Sure I dropped you a PM if you wanted to talk about it.

Well, I normally turn it off during the day, and turn it back on during the night
I find that tool useful to remind you to get a break?

Anyone interested in joining PSG's Analog Designer Role?
Looking for College Graduate (GT --> Perm BB) role.

My team has an opening. Drop a PM if interested.

kek. this is just fear mongering attitude.
Anyhow, if they can fire an employee because of that or give a warning letter, and the employee put it out online.

Project kena halt if they are key person to a project.
Very annoying for those people who do scripting halfway with the flow and get annoyed by this.

Just know when to turn off and on. When the higher ups aka HR and Management question they will know what they doing is bad

Well GT to Perm BB is considered as Internal Transfer, not related to hiring freeze based on Pat's words.

I think this very hard to say tbh. lmao.
Unless you go to Singapore work as fresh grad, already SGD $4500 min. at Micron.

Well I guess Intel Malaysia should really keep their employees together from their Good Place to Work program and be more vocal and active.
Otherwise, braindrain to rakan AMD @ Bukit Jambul (Equatorial Hotel) or people lompat to Singapore for the exchange rate. Albeit kennot get car. Unless you plan to purposely make a U-Turn at causeway every week (based on what I read online).

I don't think there will be a downturn for Semiconductors industry. People are still data hungry and need to be online, making Server Chips and Licensing IPs should be favourable.
You should be worry whether Voluntary Separation Package (VSP) with certain projects being killed...

Just curious where you get your news tho? I don't mind spend some reliable websites to read trustworthy Semiconductor Industry news and speculations.

Intel's CEO will take a 25% pay cut, as the company attempts to compete with global chip manufacturers and prevent further layoffs
Aidan Pollard Feb 2, 2023, 12:51 AM
Pat Gelsinger
Intel CEO Pat Gelsinger is taking a pay cut. Business Insider
Intel's CEO and members of its executive team will take pay cuts of up to 25%, Reuters reported.
Intel told Insider the company is working "to reduce costs across the company."
The move aims to free up cash for investments in line with company strategy, Intel said in a statement.
Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox.
Email address
Email address
By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy.
Intel's CEO and its executive leadership team are taking pay cuts of up to 25%, as the company attempts to navigate a shaky economy and avoid further layoffs, Reuters reported.

A spokesperson for Intel told Insider the company has made "several adjustments to our 2023 employee compensation and rewards program," part of a larger effort to "navigate macro-economic headwinds and work to reduce costs across the company."

"These changes are designed to impact our executive population more significantly and will help support the investments and overall workforce needed to accelerate our transformation and achieve our long-term strategy," the spokesperson said.

Intel's chief executive Pat Gelsinger is taking the largest cut at 25%, while other higher-ups will have their salaries reduced by 5%, 10%, or 15%, per Reuters.

The move announced Tuesday comes as Intel's stock continues to slump, after the chip manufacturer's value was halved in the last year, Bloomberg reported. The company's stock has been volatile in recent weeks, after recovering somewhat from a low last fall.

It also comes as other companies opt for executive pay cuts in an effort to prevent mass layoffs. Among them is Apple CEO Tim Cook, who is taking a 40% pay reduction this year, according to documents filed with the Securities and Exchange Commission earlier this month.

Still, Intel hasn't been totally impervious to layoffs — the tech giant warned California officials earlier this week it plans to layoff more than 340 employees from its Folsom campus, stating it is "identifying cost reductions and efficiency gains," per local outlets.

Intel predicted one of the worst quarters in its history last week, as the PC market cools following years of growth during the pandemic, according to Bloomberg.

The pay cuts aim to free up cash within the company to be invested elsewhere — with the aim to save up to $10 billion per year by 2025 — as Intel looks to build new manufacturing plants in the US and Europe, seeking to compete with chip manufacturers in Asia, Bloomberg reported.


https://www.businessinsider.com/intel-ceo-t...-layoffs-2023-2


Feels on the current tech layoff (CPM) and budget cut situation?

This post has been edited by iSean: Feb 2 2023, 04:42 PM

Layoff again

https://forum.lowyat.net/topic/5378100

Just very lucky dodged a bullet
D**I group was planning to layoff 5%... (200 ppl).

anyhow seems like Intel is hiring staffs for Pelicans, if you're interested and wanna do referrals do let me know.
I give some kick back to you

Hi just wondering what is the pay raise here like in Intel?
Heard other companies in KL doing 5% yearly...

that salary cut was restored in Sept/Oct? No?
But yesterday's night Patt macam mentioned Intel finally breakeven for Q3 2023.

So hopefully is just good news after so many CPM uncertainties.

I find PESG macam like Intel Tools maintenance and development house.
Where you guys can lompat outside of Intel?

Joining intel, everything seems like a niche market, and everything so locked down.

PSG has shaken.... V....S...S...

Depends how you get rejected.
They give you a link, when you clicked enter, and tell you straight in your face, you're not eligible.

Otherwise, you applied all the way through and get filtered by some HR I guess...?

I did not apply since I just 2.5 years working in Intel. (1.5 years in PSG)...
If I go, package doesn't sounds too good. Despite getting 2-3 months salary
But unable to be in Intel for a year.

So far I like the company. Just abit tiring with the VSSs/CPMs happening throughout 2022/23...
If I get CPM/VSS not sure where I'll be next

Since I feel everything now I do is just half-bucket of water.

Well, hopefully this year no more funny pure Austerity Measures despite with Pat's directions on going goals of "Lean Spending" and "Hyper-Efficient Operations"...

Oh yeah, realized Intel yearly salary increments happens only in April... Hopefully it is a good one...

Seems both are Green Badges.
Not sure why you wanna be one of them.

Can't use our coffee machines. Can't buy ESPP stocks.
Other than that everything is normal or lesser specific benefits.

Majority still WFH.
Just certain days MDC come, alternative days Altera folks come.

Still waiting PG17 news. Feel tak sempat until 2025.

any mentioned about duration of the contract?
Or are you used to the idea working from contract to contract?

Not sure is it me... I opened LinkedIn... Saw lots of Software Engineers leaving Intel recently.