Thread regarding Intel Corp. layoffs

2024 budget

BUs will have slightly lower budget than 2023. Promos will be limited and in most cases no salary raise. Enhanced 401k will be a joke when you hear back. 5% 401o contributions may be push by two quarters.

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Post ID: @OP+1phz7fWs

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30,000 more layoffs to go to bet this company back to a sane business model.

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Post ID: @pgx+1phz7fWs

@tnw+1phz7fWs Sure blame grades 6 or 7 for Intel ills, not the real culprits.

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Post ID: @cdp+1phz7fWs

So many exempts work part time and make north of 120k, it’s absolutely ridiculous.

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Post ID: @tnw+1phz7fWs

Pat refuses to right-size the company workforce, they need to shed around 20K more worldwide but are delaying for some reason.

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Post ID: @ogs+1phz7fWs

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