Thread regarding Intel Corp. layoffs

Predictions for promotions this year?

They haven't ruled it out but they've been very vague "we're still figuring out what promotions look like in a zero merit environment yada yada"

I reckon these are some options they could go with:

  1. No promotions full stop
  2. Promotions but delayed the salary increases till 2024
  3. Promotions for exceptional cases only
  4. Promotions without any raise (arguably worse than no promotion)

Anyone heard anything? I'm not expecting one myself but I'd hope next year isn't a huge backlog of candidates competing for them

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Post ID: @OP+1lUMaLPq

6 replies (most recent on top)

Well it was confirmed now to managers it's #1

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Post ID: @3mpy+1lUMaLPq

It's the old managers trick - give titles instead of money with the "you need to do the job for a year before you get the reward" line.

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Post ID: @1ljt+1lUMaLPq

It's the usual. Promotions for the politically connected only.

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Post ID: @zon+1lUMaLPq

Free fruit!

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Post ID: @fqa+1lUMaLPq

Its #1, that's what was announced.

For key talent expect retention bonus and/or large Stock grants that incentivize hanging around.

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Post ID: @mrh+1lUMaLPq

You don’t want a promo in a down year, hope for a push out to 2024.

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Post ID: @ydo+1lUMaLPq

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