People don't don't realize the more deadwood there is the better at a company like Intel that can afford them. Think of them as insurance/buffer in case there are layoffs, i.e. deadwood will likely be laidoff first.
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@JI7fg5i-bqd Only 2 million wow between base stock and all the perks you are definitely not doing as well as the gr9 I nurtured... sad
To be honest, I am one of those deadwood. 12 years at Intel, grade 9. I don't care if I get cut next round. I have already made over $2M from Intel during these years, so my next gig does not need much compensation for me to be motivated. You younger folks should take note.
Every day the future for Intel is getting bleaker and bleaker. It is highly likely the company will need to spinoff several business groups to survive. TMG, itself, can be considered the "Deadwood" the OP is referring to. Intel's forte in chip mfg was to stay 3-4 years in front of the competition, thereby maximizing profits for every new technology it proudly introduced to the world. Now it is behind, and falling further behind every passing day like a worn out thoroughbred in the homestretch. Once it changed strategy to chip foundry, they are playing TSMC's game, and TSMC is dictating the terms and conditions. Intel cannot win since they had already lost that they were once good at. It's a done deal.
It is true if your company can keep and tolerat deadwood it is a sign they are doing well. The layoffs show just how dire the situation is at Intel with the product roadmap and health it 14nm and state of affairs on 10 and 7nm the future is very bleak
deadwood = OP.