Thread regarding Intel Corp. layoffs

Folks hired in last 2 years

If you would know what we paid at each grade level to hire folks from outside, you would go crazy.

Every new hire was hired 1-2 grade levels above with insane salaries. Way above 95%.

Insane stock and bonus benefits.

The market was hot, but not that hot.

HR could have done better.

And here I am after so many years, making less than half the experience external folks hired in this company in last 2 years.

What kind of money management did the company do in last 2 years ?

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| 3071 views | | 10 replies (last February 2, 2023) | Reply
Post ID: @OP+1kYz80qL

10 replies (most recent on top)

This is just untrue hired in early 2021; grade 7 --- 20 years experience and with graduate degree and salary 50k below what it should be -- only to then be told was hired well below what I should have been by 3 managers since, had a promotion in works to correct only to have it stopped, bonus program ended, salary frozen, then reduced and benefits reduced and take on the job of the 15% of people lost to voluntary and involuntary separations.

Talk about a misstep coming here.

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Post ID: @1lgq+1kYz80qL

You should find another job that pays you what you think you deserve. You cannot blame the company for paying you less or others more. Just go get what you think is right. Are you willing to take their risk?
That’s what I thought.

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Post ID: @sas+1kYz80qL

This is not true. I was paid under my value by 30k. I planned on staying at Intel, but I do not foresee. Good times ahead. This is why I left the company in Jan. Intel prefers PhD’s, over people with practical experience.

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Post ID: @inr+1kYz80qL

Christie is a talking head only. But you can tell she is mad she’s getting a pay cut! Her delivery today not as cool and collected. She didn’t say “thanks for that question” one single time either 😂

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Post ID: @orv+1kYz80qL

Christie P is the absolute worst person to delivery any difficult messaging. She always has a smirk on her face

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Post ID: @xdp+1kYz80qL

i coast all day and sometimes push PPT for a big fat salary.

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Post ID: @xxz+1kYz80qL

Dave Z.. straight talker..

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Post ID: @zrb+1kYz80qL

>> The only competent one on the ELT was not there today….

Who's that? I thought they were all incompetent.

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Post ID: @tof+1kYz80qL

@qmx

I am sure she would be in high demand given all the looming recession and companies might need an experienced HR to fire ...

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Post ID: @hcu+1kYz80qL

Listen…..unfortunately Christie is Pats number 2. The only competent one on the ELT was not there today….

Christie will betray Pat and leave for some other job soon…..leaving Pat to hold the bag.

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Post ID: @qmx+1kYz80qL

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