Intel

Stability is high, if compared to Israel's unstable job market. Very rare layoffs, substantial severance packages.

Engineers who are interested in maintenance/operations will find this place at the edge of excellence in these areas.

One gets to travel and visit other parts of the world (relocations, business trips).

Dull gray work. After you learned the job, your learning curve stops. Technology is developed at the R&D site. As an engineer, you only copy the parts of the process that were delivered to you.

Technology transfer is done at the R&D site (Oregon, US) from local R&D process engineers. The attitude of the place is awful. Israeli engineers who perform the tech transfer are treated as a liability at best.

Engineers lose their original proficiency and expertise in a very narrow area as equipment sustaining engineers (not R&D). Thus, they have a very scarce ability to find employment outside of Intel (especially after a decade of working there).

A lot of functions do not require high-profile workers. Myself, with a BSc, was responsible for a toolset that was more sophisticated than one that had an engineer with a PhD.

Low base salary. There are stock plans and bonuses, yet even with them, it scratches the mean salary in the market.

Very problematic, army-like attitude. If there is a problem with your process section, you have no life as long as the problem exists. Engineers are connected to the production floor 24/7 through phone calls and remote connection.

A lot of large organization politics. Management radiates a tough and intimidating attitude. A lot of funny organizational propaganda (that is quietly ridiculed by engineers) might pass as "pros".

Personal career development is only managerial, no true technological development, despite "personal development plans".

In summary, not everything that shines is gold.

With all that was being said, fear is the easiest way for management to provide quick results.

Also, this place provides a lot of profit for Intel, so the system works.