I worked at Micron for 18 years. I survived many downturns and have watched the company change over time and as the leadership changed. When I started, Micron was a family. I knew most of my co-workers personally and would hang out a lot outside of the office. The leadership wanted Micron to be successful so that all of its employees would be prosperous and happy. "Teambuilding" was something we all did voluntarily.
Now, it is a corporate monster! They don't give a F-CK about you or your family. You are just a number to them. Your co-workers are not your friends and will throw you under the bus if it means they can keep their job or even get a better rating. That is the culture they have intentionally created after implementing the bell-curve rating system.
I quit last year and before I left I warned everyone that would listen that this was coming. I wanted a layoff package but knew I would get much more if I quit early and got out of Boise before the bottom fell out on the housing market. I have no regrets.
To Sanjay and his cronies, YOU RUINED THE ONCE WONDERFUL PLACE I USED TO CALL MY SECOND HOME. You claim that PEOPLE are one of your core values, what a joke. I hope you fall head first out of your ivory tower. Micron made ample cash reserves from the pandemic to survive this downturn without layoffs. You don't care about the people who pour their blood, sweat and tears into their job. It's all about the share price for you as that is how you get paid. Why don't you make a REAL sacrifice and donate 20% of all of your Micron stock back to the company? That alone would pay for ALL the layoffs at the Boise site. GO F-CK YOURSELF SANJAY!
To all you regular people out there, get your affairs in order and shore up your finances. It's going to get a lot worse. Prepare for the next round of layoffs as it will impact you no matter what. Even if they don't let you go, you will be expected to do more work for less pay. I've seen Micron cut the pay for ALL engineers by 10% before, and they will do it again. There are WAY better companies out there. I haven't been happier since I quit. You should enjoy your work as it is where you spend half (or more) of your waking life and if you enjoy your work life, your home life benefits as well. Don't think Micron is the only option, it's actually one of the worst options available.
Good luck everyone, my heart goes out to you.