Thread regarding Intel Corp. layoffs

Is it safe to join fab as an engineer

I got an offer recently, I was wondering if it is safe to join fab as a G5 engineer (mainly working in packaging) given the current economic condition? I read CFO mentioning about "restructuring charges". This is the only offer I have currently.

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| 2045 views | | 11 replies (last August 5, 2022) | Reply
Post ID: @OP+1i0ioyVp

11 replies (most recent on top)

You should worry about taking the offer if you have another offer in hand, just take it and keep searching if you don’t like!

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Post ID: @4lhw+1i0ioyVp

Packaging in FAB?

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Post ID: @2veb+1i0ioyVp

The fab is like the Army front lines. They will always need warm bodies for the meat grinder.

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Post ID: @1hrh+1i0ioyVp

You'll be fine. "Restructuring", if it does even occur, is extremely unlikely to affect a fresh hire GL5 in packaging.

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Post ID: @1lcx+1i0ioyVp

I work in packaging. They are honoring their offers.

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Post ID: @1rsz+1i0ioyVp

Look at it as an insurance policy - work there for a year or two until the economy works itself out.

Better then a gap on a resume.

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Post ID: @1fxb+1i0ioyVp

you're probably replacing somebody that got a job down the street instead of a promo. just be ready to do that when the time comes.

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Post ID: @vhn+1i0ioyVp

very unlikely that Intel would rescind the offer. Remember that your cheap and you're young which means you can work a ton of hours compared to older employees who have wives and kids

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Post ID: @dtr+1i0ioyVp

They won't rescind your offer. Intel discriminates mostly against older folks. You should be good for a while, but this company is toxic and THEY WILL back stab you at the end. Leave after 2 years if you last that long. Keep looking for other jobs.

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Post ID: @bzm+1i0ioyVp

OP here : @kle+1i0ioyVp
I fear the offer might get rescinded, my start date is 5 weeks from now.

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Post ID: @dsu+1i0ioyVp

Whatcha gotta lose?

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Post ID: @kle+1i0ioyVp

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