ex-Intel engineer here.
> Intel engineers, to put to bluntly: suck.
It hurts, but it is true.
> I took voluntary retirement and went to work for a smaller instrument maker. I’m way happier.
I was not so lucky. I would have loved the voluntary separation package. They did get around to doing straight large layoffs one year. My manager got laid off, I was not so lucky. I wanted the layoff package. I told him I'd happily trade places with him. He tried, but was denied. I ended up leaving anyway. Now, like you, working for a small company and much much happier.