Intel

It used to have Quarterly Performance Bonuses, a bonus QPB+ for top performers & good base pay.

Layoffs & compensation reductions. The company is gradually trimming bonuses and benefits for its employees (no merit compensation QPB & QPB+, no award recognition, 5% base compensation reduction, overall ~20% compensation reduction).

In fewer words, less pay for more work.

You need to do better planning for your positions and be straightforward and honest with the responsibilities of the work. I was hired to work in a specialized field, solving problems and building demos. I ended up being customer service for Intel general tooling with a massive amount of cases.

I lost my technical lead (no technical progression from here on) and was assigned all the tech lead responsibilities without an increase in pay (now with a 20% compensation cut).

Management expects us to get onboard with the program because "trust, teamwork, we're family & we're saving jobs." At the same time, the dividend for shareholders hasn't gone down.

Disappointing, to say the least.