slight different compared to last round

thats all i can share ..for now

vapanel

wait for awhile more .. i need those external news to "save my ass"

if i share more later those newspaper person take my quote then HR director will asura strike me

This post has been edited by fantasy1989: May 9 2023, 08:01 PM

actually is kind of expected 1

thats why those lead or manager folks get early pay cut at early/mid of Q1 2023 https://www.semianalysis.com/p/intel-cuts-p...tm_medium=email

This post has been edited by fantasy1989: May 9 2023, 08:33 PM

think it in another perspective

if you dont keep it rolling..we might not still seeing ~USD30 today

it might dip all the way to USD20 because "we dont keep shareholder happy"

that time employee holding RSUs will "rugi" even more


just like if employee A holding 1000 unit of RSUs aka 30k USD ..become 20k USD

This post has been edited by fantasy1989: May 9 2023, 08:46 PM

but with this ; atleast now we dont see any big movement on stock (yet) ; although they claimed biggest loss in history

if normal time ..stock should went to holland (especially US stock)

if u ask my personal opinion ..if stock dip 8% ..my realized loss for upcoming stock is more than this few month punya salary cut

no comment yet

relax...

But the other day say wanna remove cut by Q3 
>Yup


as long as you login with your inhell pc before ..they can know (especially if your comment reach legal team)

unless u been 24/7 using incognito mode to see lolyat for your entire career

>If u say abit different, last time is grade 8 n above, now is what 7 and above?
Just see that website detail for reference https://www.semianalysis.com/p/intel-cuts-p...tm_medium=email

This post has been edited by fantasy1989: May 9 2023, 09:25 PM

>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


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

they prefer stagnant and routine job
in the end they become essential and not getting prioritize employee

quite normal on manufacturing side

yup..unless u move to non technical roles like hiring manager ..lab manager etc ..then maybe still can "cari makan" sikit

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

if 50 or 50+ then happy

but if early 40 and not technical enough will stress gila

still got..

now we know u from which org

yup

depend which "kampung" you stay

organization

inside intel got many organization..some org expand

some org cut

it depend on how they adjust their business strategy


just like
if company A decided to focus on chip design then outsource to tsmc ; then R&D hiring , manufacturing potong
if company A decided to focus on product shipment and adopt external design; then manufacturing hiring/expand , R&D cut


This post has been edited by fantasy1989: May 11 2023, 10:11 PM

no longer the case

especially hired so many foreign talent

many whole family come to malaysia

This post has been edited by fantasy1989: May 11 2023, 10:17 PM

Ya

but usually that is their stepping stone only

once they found US headcount they will k bye

always remember how to run to bunker

>they dont hire a lot of local.

do you have data to backup your claim?

although they got bring in some foreign talent ; but malaysian still a lot la

This post has been edited by fantasy1989: Jul 15 2023, 05:26 PM