271–280 of 547 posts
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In which category is Intel not being outperformed by competitors?
Money. Intel's operating income is about 66 times bigger than AMD's for example. Intel will probably never get a run like the last decade, but they have enough market share and money to get themselves back on track.
Q1 2021 Revenue Guidance
Intel $17.5bn - 12% YOY
TSMC $13bn + 20% YOY
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I left Intel years ago to get almost 3x the salary as a software developer at... a bank. At Intel engineers are paid supposedly similar rates at similar levels and similar locations. And given my level (two levels above Senior Developer) I estimate I was paid better than at least 90% engineers. Where I worked in R&D the doors were constantly revolving and many people admitted they wait to register enough of prestigio…
I've been approached by headhunters for contract work at Intel. They want all kinds of machine learning knowledge & experience and the pay is.... $45/hr. I kid you not. I just sort of laugh and tell them that that's about 1/3 of market rate for that kind of thing.
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Err. shouldn't the real competitors be viewed as ARM and M1?
Well AMD should be worried about both Intel and Apple. Competition with deep pockets.
I like it when the old gang comes together and blends with new talent.
On the other hand, returning veterans could have a strong demotivational effect on current talent. If the company doesn't believe in me, why should I stay?
They're legends!
If somebody doesn't see the value in "Got to work with a living chip design legend", especially because they're so stuck up about "their" perceived value, you don't want them as an employee at all.
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I've been approached by headhunters for contract work at Intel. They want all kinds of machine learning knowledge & experience and the pay is.... $45/hr. I kid you not. I just sort of laugh and tell them that that's about 1/3 of market rate for that kind of thing.
Wow, $45/hr is just laughtable. I know many freelance web developers from ex-USSR countries who charge more and their effective tax rate is below 10%. Or did you mean this is $45/hr post-tax rate?
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"I’ve billed them $500 an hour for in the past" !!!...
For unsteady contracted project work, this doesn't sound off the mark for high-value niche skillsets at a senior or principal level. I wouldn't expect FAANGs to pay it for steady work, though. Well, Netflix might come close. I can count two principal-level architects pulling north of 700k/y, but I doubt they work just 40 hours a week.
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I genuinely feel bad for talented people that get suckered into deals like this. Obviously some do if recruiters try and do this.
Some people don't care so much about the money. I'm barely over the six figure mark in the bay area. I could probably make a lot more money somewhere else, but I wouldn't get to do anything nearly as interesting as my current work.
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In the same/similar vein it never ceases to amaze me how employers don't provide their employees with the best tools possible (within reason) to do their jobs. A company will give a developer a low/mid-range laptop/desktop pinching every penny they can then turn around any pay them a huge salary... Like do they not understand that running into RAM/CPU limits makes the developer less effective? I've had jobs where I'v…
Oh man, this. I remember I worked at a major defence contractor, and we absolutely bombed, like failed through the floor an employee satisfaction survey. And when the VP finally sat down with people they expressed how shitty the computers had gotten. And he's like wait a second. No one ever told me this. I can solve 90% of my morale problems by writing a cheque for like $200k?!? It was astounding how large the discon…
Isn't this the core of the MBA-hate argument ? That they occupy middle-layer positions, and actively obfuscate messages and merit from front line in order to redirect all the benefits for themselves ?
There is also a darwinian component there, where such behavior is beneficial to game company evaluation, so that only people with similar principles end up being promoted, then actively scuttling any other middle managers that don't adhere to the same set of principles since they are effectively representing a dangerous rival set of values, thus ensuring that after a few cycles, only they remain.
That's how culture evolve in (most) big companies where upper management don't make an active effort to keep middle management in check. A begrudging hard work, that most prefer to skip (get the quick compensation, and move on).
That's also why there is a big difference when companies still have their founders in, as they tend to pay more attention to these issues since they are personally invested in company's future and brand, than recently promoted middle managers which are just temporarily in for the check.
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I've been approached by headhunters for contract work at Intel. They want all kinds of machine learning knowledge & experience and the pay is.... $45/hr. I kid you not. I just sort of laugh and tell them that that's about 1/3 of market rate for that kind of thing.
I am 100% in the same boat. Had a recruiter reach out to me who wanted me to leave my more than comfortable six figure SV job to do cutting edge contract work in machine learning as a lead engineer for about $50/hour. I was so amused I actually spent the time listening to their pitch and eventually told them that anything less than $200/hour wouldn't even cover my current pay + benefits. Let me know if you can do bet…
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I worked in an Intel Fab for a couple years. I walked out the door of Intel one day in 2011 (longer and irrelevant story). Within a week I had a job offer in hand from a competitor for over 2x the money.
>> I walked out the door of Intel one day in 2011 (longer and irrelevant story). I am extremely interested in this long and irrelevant story.
Graduated with my MS and three internships with Intel into what I thought would be my 'rest of life' job. I wanted Brian's job, which at that point was the head of the fabs. Got less than one month of training and then told 'all yours now'. Worked my ass off for like 18 months, made a name for myself in the factory, was literally on call 24x7 by myself for 11 months. Got an annual review were I was told 'we had limited budget for bonuses and raise budget, and we gave it to XX because he has kids'. Sucked it up, told myself I was playing the long game and to just put my head down and work. Hacked together software that made stuff which never worked work. Worked and worked and worked. Lost a marriage over it...who would want to be 25 and married to someone who works over 100 hours a week and gets woken up by a phone call almost every night?
I had been working an issue for months, got no buy in, got told it was no big deal/no budget/ignored. The fourth time the same thing broke, suddenly it was an emergency. I was supposed to leave on vacation that day...a vacation I had given 10 months notice on because I had no coverage. Got asked to cancel the vacation. I walked out.
I've learned, I'm smarter than that now, I respect myself in new ways I wasn't ready to understand. Now when I mentor undergraduates I am laser focused on quality of life mattering and learning to respect yourself beyond how someone else evaluates your work. I still know what my ring tone on my on call cell phone there was...and I know that it still cause anxiety when I hear it (but not panic attacks anymore). The ring tone is in a James Bond movie, I don't watch that movie.