Thread regarding Intel Corp. layoffs

Out of cycle pay raises rumor due to attrition and poaching?

I've heard some people are getting out of cycle focal raises up to 7% to bump them a little more towards the median of the pay scale for their job grade if they are grossly underpaid compared to market. May or may not just be an Oregon thing. The thought is that poaching is the motivator.

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Post ID: @OP+VFFCnsy

11 replies (most recent on top)

I got 20%

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Post ID: @8ixf+VFFCnsy

Ampere already took anyone with a shred of talent from JF4. Anyone who got a raise was dead weight to begin with.

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Post ID: @4tti+VFFCnsy

Not true about OR. OR got some. Most likely due to Ampere poaching.

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Post ID: @4tcb+VFFCnsy

Nothing for OR, all the money went to SC

Apple, Ampere and NVIDIA raiding that corpse of a company for Portland talent.

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Post ID: @1zkl+VFFCnsy

Not sure about OR but SC has had two back to back double digit bumps for EE and above .....

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Post ID: @1ujd+VFFCnsy

smart people are leaving for double digit raises, dumb--ses get paid more to stay and stink up the place even more 🤣

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Post ID: @xbr+VFFCnsy

Must be for director+ level. That talent can't be let go at any cost you see ☺️

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Post ID: @zpb+VFFCnsy

Yes, it’s true. We’re informing our direct reports this week.

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Post ID: @zze+VFFCnsy

You are probably not getting it then.

How low below the median pay do you need to be to qualify for it?

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Post ID: @ugc+VFFCnsy

If u don't get an email then what?

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Post ID: @rkn+VFFCnsy

emails have already been sent out if you are one of the targeted people

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Post ID: @gkt+VFFCnsy

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