Should not we consider Intel though billion dollar investments has been executed as well as a plan to beat Samsung and TSMC in next 3-5 years? I am confused. There is a say, Intel will regain their throne to claim as a industry leader. I planned to start now so that in next couple of years can experience the journey with Intel to sustain their legacy and heritage in chip design and manufacturing industry. Please help me with valuable guidelines. Thank you.
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Remember that most people here were layed off in the early 2000s and they are still here and still bitter about it. A company is great if people hang out in a forum 10 or even 15 years after being let go. Intel is a great company and what an opportunity to have RSUs priced so cheaply. Intel will achieve parity and IDM 2.0 will be successful. Please don't listen to the sad people who can't find as good of a job for a decade or two
@1toy+1kcXRbne Thank you
Hello all, just following this interesting thread. I have a question- any legit feedback will be appreciated. Does Intel hire a candidate who has US Master's degree with 5 years of US job experience at Grade 6 by chance? In such case, any baseline suggestion of the benefit package? Thanks for your time.
@1vda+1kcXRbne
What was Intel’s competitive advantage when it was on top of its game?
It was the virtuous cycle of PC demand increasing, which fed into better fabs which kept Intel on top. Once PC demand stalled - somewhere circa 2012, you saw the wheels come off. The virtuous cycle was broken.
Intel focused more on costs and accounting games since growth was gone. The market was saturated. Necessary risks and investments in fab were not pursued ( like EUV ) since they were too expensive to justify ROI in a flat market. Recall the overcapacity problems of that era. Intel has struggled for 15 years to enter new markets, only to fail due to rigid culture and arrogance.
The fundamental problem of PC market saturation has not been solved all of these years later. Intel needs a new, very large silicon market to reclaim leadership. It missed mobile phones. It missed the GPU/AI revolution.
Now its only shot is to fab for these big fabless players. However, you need big bucks to play that game. Huge sustained investments and no customers in sight. TSMC and Samsung are way better capitalized and have huge tech ecosystems and economies of scale that will be very difficult to overcome.
Intel couldn’t do it alone and needs government funding. We all know how most government programs turn out…
I don’t follow the logic of - we were on top before, therefore we will be on top again. It’s a totally different game and radically different business model. It requires not only technology, but a cultural shift.
Remember when Michael Jordan tried to play Major League Baseball? Sure he was awesome at basketball, but was really bad at baseball. That’s like Intel entering foundry.
@1boo+1kcXRbne WTF is wrong with you and why still at that $hit show?
I'm a R&D G5 engineer and my base pay is 95k. D
More or less all big companies including tech giants have seen good days and bad days. With due respect, I am wondering to know why people think Intel will not comeback as a leader? They run the show for almost 4 decades and the challenges triggered at extremity during pandemic situation. Even if they can not retain title for industry leader, it's possible to get a significant recovery as well as to fight back hard for their reputation. Across the globe, Intel is a synonymous name of semiconductor industry even at today's date. I read the original post and believe that no reason to be too pessimistic about Intel until unless industry competitors are really insecured thinking about Intel's future roadmap. Big players know- how to overcome the challenges, nonetheless, to change the game in their direction. However, for the job seekers it's obviously advisable to search around for better opportunities and don't get stuck due to any roadblocks. From business stem point, organizational behaviour may change at one point but the trait of a true iconic company is hard to be lost, they will show their strengths when it's high time. Never mind, but that's what I feel about any legendary company.
@1mwn+1kcXRbne Don’t be stupid, many other companies can and will offer immigration if you have the key skill.
Intel loves to lock people in. People get trapped because of immigration or family and then must work on a sinking failed ship.
Look hard for other companies!
Folks, thank you so much for the cordiality in order to help me understanding overall employment situation at Intel. I appreciate the information regarding potential compensation package. Also, all the encouragement and guidance showed me enough fulfillment to think in the right direction. For me it's really important to start with them due to financial and immigration situations. It's an iconic company, possibly in future that name will endorse my credibility and I will grow better as an engineer with other employer. It's my humble opinion but definitely will keep the advices in mind.
GR5 say base 130-150 and stock and bonus should be 30-50k per year.
Why join a sinking ship regardless if they pay you more. Intel isn’t a leader in anything but wet dreams
If you don’t have any other offers and need the money then take it but keep interviewing. If you get a new offer from a better company take that job and don’t put intel on your resume. Don’t stay at intel any longer than you have to. Best of luck.
Offer package has not discussed yet, but HR confirmed offer. I will appreciate if someone give me a guidance for G-5 process engineer role compensation package. I have US Master's in EE. Currently I have no clue of Intel benefit scopes. Your feedback will help me to decide my future career better. Thanks to all of you.
Avoid no-growth companies.
How much RSU given to you on a our offer?
Always difficult to make career choice like this. First, decide if you think that Intel can succeed. If you feel Intel can't succeed, you will not do your best work from them. You could easily fall into the group of 'quiet quitters' and that doesn't help anyone.
If you think Intel can succeed, just realize it is very risky. Hire on if the compensation package is sufficient to make up for that risk. If it is a weak offer, you may be better of taking a 'safer' job... with a more stable tech company for example.
For US master's, most likely it's Grade-5. Any suggestion for the ballparks (Base, Stock, Signing Bonus) as a Process Engineer? It will be a great help. Thanks
Which grade are you starting? What’s you base salary? How much stock granting upon sign on? What’s your sign on bonus?