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The CEO, SVP, and EVP are all low quality and taking the company to the abyss

Sr Staff Software Engineer
Current Employee
Has worked at Intel for 9 years
August 16, 2024
2.0
Doesn't RecommendNegative Outlook
Pros

WLB 100% best. Depending if you have a nice manager or not. I am lucky enough to have a great manager. Heard a lot of complaints with line managers.

Cons

The CEO is a nice guy. He used to be a superstar engineer at Intel. A legend, bla bla bla. It does not mean he can be a good CEO.

His vision and execution are terrible. He started talking AI one year after ChatGPT showed up. He kept and hired bad SVPs and EVPs from dinosaurs like HP.

The stock went down 70% to a tangible value of $20, which is an indication the CEO is underperforming badly. 70% down and cutting 20% of the workforce, while competitors like MSFT, AMD, AAPL, META, and AVGO are all hiring and their stocks have all hit new highs!

It is a pure train wreck in the upper management.

And, yes, the compensation at Intel is subpar as well compared to competitors.

Advice to Management

Just resign. The board of directors are just doing nothing. I wonder if they are happy their INTC stocks got cut into more than half.

Additional Ratings

Work/Life Balance
5.0
Culture and Values
3.0
Diversity, Equity, and Inclusion
3.0
Career Opportunities
2.0
Compensation and Benefits
2.0
Senior Management
1.0

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