Thread regarding Intel Corp. layoffs

People who got out of Intel

Is your life better now?

by
| 2821 views | | 23 replies (last August 12, 2016) | Reply
Post ID: @OP+IPYtCKv

23 replies (most recent on top)

1.5 of vacation, new job, 50% base salary increase, tons of money saved from vsp payout.

by
| | Reply
Post ID: @1zym+IPYtCKv

Let's see:

  1. Pay was bumped by a third.

  2. More vacation.

  3. Stress level dropped to near nothing.

  4. Look forward to going to work now.

Yep, life is far better away from Intel. A little more than a year into my current , post-Intel job and the same jar of TUMS is still sitting on my desk. A jar like that used to last little more than two weeks while at Intel. Wife, family and friends say I'm a different person, a better person since I've left the stress behind and calmed down.

by
| | Reply
Post ID: @1ivl+IPYtCKv

No, my life has been sh*t since ISP in 2015. 10 years at Intel, making good money. New manager gave me 2 SSL4 and I was out. Intel skills has not translated well when interviewing. Working for Intel has ruined my engineering career.

by
| | Reply
Post ID: @1qpx+IPYtCKv

I'm ERP - Here's what I did for the last ~24 hours:

-Got up, made coffee, and went outside with the dogs to relax and watch the rain.

-After the rain, watched some news and financial on TV, showered and went to Cabelas to check out their sale.

-Got home, made lunch and watched the Olympics before swimming with my wife for about an hour.

-Caught some more Olympics before grilling outside. (Yes, Trollies. I was "Flipping burgers" while you were on your commute home in your hip Smart Car.)

-Took a walk in the evening with my wife and the dogs before another dip in the pool.

-Got 6-1/2 solid hours of sleep with no phone calls.

-I'm typing this now on the patio as the sun comes up and my coffee is brewing. No rain today so I'll drink it with the hummingbirds this morning.

Next week we're going to take a driving trip through the northern Rockies.

The ERP benefits put me over the top financially for retirement. I refinanced my house before leaving (nearly $300/month saving). I don't need a yard service anymore ($160/month). I'm saving about $200/month in commuting costs and lunches, while eating better and getting more exercise. My overall health has benefited, and my wife says "I have my husband back"

So you tell me if you think my life is better now or not.

by
| | Reply
Post ID: @1vlm+IPYtCKv

I am happy like a kid.

Without job , No deadlines , No one to question me. Nice food, tours.

but i got bored after some time.

so tried and got some offers. thought of joining after some time.

Good to have this break once in a while provided static monthly income is there.

by
| | Reply
Post ID: @1yrq+IPYtCKv

2 1/2 months out and no job offer yet. But I did enjoy this summer more than others. Now that my kid is back in school I need to resume my job hunting.

by
| | Reply
Post ID: @1lqd+IPYtCKv

Years ago between the pay, stock and trajectory of the company it was easy to pick intel.

These days there is only contraction, terrible future for technology, irrelevance of x86 versus ARM.

Of course it is better to leave. If you are good you have value and will be well paid, GET OUT NOW before the $hit hits the fan. Actually the train wreck already has started.

Oh after 20 years could be happier I left and had many good offers and start my next great adventure. The past few years were full of frustration with the stupidity and arrogance of intel management, happy to be out of there!

by
| | Reply
Post ID: @1ftv+IPYtCKv

I should have left Intel yeeeeears ago. Had TMG/FSM role with insane hours and increasing red tape and exer-expanding beaucracy. The number of BAD business decisions were mind boggling. Managers were expected to spent so much time woring on useless s*** to make some indicator look pretty that they couldn't actually work on actually having strong teams and on employee development.

Since leaving, didn't get one job I wanted. Turned down 2 others that were a bad fit. Currently juggling 2 strong offers and expecting a third any day. All for equivalent compensation in areas with lower cost of living.

Intel upper management encourages a myth that you can't ever have it better than Intel t-comp. Maybe they believe that because it is true for them. But if you know what you're doing and can execute a good job search (leverage that network!) you might find that there are MUCH better options on the outside.

by
| | Reply
Post ID: @1who+IPYtCKv

I actually lucked out and found a full time Remote Job with a tech company earning the exact same salary and bonus I earned at Intel. Actually get stock. Just no 3 bonuses a year. The job is way more laid back and yet just as competitive. I would have done this earlier had I known about it. I did like Intel, but this is great too.

by
| | Reply
Post ID: @fss+IPYtCKv

Vsp here. New job, new location closer to family. Still wrapping up relo, but wish I had done this years ago.

by
| | Reply
Post ID: @idm+IPYtCKv

@IPYtCKv-snh Money is but one factor in a larger equation of life. There is no rewind in life!

Weekends, vacations, SO, juniors once in a lifetime events only happen once and once gone are gone. A award or salary or career is what one must choose it make a choice.

I was fortunate to have a couple options that paid considerably more, on less and one neutral. Picked the one that was going to allow me to reflect back with no regrets.

Well the only one should have left earlier, I have seen the train wreck for years and now the crash has happened, but the s---ers at back don't know yet, LOL

by
| | Reply
Post ID: @upm+IPYtCKv

But to your point (you get to a certain salary level, it is difficult to find another employer who will pay you what you had at Intel.), @mei.... It's impossible to find that better job if one doesn't take the initiative to look.

I think that happens more often than not at Intel. People aren't even bothering to look for a more rewarding job (i.e. - less stress, less hours, etc.) unless they get a swift kick to the *ss or scared out which is happening a lot now.

I prefer to look for jobs when I have a job, and the market isn't flooded with competition. But that's me. :)

by
| | Reply
Post ID: @snh+IPYtCKv

Yes. Took a vacation before starting new job. They matched my old salary and it was a promotion. New manager appreciates my work and is actually "managing" instead of pushing paper. The most amazing thing is I can actually get things done because the company believes in being fast and nimble so the red tape is way less of a jungle than it was at Intel. I look back now and wonder why I put up with the 80+ hour weeks and stress of working and running and running only to end up in the same place for little to no reward. In hindsight I should have left earlier but what everyone is saying is true, you get to a certain salary level, it is difficult to find another employer who will pay you what you had at Intel.

by
| | Reply
Post ID: @mei+IPYtCKv

Intel is not that important. All the Intel bullies are very nervous as they know the company is sinking and they don't have a chance in the job market.

by
| | Reply
Post ID: @cmo+IPYtCKv

I am now a male stripper touring the over 55 communities around the USA and have seen more sagging boooobs and rawhide azzes then you can shake a stick from. Couldn't be happier and satisfied thanks to Intel!

by
| | Reply
Post ID: @lwo+IPYtCKv

I think my huge salary was a boat anchor that made it hard to move the rock. But ISP forced a move and had some great offers, couldn't be happier with the new direction. Somethings s---, but given the status with BKs strategy the state of Moore's Law and the terrible WLE in my group, YES.

by
| | Reply
Post ID: @jqg+IPYtCKv

Best thing that ever happened to me. Thank you rule of 75😊

by
| | Reply
Post ID: @fdv+IPYtCKv

YESSSSSSSSSS!!!!! ERPed here under the Rule of 55 so I pretty early (which was the plan all along... I just waited for a package once I hit the Rule of 55). There is NO WAY I could still be working with all that's going on in my life. I put an offer on my dream home yesterday and it was accepted. :) been looking for FOUR YEARS and finally found one I absolutely love. I can't wait to putter around it and enjoy the absolutely beautiful private backyard.

The stress I'm under now is MY stress (buying/selling a home, downsizing, the timing before winter hits, etc), and not stress that Intel created. Also, Intel stress never, ever goes away, the stress of buying/selling will go away once it's all said and done.

best time of my life as someone else mentioned. :)

by
| | Reply
Post ID: @wfj+IPYtCKv

Check out this thread: @Hmuvv2A will hashtag it #intel

by
| | Reply
Post ID: @yyb+IPYtCKv

61, had a heart bypass surgery about 6 weeks after leaving (thanks COBRA), fully recovered now. enjoying life, not working any more, downgraded and went full throttle modest - life is beautiful, i can tell you that this is THE best time of my life so far

by
| | Reply
Post ID: @pls+IPYtCKv

YES. Stress levels have decreased and overall health has improved significantly. VSP $$$ will last for a while. Already working on my next career move.

by
| | Reply
Post ID: @eav+IPYtCKv

Absolutely.

My time at Intel was thankfully brief. It was a mistake working there.

Got ISP'd before I quit for another, better job. Thanks for the payout Intel!

by
| | Reply
Post ID: @tqk+IPYtCKv

Emotionally, yes. Financially, not yet, but the buyout will last a little while. There is a very long and informative, and relatively troll-free, thread about this if you go back on this forum a few weeks.

by
| | Reply
Post ID: @lpv+IPYtCKv

Post a reply

: