Thread regarding Intel Corp. layoffs

Anyone feeling overwhelmed ?

With the state of affairs and constant change, anyone feeling disgusted and overwhelmed ?

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| 2923 views | | 11 replies (last July 25, 2023) | Reply
Post ID: @OP+1nHiY2FM

11 replies (most recent on top)

Morale is as low as I've ever seen it.

Not hitting numbers. No feeling of a legit strategy to get out of this. Layoffs keep coming. Paycuts. No sign of anything ever coming of the reward side and they have a bunch of outs such that the basic restore may not ever happen.

Managers having absolutely ZERO people management skills and doing nothing but building empires by bringing in a bunch of low cost, underscoped heads while pushing experienced people down and out through the classic Intel fashion of making your job/position he-l and waiting for you to quit, and if you don't, then they will CPM you.

Just a really horrible time right now.

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Post ID: @5dkq+1nHiY2FM

When will this misery end ?

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Post ID: @4tnc+1nHiY2FM

So much whining and entitlement... pu-e.

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Post ID: @1csb+1nHiY2FM

Working at Intel has taught me 2 things, get the cheapest, and easiest master degree you can get, you’ll get paid 3X more than what people who have to actually work hard will get paid. Also, never work for a place where you can’t ask for a raise.

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Post ID: @1xdq+1nHiY2FM

Thank you Intel leadership for this amazing legacy of the peasantry

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Post ID: @1src+1nHiY2FM

OP, it is going to get worse. TSMC just announced that their profits dropped for the first time in 4 years due to slowing demand. What do you think this will mean for Intel's quarterly earnings? If you don't think things will get worse just wait... Intel's ability to disappoint is about the only thing consistently happening at the company.

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Post ID: @1byw+1nHiY2FM

Every.Day.

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Post ID: @1mqa+1nHiY2FM

"I'm just waiting on INTC hitting $100"

the sun will burn out first

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Post ID: @1zvd+1nHiY2FM

Past that.
Now, in just don't care mode. Just doin my job until the paycheck stop.

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Post ID: @1gha+1nHiY2FM

I'm just waiting on INTC hitting $100 then I'm outta here! Should be about 2 years. 😁

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Post ID: @1sbx+1nHiY2FM

Well yeah.

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Post ID: @1yzu+1nHiY2FM

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