Thread regarding Intel Corp. layoffs

In the early days, they used to throw a lot of cash at us. Stock options could exceed your salary. People would suffer a lot of abuse for that -- these are the "golden handcuffs." That ended in 2000.

I can run circles around a new engineer. I trained a lot of them.

But I'm leaving - not worth the stress and no upward mobility. Decades of experience will leave. Intel will go on.

People are missing the economic realities that the sector is facing. It's not a growing market as it once was this is the right response done way too late. The problem is lack of leaderships ability to see that the market was not and is not coming back. How did they hire so many people in the last few years? Why? And those that had jobs for as long as they did well you were lucky that's it. Tech has hit a plateau for now. Hard to say if or what will spur worldwide economic growth in the future. It isn't going to be China.

Yes to the consultant gigs. Very lucrative, don't accept anything less than $125/hr

Intel competition based focal and promotion schemes worked well when intel was a growing company, when there were endless lines of RCGs feeding in at the bottom. People were expected to get promos and get more responsibility and scope. We have never changed this expectation in spite of the fact there are hardly any RCGs feeding the machine for years now. And so like any late stage Ponzi scheme, this system is imploding

Just come back in 2months as triple-paid consultant doing exactly the same job you do now but thrice as expensive for the company. They are asking for it!

This is what happens when you put the company into the hands of a chemist, and a piss poor one at that.

They talk in circles, have no clue as to what they're doing or how it's impacting, A once good company.

Very sad to see it deteriorate. Cut throat from here on out