Don't listen to fairytales about people who left and found some magical, higher-paying, perfect job. Yes, it can happen, but it happens to very few people. The overwhelming majority will have to face a hostile job market where employers lowball salaries and ghost candidates left and right. Don't fall for it.
18 replies (most recent on top)
@cw How is this different than any other corporation?
@ad If Intel lays off 20% of the current staff, which is unlikely, 80% still have jobs. If you go to a new company and they have layoffs you are the new and untrained person aka layoff target. Look what happened in the markets today. Look around the world at all of the problems that could get exponentially worse. You will probably be better off riding it out here until the economy improves. Be careful of interpreting the information the Government publishes. They report to a guy who doesn't like bad news. They tell you the economy is expanding but large companies are delivering poor earnings and forecasts. Everything costs more and there is no relief in sight. The elections next week aren't going to fix anything. It will probably get worse.
@c0 Not likely, I own my house free and clear.
Intel people are working like a slave. Or even worse than a slave. You are on the chopping board and will get cut any time. Just a few people can cut the thousands at free will.
You always can try to flip a burger job interview first and if that fails then you can stay at Intel for sure OP.
Not true. Intel pay is complete garbage. Even some small startups pay better.
And of course it's not even nearly comparable to other big tech companies.
However, one thing to point out, this current economy and job markets are total garbage too.
Microsoft is laying of 27% now (60k employees).
And it's just a start. 90% will be laid off by 2030 from all tech companies anyways. That's the current plan.
You are going to loose your house
Complete skill issue if you believe this lol
The reason you won't find a better paying job is because Intel makes agreements with the other Big Tech companies not to hire each other's employees. They will even send you a tiny check not to sue them if you find out about it!
I can attest to this. I have had at least 3 companies unable to match - let alone - beat my current salary this year. It surprised me, but I think it's the "Facebook" or "LinkedIn" effect that we think that someone else is doing better than we are.
OP says this like only Intel pay better than everyone else so you should stay even Intel wants to lay off.
OP says this like its a bad thing.
@ad I don’t know… the last time someone called others incompetent and lazy, it appeared they were looking at their reflections in the mirror. But updating resume for the inevitable seems like a good idea for all including Intel ex wife.
Of course you always can get a better paying jobs and culture somewhere else OP. Please stop the lie and BS from an incompetent lazy people from shitTel
Doesn't hurt to get your resume up to date, try applying, and even go on some interviews.
Worst case, you lose some time doing that. Best case you secure an offer above your current compensation that you want and you take it, and second best case your resume is up to date and you have practiced interviewing and are prepared for when you are inevitably laid off.
Exactly stiff upper lip now chaps! Eat their sh-t and don’t forget to smile and thank them and ask for more!
It is still better than stay at shitTel place where your future will be laid off for sure.
Exactly, this is not the time to job hop! The job market is not currently as it is painted to be. You would be competing with all the laid off and future laid off employees. Instead of following the crowd as usual, think of what is best for you and your families for once.