Until now, the retention hotline was made available to only URM employees while good non-URM employees were being walked out. Now it is available to all employees and emails arr sent to use retention resources saying "retaining telent is very important". Why would anyone believe this? It is so disgusting that mgmt thinks they can manipulate us like circus animals whatever way they want. Torture, threaten one day and then throw some food to make us jump through hoops. Is this what you mean by "dignity and respect"? F@#& U BK and f@# your entire mgmt team.
7 replies (most recent on top)
J4IKGio-cmu I hope those still there are pro active! I was lucky and walked away with a years of salary, two years healthcare and almost 200k pension.
Intel was very generous, stupidly so. They don't know how ugly the next two years will be. I expect layoff packages going forward will be stingy by comparison. Those still there better actively look or be flailing in the water with thousands of others as the titanic slips under as they struggle at 10nm
Most folks I know are waiting for their separation package instead of just quitting and getting another job.
Intel has 0 growth.
Why would talent want that?
No growth means limited opportunities for advancement.
Beat retention is a fair focal system and if and when you do layoffs you are above board on it and the criteria.
When you secretly lay off and for example senior people walked with one SL4 that down at make for good reputation at all.
Then the company tries to hide it in the name of respect for the individual is just BS. Employees hopefully see what an aweful place it have become. Didn't need to be but mismanagement of decades creates that!
Hope everyone there knows what the real situation and how grim the future is there, LOL
@J4IKGio-cxy. Gold post. I'm also noticing among young people I know that Intel is not a place they are interested in. I've tried referring them and, even before ACT, they have declined and in fact contempt for the outdated Focal process is one of the reasons. The other reason is Intel is trailing edge technology with Moore's Law played out and x86 just archaic. This is painting with a broad brush, I know. But I wonder if Intel's reputation is so in the toilet now that Intel can no longer attract the top tier of graduates from U.S. schools. Add the poisonous culture and bone-headed peanut butter approach to the HC reduction, stir in a little H1B abuse and heavy-handed 'diversity' selectivity, and GPTW becomes laughable. I'm actually surprised glass door still shows positive reviews for Intel, unless those are HR mole posts.
My suspicion is that if the exec management changes, they will eliminate the "no rehire" policy for ISPs etc, only question is will this happen in time before things are at an irreversible point? I don't know if that point has already been reached. I am seeing now folks fleeing post ACT as soon as they find another job...
@J4IKGio: The reality is they're probably starting to realize that they've kicked a hornet's nest. ACT, threatening emails, etc., etc... Intel upper management was/is too stupid or too arrogant to understand that this is not how you attract or retain talent.
I think everyone can agree that the layoffs had to happen and were a unfortunate necessity. The problem was the manner in which they were executed. Constantly changing the "performance" criteria, perp walking people, no rehire clause for ISP, threatening emails for VSP, etc., etc.
I know plenty of people who are still there and they all want to bail. So my guess is management is trying to stop the blood flow. Too little too late.