Dear Intel Employees,
Took retirement after ~30yrs. and immediately started working for another company. My stress level has significantly lowered. For that reason, I am far happier than at any time at Intel. Let me tell you, skills you get at Intel are in demand. You will find a job quickly if you want. Intel paid me so so, but in my time stock was doing very well. So I decided to stay. Could hit my 1st million in the 1st 10 years. You get the idea. But now, Intel is in decline and will not do as well. The gross margins of 65% of microprocessors are history. IOT is really the old embedded business under a new fancy name, a low margin business. Intel missed mobile revolution (Apple et el). Too late in graphics (Nvidia). Laptops are commodity. Servers are going to get a run for its money by ARM. The high tech industry is de-centralizing, exactly reverse of consolidation by mergers. So mergers are not going to help Intel. Remember DEC, IBM, HP, Sperry, CDC, Sun, and the list of companies that declined goes on.
My suggestion to you is not to waste your time feeling bitter. Or feeling ill against management. The severances they give is second to none in the industry. Instead focus on your skills, finances and health. Save as much as you can. No body will bail you out when your time comes. If you are not happy, my suggestion is to go join a company that is still in its infancy, something like Intel was 30 years ago. That way you have the benefit of rising stock prices.
I hope you find this note useful.
All the best and good luck!