Thread regarding Intel Corp. layoffs

Pat's comment that pay cuts will be reversed in October

Does anybody actually buy this?

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Post ID: @OP+1lwYkHhu

11 replies (most recent on top)

Pat has been walking this talk so far so yes salary will be restored.
WRT reward, we need to see when intel will come back to profitability and in that case there could be potential reward during focal
Cycles.
Note intel is in mid of transformation, if you believe in leadership and it’s vision then stay else leave.

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Post ID: @5gww+1lwYkHhu

Not guaranteed to be restored.

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Post ID: @2jsj+1lwYkHhu

Probably, but most of us won't be there to enjoy it. Pat will sell and layoff anything he can.

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Post ID: @1vzc+1lwYkHhu

Yes. Intel has to do it, otherwise good people will leave and the ship will sink. Many good people left already.

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Post ID: @1idx+1lwYkHhu

I want reward, not just restore. This is insane to cut base salary and 401k.

What motivation i have to work hard and outperform ?

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Post ID: @1vxx+1lwYkHhu

No. Don't buy the rewards story either.

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Post ID: @1flb+1lwYkHhu

Pay will return after the layoff in September’23

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Post ID: @1gtk+1lwYkHhu

Why is this even a question, pay restore? It would be the easiest thing to do compared with other challenges.

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Post ID: @dpw+1lwYkHhu

Nobody believes liar Pat. He will have to cut salary more due to deteriorating financial condition.

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Post ID: @tcq+1lwYkHhu

But it, team up to go work together for it!

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Post ID: @ohl+1lwYkHhu

Yes. I buy it. It’ll be restored.

Why you scared?

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Post ID: @fct+1lwYkHhu

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