Thread regarding Intel Corp. layoffs

You will be happy to go.

Intel is an old creeky company weighed down by the x86 monopoly that has poisoned most of the senior management. Sadly Moore's Law is done, x86 is a shrinking market and Intel's strategy are not going to ignite growth, and worse of all they will loose the silicon technology node at 10nm and with the loss of the virtuous cycle never regain it again.

Get out!

Oh, I'm sure he's going to cry over that @1lzu. eyeroll Once he gets a taste of the other side there is no way in H3LL he'd ever consider going back to Intel. Believe.

BTW.... I doubt you're his ex-mgr and just another 4ssh0le on this site.

I am OP's SC manager. We are rescinding your counter offer and have entered "No rehire" into your employee records. Your announcement and discussion of your employment status on this forum violates the Intel Code of Conduct.

Op here ok I am going to take new Job, not going to ask them for more money. The Job is more fun, I am already reading and learnjng, they have been sending me stuff to read and asking for feedback. Also I get a nice office rather than a cube, their admin emailed and asked what kind of chair I wanted. I get the feeling I will be going in on Weekend because it's interesting. The whole team is really engaged. Thanks all for input, good luck

+1

My entire Intel career - from being recruited away from a good job to Intel to start a team to being ISP'd for getting an SL4 for being "new to Intel" was < 2 years.

I made the mistake of believing anything that my managers or HR told me.

"The same HR now offering you higher pay will be walking you out the door in 2 year's time. I agree with the post that once you've decided to go (otherwise why would you interview ? ) it makes no sense to accept a counter."

The same HR now offering you higher pay will be walking you out the door in 2 year's time. I agree with the post that once you've decided to go (otherwise why would you interview ? ) it makes no sense to accept a counter.

Take the other offer and use intels as leverage. I have a friend who quit Intel twice - the first time she gave 2 weeks notice, and HR promised gm arduous things (transfers, new manager, other things to alleviate her reasons for leaving) and then rescinded them within a few weeks. So she quit again, and just took vacation for her two weeks notice. Don't trust HR is the moral of the story.

@J8mONap-1dmc Well said!!!

It never makes sense to accept a counter offer from the firm you are leaving. There are plenty of studies that have been done on this, check out HBR n Forbes. Your high base pay would be a reason to give you a lower hike/ stock level next time and its subsequent consequences... Intel can easily backfill your position internally. Embrace the change, move ahead and best wishes in your new roles.

Sooner or later HR, your manager, or their bosses will forget Intel counter-offered to keep you. Then they'll resent you for negotiating a better deal and fire you.

If you stay now at Intel you'll be out within a year. You only get to pull this stuff one time.

Are they also advancing you in grade? If not, your (new) salary is going to blow out next year's focal -- you will have maxed out the salary range. What do they do with you? 0.1% raise? No raise?

How about your bonus target? As you advance in grade, the % goes up. Usually it's best to have a high bonus target (as there is always a chance the performance blows out the targets and the multiplier is high).

Look at the managers around you. If your manager leaves, are you screwed?

Really sorry to hear that @1dzn. :( That really s*cks. :(

If someone's really hot sh*t he wouldn't even be on this site.

"So you want more money and less stock options?"

"Sure, I said to my manager. "I'm saving for the down payment on a house and need cash sooner rather than later." OK then.

S/SL4. Walked out on ISP.

To the OP: If you're really that hot sh*t, then tell the new employer what Intel is doing to retain you. Ball is in their court. I'd get out of Intel sooner rather than later.

So you aren't happy and somehow this new offer's gonna make you happy?

What are ya stoobid?

OP - looks like you are inclined to prioritize "interesting job" over money. In that case, the choice is clear. Also consider current and future situation at Intel - things are not getting better for the next couple of years- what are your career growth prospects if you stay vs. go?

@Mao my point exactly you did not graduate top of your class, save money, be white, and like teaching he is a honary Chinese.

I'm white and I save money. I retired a decade early due to that so you're overgeneralizing @pdt

Op I think you pulling everyones leg....first white guys are not ever the top student especially if Asians are in your class. Second white people never save money.

No I am a white guy, though did graduate top of my class. All the Chinese, Vietnamese guys kidded me I was not white. Grad school there were only 3 white guys, mostly Asian. Not too worried about layoffs have enough money for 3 or 4 years. Would probably take a huge cut and go teach at a second tier or private University. Missed tenure track rat race.

Run!

You a URM or TF employee?

Only you can decide what is most important to you, money, interesting job, career trajectory, or size, stability and future prospects of the company.

Jobs for good quality people in the bay area is great, you have a skill that is easy to move from one company to another than likely it will be there again later, but then again if Intel laysoff a bunch and the market soften who knows.

I had the choice of several jobs a couple that paid more than 30% more than my past job at Intel, I ended up taking a job that was less paying for job satisfaction.

You only live once, there is rarely a rewind for life's joys be it car, home, time with family etc. but also if you stay and the company goes thru additional restructuring you'd be better off to leave now versus later.