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Intel Layoffs Announced For 2023, After Largest Quarterly Loss Ever
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loserguy
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Jul 15 2023, 05:56 PM
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QUOTE(soules83 @ Jul 15 2023, 05:49 PM) we should allocate that place of huge land for tesla mega factory Intel has always been a part of Bayan Lepas, Penang. They were one of the earlier factories to start in Bayan Lepas. Through the years they have employed many, many Malaysians. Many Malaysians continue to be employed at Intel today.  There is plenty of land and plenty of people looking for good jobs in our country. Tesla does not need to worry about space. It will be great if they decide to set up shop in Penang, but currently I think they are looking at Selangor.
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loserguy
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Jul 15 2023, 06:25 PM
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QUOTE(soules83 @ Jul 15 2023, 06:16 PM) and CPM mostly local kena. worked at a mnc before ya
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loserguy
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Jul 15 2023, 06:39 PM
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QUOTE(soules83 @ Jul 15 2023, 06:33 PM) not all mnc behave this way. Intel just one of the bad one. Most Mnc will reskill their senior talent when one department slows down and relocate them to another department by giving them time to reskill. But intel dont, they CPM or pressure you out while they open new department and hire foreigners. Personally, once you kena CPM, start reaching out to your contacts in other companies. Plan your exit liao, don't wait for the axe to fall. It is the same for all companies. Biasala, in your 40s?
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loserguy
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Jul 15 2023, 06:51 PM
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QUOTE(soules83 @ Jul 15 2023, 06:45 PM) Bear in mind Intel axe ppl faster than any MNC. And without warning. They axr one side and hire another side. Crazy man... From what I know, Intel is one of the better ones. Unless you are a real a**hole, your manager would have given you some hints or heads up during your regular 1to1 meetings. Can take that time to start putting out feelers liao.
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loserguy
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Jul 15 2023, 07:12 PM
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QUOTE(soules83 @ Jul 15 2023, 06:53 PM) dont judge the book from its cover and 1 case is not the same as another 100 case. If Intel keep thinking in this matter, very soon AMD and other competitors going to overtake Intel. Kepoci sikit. Is the offer gooding
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loserguy
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Jul 15 2023, 07:28 PM
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QUOTE(LinaFromJobstreet @ Jul 15 2023, 07:26 PM) Their chip always more expensive than AMD, how can losess billiun billiun ? Hi Lina can you please stop spamming my inbox. 60 yo ah pek tiada orang mau liao
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loserguy
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Jul 15 2023, 07:50 PM
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QUOTE(soules83 @ Jul 15 2023, 07:46 PM) i didnt dare to ask them. Depending on how long you have been there, might not be a bad thing  But biasala, those that want, cannot get. Those that don't want always get
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loserguy
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Jul 15 2023, 07:57 PM
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QUOTE(soules83 @ Jul 15 2023, 07:54 PM) eh come on, its not easy to get a job for a seniors you knows. especially those required reskills. Aiya look at your epf lor, some of those seniors can retire liao. If boring take the package go become hawker lor. Not all though.
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loserguy
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Jul 15 2023, 08:27 PM
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QUOTE(soules83 @ Jul 15 2023, 08:23 PM) dont forget why Penang giveup free trade port over FTZ. Im looking at the big picture. We give up free trade port so that FTZ can create job for the LOCAL. And now we are using our tax player money to fund foreigners job? hmm, if you remember that you should be around my age? Mahathir took away our free port and gave it to Langkawi, gave us the FTZ in return.
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loserguy
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Jul 15 2023, 08:34 PM
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QUOTE(soules83 @ Jul 15 2023, 08:31 PM) not dr m, our previous penang state minister lct requested ftz because he knows ftz will bring jobs to local. It take quite longtime to get this bargain. But now ftz purpose is blur already. can't really remember so long ago, but yeah I remember that. The FTZ was in return for the free port status.
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loserguy
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Jul 15 2023, 08:40 PM
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QUOTE(ipohps3 @ Jul 15 2023, 08:37 PM) vss up to 30 months only or max 30 years 🤔 /ktard all minimum 20k
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loserguy
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Jul 15 2023, 08:53 PM
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QUOTE(soules83 @ Jul 15 2023, 08:47 PM) I think now Intel policy is you being given short time to reskill yourself. if fail, they kick you out and backfill with foreign talent. Previous exercises was 6 months to 1 year to find a position somewhere else in the company, I think. Not sure about the foreign talent part.
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loserguy
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Jul 15 2023, 10:33 PM
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QUOTE(ipohps3 @ Jul 15 2023, 09:07 PM) still not a lot. 20k x 30 not even 1M It is enough to tide them over until normal retirement age if they so wish. There are many epf millionaires. Not including whatever stock options they may still have. Not as good as last time, but still...
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