Runners: Salary restore will be pushed to Jan 2024 if things get worst. Is it true?
8 replies (most recent on top)
Don't wait for Intel to restore. They might not. Instead buy NVDA and AMD....it is good to diversify now, before it is too late.
Compare 2022 paystub in same work week as 2023, read it snd weep.
Restore salaries ? I want the company to get back to rewards and promos. What else will be the motivation for the folks remaining at Intel to outperform ?
They are not guaranteed to come back at all. The key business term here is “hopefully”.. that’s the data (sarcasm) being used to define when to restore. Would love to see restoration based on a data-based milestone.
At least in Europe some people have only signed approval until October. They'll have to sign again if they want to extend it
The company is losing billions per quarter and don't count on PC demand rebounding as we are headed into recession. The best thing to do here is have your family cut back on budget and hope you don't lose your job. HC needs to be cut by another 20-25K
Confirmed.
Jan 2026 if all goes well.