What are the chances of getting cut in QPB and APB? Any insights?
4 replies (most recent on top)
I'm guessing 40% but only because the board gave it to us. We don't really want it but hey, we're still only paid at the 50th percentile. Either that or $25 million.
Next qpb will be close to 0 as profit will be close to 0 after writing off cost of layoffs.
In the old days when engineers and management had skill it made sense to work more and pay less. These days there is more value in layoffs than salary cuts, LOL
Possibilities are endless 😂 at this stage.
Though I am not expecting anything for the Q2, the kind of scenario I like to envision include BK announcing how efficient we have become due to the wastes removed 😂 ha ha !! ha ..unlikely i know..
I try to be a realist 😉 positive.. either way whatever happens, happens !!
Most remaining Intel staff would prefer to have a job without QBP than be unemployed ..
What's more important and what we should consider here is ..
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whether the EXECS will enforce the same cuts on themselves ?? Execs usually have hiring terms which dictate they must get a bonus.
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