Thread regarding Texas Instruments Inc. layoffs

Attrition

Lots of major names have left the company, and people continue to leave. Probably a combination of the upper management culture (nepotism much…), LT mindset around optimizing and running as lean as possible, and the profit sharing changes which apparently we claimed “entitlement” to and did not work for. And really bad base pay relative to general industry. What do you think?


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30 year plus employees at T.I. have historically not been on salary par with SC industry. Folks stayed since company had a better retention rate when those employees were in their 20's, 30's and possibly mid 40's.....things changed around 2010-2012.....T.I. really got behind the curve on pay for experienced talent. The new hire craze starting around 2017 and thru the start of covid was insane. The dollars offered to NGC's compared to folks hired in the Clinton or Bush years was way more when inflation was factored in. There is a reason T.I. has the reptation of Training Institute or Tiny Income Inc. Just a retiree that got lucky and made thru 3 plus decades and walked out on own terms and financially fine....good luck to all still swiping their badges......hope you can do the same.......the scars, emotional damage and frustration with the T.I. system evaporate when you get to leave on your own terms. Not the greatest place.......but hey it isn't working at the phone store on commission.

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