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 Intel Layoffs Announced For 2023, After Largest Quarterly Loss Ever

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kaiserreich
post May 9 2023, 10:07 PM

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QUOTE(Capt. Marble @ May 9 2023, 09:45 PM)
Masih pay dividen and top guns still ambil bonus kan?
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And if your company makes a loss, you still get paid also kan?
ipohps3
post May 9 2023, 10:10 PM

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QUOTE(vexus @ May 9 2023, 10:07 PM)
intel penang project will delay & slowdown to conserve cash
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sos?
SUSrtk74
post May 9 2023, 10:11 PM

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QUOTE(vexus @ May 9 2023, 10:07 PM)
intel penang project will delay & slowdown to conserve cash
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QUOTE(ipohps3 @ May 9 2023, 10:10 PM)
sos?
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MrChubbyChocobo
post May 9 2023, 10:14 PM

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How's the severance package for mnc? How many months salaries
SUSrtk74
post May 9 2023, 10:18 PM

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QUOTE(MrChubbyChocobo @ May 9 2023, 10:14 PM)
How's the severance package for mnc? How many months salaries
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Can't fight O&G if you're not >10 years iinm
fantasy1989
post May 9 2023, 10:18 PM

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QUOTE(kopiride @ May 9 2023, 09:39 PM)
but those pay cuts and quarterly bonus etc, didn't save them anything? Now instead of cut pay become cut staff? those effected by the pay cut now get lay off ? That's like slowly killing you.
should do more pay cuts across for all grades what. And more pay cuts.
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>should do more pay cuts across for all grades what

hard la ..imagine grade 3 n 5 employee that having family ..suddenly chop u 5%

you will be surprised.. in Malaysia..there are many 40+ senior that is g5 g6 smile.gif


thats why only certain grade above kena

in Malaysia u still can choose to opt in or opt out (because of our local law) ; but US is terus kick in..US even slash your employee 401k (something like retirement fund)

thats why eventhough no layoff ..some ppl found job then also lari

This post has been edited by fantasy1989: May 9 2023, 10:21 PM
ChAOoz
post May 9 2023, 10:19 PM

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Took chips act money where can simply layoff us workers. Later kena drag to capitol hill again
ipohps3
post May 9 2023, 10:25 PM

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QUOTE(fantasy1989 @ May 9 2023, 10:18 PM)
you will be surprised.. in Malaysia..there are many 40+ senior that is g5 g6  smile.gif
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how come 🤔
fantasy1989
post May 9 2023, 10:27 PM

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QUOTE(ipohps3 @ May 9 2023, 10:25 PM)
how come 🤔
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they prefer stagnant and routine job
in the end they become essential and not getting prioritize employee

quite normal on manufacturing side
wagie
post May 9 2023, 10:28 PM

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ipohps3
post May 9 2023, 10:29 PM

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QUOTE(fantasy1989 @ May 9 2023, 10:27 PM)
they prefer stagnant and routine job
in the end they become essential and not getting prioritize employee

quite normal on manufacturing side
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ic. in rnd hard to be stagnant. 😂 always kena push even though liat. 😂 cuz always got new things to explore. never ending.

This post has been edited by ipohps3: May 9 2023, 10:30 PM
fantasy1989
post May 9 2023, 10:30 PM

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QUOTE(ipohps3 @ May 9 2023, 10:29 PM)
ic. in rnd hard to be stagnant. 😂 always kena push eventhough liat. lol
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yup..unless u move to non technical roles like hiring manager ..lab manager etc ..then maybe still can "cari makan" sikit
SUSrtk74
post May 9 2023, 11:32 PM

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QUOTE(fantasy1989 @ May 9 2023, 10:27 PM)
they prefer stagnant and routine job
in the end they become essential and not getting prioritize employee

quite normal on manufacturing side
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whats the diff between essential and prioritize employee?
lyekit
post May 9 2023, 11:36 PM

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Yea, just cut Intel Malaysia 100% and close down business here. Cost too high compare to other countries in same region anyway.
fantasy1989
post May 10 2023, 09:12 AM

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QUOTE(rtk74 @ May 9 2023, 11:32 PM)
whats the diff between essential and prioritize employee?
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someone that doing important or no ppl want to do punya job

but someone didnt plan to step up further like learning/owning new thing

in the end your manager will focus promotion to your friend that willing to step up n learn


thats why someone very hate/against towards automation or AI guy..as their routine job might potentially get replaced

This post has been edited by fantasy1989: May 10 2023, 09:12 AM
mick84
post May 10 2023, 09:16 AM

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Usually MNC layoff, their staffs very happy waiting for VSS. Especially those with many years. Some even ask their team lead to recommend them.

But this round not sure easy to get a new job or not.
Ayambetul
post May 10 2023, 09:17 AM

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Ngai tel liao
billy08
post May 10 2023, 09:21 AM

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i guess it is always the norm. save the top people by paying out BIG dividens despite the company BIG losses and cut the people at the bottom.
Dweller
post May 11 2023, 09:40 PM

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Foveros how?
carnby77
post May 11 2023, 09:42 PM

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QUOTE(IvanWong1989 @ May 9 2023, 06:44 PM)
So you wanna increase our unemployment?
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Mostly conquered by type of race in this company...so it doesn't matter

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