Quote:
Originally Posted by theducks
Boom- Bust (Hire - Layoff) was a standard practice here in the Silicon Valley in the 60's.
Hint! Intel started (and is still) here.
Advantage (to corporate): No seniority buildup (Vacation days, wages). No Pension (when there was one) vesting.
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Sigh.. As much as I've been talking up Intel, this... Internet bubble burst in early 2001. My division shut down. Two months looking internally for a new job. 20 years experience. 56 years of age. Expect to be vested in the following year. Intel ended up making an offer I couldn't refuse. No hard feelings really, but damn.