Hardware design job with 6 YoE. I think I'm getting a lowballed offer ,but is the semiconductor market really bad now?
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A job offer at 10% less is still far better than no offer at all. In today’s market, many talented folks haven’t received anything, so if you have an offer, realize you’re already ahead. Companies know Intel folks are in a tough spot, and that gives them leverage to offer lower compensation. In fact, some employers openly avoid ex-Intel candidates—unless they come cheaper than others. It’s not fair, but it’s the math they’re doing. Take the long view: get back in, prove your value, and rebuild from there
@OP you can ask manager to be layoff and get package which can compensate your 10% loss easily. In Intel anyway, you won't get good bonus in the near future so you might lose more than 10% if you stay in Intel
Sociopath
10 percent sweet deal. U can gain it back
Looks like the Quitter Troll has found a new twist to his neverending saga of trying to leave Intel.
I suspect he doesn't even work for Intel, not that it makes any difference.
10% reduction is good for these days. Pray you don't have to look again for a while.
I think it really depends on your area of expertise. I left with a 26% raise but had to move, they did offer a 100k signing bonus to do so, effectively making up for RSU vesting and catching up with the new company's program. I look at it as a lateral move given the geo delta, but happy with the outcome.
No brainer. Take it! Intel might be getting prepped to be chopped up to sell to private equity. If you think work environment is toxic now you ain’t seen nothing yet.
Take it. The tech industry is saturated with layoffs this year and still spiraling from last year cuts. Take this job until you can find something else. Check out this list of 2025 tech layoffs | TechCrunch https://share.google/dSyaT1GuVByImL1aj
Take it and run. Good for you! And good luck!
I am taking 50% pay cut. Happy to have a job though.
The paycut will follow you for years and will likely not be earned back.
Some folks are able to pull off a bit raise in year 2 or 3, but I suspect they are the outliers.
Then again, -10% is better then -100%.