Intel

• Big company = lots of roles to explore.
• Some interesting innovations happening around the company.

• A big company means you, as an individual worker, are insignificant to the operation of the corporation. There's also a lot of hierarchy and internal politicking.

• Many lame projects are happening all over the company.

• This ancient giant has been receding in profits, thanks in part to its "fixed-cost" accounting model (not sure if GAAP or non-GAAP). So, for the past year and a half, they've been scheming how to pinch pennies and keep their reported quarterly profits appearing non-negative. Unfortunately, due to the said "fixed-cost" accounting model, one of the few things they can adjust to reduce forward reported costs is to reduce total company expenditures on compensation. This is done either through bonus/salary cuts or "corporate people movement" of thousands of workers off of the payroll and out of the company.

• Rather than fully embracing the rapidly growing trend and need for general-purpose CPUs being accelerated by more specialized and efficient coprocessors (e.g., FPGAs from that company Altera, which you all bought a few years back), Intel's leadership under Pat Gelsinger has decided to press forward at full steam towards becoming the TSMC of America and Europe. This is instead of truly competing with the modern Tech Giants of NVIDIA & AMD, who now dominate the processing IP market.

• Instead, Intel has decided to divest a non-controlling stake in the ownership of Former Altera (The Programmable Solutions Group, or PSG, as Intel so cleverly named it with their acquisition) to the public. This is in order to raise funds for Intel-main. Their strategy is to leverage the most profitable pieces of their conglomeration into "separate" (but not independent) companies. This allows the public markets to support those effective pieces without having to buy into the stagnant INTC main stock.

• Besides spinning off the useful pieces of the corporation as contractually Intel-dependent side hustles (rather than truly integrating them into core operations), they are also selling them for their "parts," so to speak. They sell off tech campuses which have housed dedicated employees for decades, without a worry in the world for what this might do to their lousy workers' lives and morale.

• In fact, anyone who doesn't seem up to snuff to handle such rapid and unpredictable changes is ripe for the chopping block, as the company continues to hunt for any excuse they can find to cut more workers from their books.

• Intel will be looking to hire thousands of "new" workers in "new" jobs they will create, but don't expect a fancy tech salary, as those will not be offered to the construction and mass Fab roles they will be trying to fill in Ohio and Arizona.

• Hopefully, their CHIPS Act funding doesn't fall through with this next elected cycle of government.

Actually care for and about your employees; not just about whether their profit/salary ratio is healthy enough for the struggling company, but how corporate decisions and moves actually impact the lives of the people you allegedly support.

(For example, don't force a new hire to move across the country for a role that could've been remote the whole time, only to turn around and snipe them a year later after you rustle them up with office closures and lacking guidance.)