My experience has been a mixed. When I joined Intel 15 years back ( straight out of college), I had an amazing team, challenging work and good management. I learnt a lot and enjoyed my time working. Then...my immediate manager left. My teammate became my manager. He found out I earned more than him. Well...all he-l broke loose and I had to find a different job at Intel. That began my 5 year journey in three different teams, each toxic than the other. I never used to believe when I read complaints about bullies at work, micro management, groupism at work etc because the only work experience I had was at Intel and with a great team. Those 5 years thought me how horrible environments could be, I became more compassionate about others who complained about these stuff, more importantly I stopped making work front and center of my life. Work was no longer tied to my identity. It was just a means of making money and nothing more.
I had to change the job again to escape from the toxic environment and ended up in an amazing team again. I have been in this team from last five years and it has been great ! Yes...workload is more but I never minded that. It is fun again.
I really hope Intel survives and emerges victorious again. However, the level of toxicity in some teams is insane which drives out good people I have seen so many people whom I looked up to leave for competitors and the quality of workforce has declined. Unless we fix these issues, the chances of turning around are slim..