Outcome: YOU'RE OUT (with possible severance), LOSE

2.3.2- "the shabby excuse" You declined your offer, but at the next focal you notice that you have an a--hole as manager. Believe me, this is not a remote possibility. Saw that. You lose big time. Your manager knows that moment that you've quit internally, knows that you hate him, and expects you to leave any time. He won't trust you any more, he's not gonna assign you any more interesting work. If you continue to stay, you're dead wood and you've lost your honor. Best outcome is to be IR'ed and get some severance. Start looking for a job the next minute. Outcome: YOU'RE OUT (but with possible severance), LOSE

I hope you noticed the common pattern: the moment you've got a better offer somewhere else, YOU'RE OUT ! You have quit already. You can play the severance game, if you consider it to be worth, but your actual job is history. If you look at the top management, this game happens all the time. Once you forced your promo, you're out.

I was in the same situation 4 years ago. As the situation started to deteriorate, I started sending CV'

s and got a good offer from a respected small startup.

I then told my manager I was about to leave, but he convinced me to stay, promising promotion. Got the promo indeed, and then S+SL3 three years in a row afterwards "because other people also need to be considered", which qualified me for VSP. Now boss said "don't take the vsp, I'll see what I can do next year". No thanks, no more promises. I lost one opportunity, don't want to be thrown out when I'm 45+, perhaps with no SP at all. So I took the VSP , and one month later found a better position, 5% more pay, much more interesting job, no overtime, no weekend work, no backstabbing. To say I'm glad to be out of that misery is an understatement.

In the hindsight, I should have left 4 years ago - I've lost a great opportunity back then, and the latest years took a toll on my health - burnout, sleep problems, irascible, and was about to became a complete sociopath. No money is worth your mental sanity !

After ACT do you still have hopes of a career at Intel? Since you have been looking outside it means you are not so sure.

Nothing like getting a promo by forcing the issue and than have higher expectations on yourself and have any perception of not being good enough in this harsh environment.

Take the offer, get out while the getting is good as once ACT2 and ACT3 start you'll be competing against those higher grades in the job market!

@K1EoY9f - at this point, attrition is what they need. The last thing they will do right now is fight for you when they KNOW they will cut again (and soon)... You can try, but as a manager, I can tell you, regardless of an outcome you will be put in a lose situation