Thread regarding Intel Corp. layoffs

Remember: Intel has benefits & perks!

Benefit Description
Unique Perk Free HDCP
Unique Perk Family Care - Child care and elder care programs that help employees care for their families through access to facilities, resources, financial assistance.
Unique Perk Additional Leaves - Intel supports multiple leave types: family, medical, and military.
Unique Perk An Extra Vacation Boost - Exclusive discounts and travel perks to make time away from work more affordable and enjoyable.
Donation Match 100% match. Up to $10,000 matched
Volunteer Time Off $10 per hour
Employee Discount Offered by employer
Tuition Reimbursement Tutoring, college coaching, and scholarship opportunities for children.
Employee Stock Purchase Program (ESPP) Allows contributions up to 10% of base salary. 15% discount on purchase price of stock
401k 100% match on the first 5% of base salary
Roth 401k Offered by employer
Mega Backdoor Roth Offered by employer
Flexible Spending Account (FSA) Offered by employer
On-Site Laundry Dry cleaning
Adoption Assistance Offered by employer
Remote Work based on team
On-Site Car Wash / Detailing Offered by employer
Company Phones Offered by employer
Relocation Bonus Offered by employer
Immigration Assistance 100% paid by Intel
Fertility Assistance Offered by employer
Military Leave Unlimited leave with differential pay
Business Travel Insurance $800k life insurance
Free Breakfast 5 days a week. In some locations
Free Lunch 5 days a week. In some locations
Free Dinner 5 days a week. In some locations
Free Snacks Offered by employer
Free Drinks Offered by employer
Gym On-Site Offered by employer
Gym / Wellness Reimbursement Offered by employer
On-Site Fitness Classes Offered by employer
On-Site Clinic Offered by employer
Health Insurance Estimated Medical Value $19k / year
On-Site Mother's Room Offered by employer
Gender Neutral Bathrooms Offered by employer
Custom Work Station Offered by employer
Life Insurance Free, 2x salary
Dental Insurance Offered by employer
Vision Insurance Offered by employer
Health Savings Account (HSA) $0 per year contributed by employer
Disability Insurance STD; LTD: 65% of earnings tax free up to $20000 per month.
Accidental death and dismemberment (AD&D) Insurance Free, 2x salary
PTO (Vacation / Personal Days) 20 days
Sick Time Offered by employer
Maternity Leave 12 weeks
Paternity Leave 12 weeks
Employee Assistance Program Offered by employer
Sabbatical Offered by employer
Company Shuttle Offered by employer
Transport allowance Offered by employer

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| 191 views | | 10 replies (last 28 days ago) | Reply
Post ID: @OP+1m4qg8p3e

10 replies (most recent on top)

@OP the haters can't take the fact that Intel is actually a pretty good employer.

Poorly managed in the past, but getting better now that LBT is doing the right thing(s).

Expect improved product decisions and an organization which gets more lean as time goes on.

The layoffs are fixing the excess capacity and nonprofitable activity that was overwhelming the company. These are common issues at previously successful tech companies, and LBT knows how to make it good again.

Not that those let go are bad or poor performers. For the most part they were just not needed. The long-standing strategy of holding excess capacity was the issue and LBT is in the process of eliminating that, group by group.

Those let go should just move on and find the next job. Those who are under something like 35 should consider whether they want to continue to work at a company going through this transition, as it may last most of their remaining career.

But the pay and benefits are better than the options available to most workers, who should just focus on adding value regardless of what company they work for.

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Post ID: @s3+1m4qg8p3e

Anymore offsite quarterlies? Holiday parties?

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Post ID: @hr+1m4qg8p3e

This is probably the “I don’t believe…..” Intel HR shill

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Post ID: @g4+1m4qg8p3e

@OP Everything Is Awesome!

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Post ID: @fz+1m4qg8p3e

where I work, we have an onsite Father's Room

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Post ID: @fa+1m4qg8p3e

Useless benefits and perks for layoff people. Why do you post this here OP ? Id--ts like you should be laid off from Intel. Bring them back to Intel site to remind id--ts still stay there

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Post ID: @eb+1m4qg8p3e

I've been working for Intel for over 10 years and never used any of them.
95% of them are completely useless.
Paternity/maternity leave? C'mon.
Pay extra money to your employees instead of wasting money on "perks" that are useless.

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Post ID: @dr+1m4qg8p3e

Are laid off employees still getting these benefits and perks?
Why Intel id--ts post on layoff.com such stupid things?

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Post ID: @bk+1m4qg8p3e

Many of these are outside the US

  • no car
  • no phones
  • no transportation
  • no breakfast lunch or dinner
  • no snacks
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Post ID: @ae+1m4qg8p3e

Hey @HR - we appreciate the reminder. We appreciate the perks even though they've been eroding for years now. And yes, we'll still continue to bi--h on TheLayoff.com though...

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Post ID: @a1+1m4qg8p3e

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