Company profile

Intel

Technology 🌍 Global HQ: USA

toxicity score

Toxicity level 25.2 / 100

stories

4.3☕

avg rating

issue types

👻 ghosts

Semiconductor manufacturer facing mounting losses and market share erosion. Announced cuts of over 15,000 jobs in 2024, representing roughly 15% of its global headcount.

Issues reported

🔥 Gaslighting ☠️ Toxic Leadership 💸 Wage Theft ✕ Clear

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Stories

☠️ Toxic Leadership 💸 Wage Theft

The dividend was reinstated. Our jobs weren't.

☕☕☕☕☕

Intel cut 15,000 jobs and suspended the dividend on the same earnings call. Three months later, the dividend was reinstated. The jobs weren't. I don't fully understand every capi…

Paraphrased from Reuters / Bloomberg / Intel Q3 2024 earnings — dividend vs layoff timeline

Intel · Senior Process Engineer

0 replies 2 Aug 2024