Thread regarding Intel Corp. layoffs

[saving INTEL $4B USD annually] Yet another route for making INTEL healthy, profitable company

Let us look into one very good post, so we can start from it building some ad-hoc conclusions, trying to understand how to save significant bucks to INTEL and protect hard working bees (who were hit very hard in this primal A.C.T.).

The post is the following: Salaries @ INTEL USA revealed/published - @HVQK9O2

With the bunch EE (HW background) masters, ruling Intel (let us define these masters: Grade 10: 230K~350K (exec level, equation changes drastically)), who are by all means Dead Wood.

GRADE 10: 230K~350K -> average is: (230+350)/2 ~ 290K annually. Let us assume that among 100K employees there are 10K of such "knowledgeable" masters/FLMs (btw, they even do not know/forgot what fan-out term is), since some have 20 direct reports, some 3 to 4. Another 10K PEs, falling in this equation. In total, 20K Grade 10 employees!?

So, if company puts 5K of these Dead Wood (anyway, they are useless Dead Wood, most of intellers know that), it will save circa $1.5 B USD annually. I should say, 7K of these should be forced out, so it makes savings around $2B annually.

But if we assume that there is one Dead Wood PE per Dead Wood FLM, freeing another 7K PEs (who btw do NOT have almost any technical expertise, just sell around political BS), will bring savings to 4B USD annually.

It leaves 3K FLMs + 3K PEs. Which is far enough for the size of 80K company (after dropping 14K Dead Wood worth $4B in total).

Thoughts?

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| 1413 views | | 6 replies (last June 17, 2016) | Reply
Post ID: @OP+HWBEHj0

6 replies (most recent on top)

Intel PE == Principal Engineer

Outside Intel PE== Professional Engineer

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Post ID: @fwf+HWBEHj0

Remember that a "PE" at Intel is not the equivalent of a "PE" in the outside world.

Apples and Oranges.

A PE an Intel is an internal designation, a PE in the outside world requires professional licensure and passing multiple (really hard) exams: https://www.nspe.org/resources/licensure/what-pe

What passes for a PE in Intel is all over the place and as frequently gained through politics as competency. There is a pretty high bar for earning PE in the real world.

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Post ID: @hkc+HWBEHj0

Hello @kse,

Passing by, read your post. Let me give you an example. Siemens AG. 200K+ employees worldwide. Do you know how many PEs does Siemens AG have? Any guess? Anybody?

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Post ID: @bwt+HWBEHj0

these are rubbish assumptions. check intel intrasite csis for PE and SPE, there are leas than 1300 in all of intel. 10 to 15% atmost are not that good. i personally worked with 5-6 pe and know some more , PE doesn't mean he/she knows everything, but they sure are experts on one or two things, and some pe are super smart to cTch on ....i dont know of flm #s though

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Post ID: @kse+HWBEHj0

Many phds are overly valued as G9 or G10 as they came natually in G7 in this company. why intel has so many patents and standard published but less real product winners.

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Post ID: @mjg+HWBEHj0

All for getting rid of the good for nothing highly paid MCM, VP, DP, PM ,PE and rehire the productive ones they let go. Did I cover all the acronyms?

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Post ID: @vny+HWBEHj0

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