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by mattst88
1340 days ago
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Ouch. Very sorry for those affected. I worked at Intel for >8 years, and I still have a lot of friends there. I have little faith in Intel's management. They apparently plan to continue increasing their dividend payouts, while cutting back on investment in fabs according to https://semianalysis.substack.com/p/intel-cuts-fab-buildout-... ... and in the context of the recently-passed CHIPS Act... I wish they'd be more of an engineering-driven bottom-up company. IMO there's a huge company culture to contend with that is primarily top-down. So much scar tissue in the company prevents changing things for the better. So many good people capable of making these sorts of changes get burned out and leave the company. Intel's compensation compared to FAANG certainly helps to push people out of the company. |
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