Thread regarding Intel Corp. layoffs

Why Intel has a sloppy strategy for retaining talent?

For the past few quarters, great talents are leaving in droves. Some for better offer, some because of unending frustrations. Management spent 0 effort retaining talent until its too late and spent the last focal bribing the remaining talents to not leave while offering ludicrous money backfilling. Poor execution is hardly surprising since the company now runs by fat check talkers, expensive new hires and remaining talents who are still poorly paid compared to the former 2, who are trying to get out of the company.

I totally agree, @3xip+1hWqqWAF, but I wonder why Intel didn't try harder to keep the best people, that is, why they remembered so late that keeping them was crucial to company's success.

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| 2083 views | | 9 replies (last August 15, 2022) | Reply
Post ID: @OP+1i84nMkH

9 replies (most recent on top)

Maybe Ivy leagues sent Intel people who knew how to do microelectronics in the past. The 5 or 6 I have worked with, and for, that were hired in the last 4-5 years, are jokes. They just mess stuff up, make life miserable for their coworkers, and get GRAs for fixing the stuff they didn't know how to do on the first place (and wouldn't listen to experienced engineers.) We're talking about backstabbing and power plays at the grade 5/6/7 levels that prevent IPs from working. Plz hire ppl with BS or MS that are competent electronic engineers from schools that don't require donations from your rich parents.

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Post ID: @6nta+1i84nMkH

To be fair, they do hire RCGs from Ivy leagues every now and then but none of them stick around for too long. Semiconductor industry, as a whole, requires long hours and hard labour which is why East Asian companies like Samsung and TSMC are crushing it right now. Also might be the reason for bringing in so much third world labour because Americans, as a society, are quite self entitled and 9 to 5 ish in their work culture which doesn't work in semiconductor industry. Immigrants are easier to control and lord over with visa restrictions and you can basically get more bang for the buck hiring them instead of some fancy ivy league kid who is going to quit in a couple of years anyways.

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Post ID: @5feu+1i84nMkH

Budget is entirely dedicated to bumping up powerpoint chalartans and hiring their wives and cousins from the third world.

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Post ID: @4qgm+1i84nMkH

The Bozo Explosion. Look it up.

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Post ID: @2ipz+1i84nMkH

Ship is sinking. They need to reduce headcount. They don't care if you smart or d-mb A$$. They want you all gone so Pat can collect his $250M.

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Post ID: @1oje+1i84nMkH

You can’t keep smart people from leaving.
Smart people aren’t sticking around because they are … wait for it … smart!

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Post ID: @1pzq+1i84nMkH

Management consultants that need to justify their existence. Management that thinks they know what they are doing. What they have done is create a situation where engineers are like blue collar workers. Real engineers consider certificates in consulting theory and management practice to be about the same as TP. This is Intel, not a McDonalds or t-shirt printing assembly line. Go use your MBA to "efficiently" run a burger assembly line....

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Post ID: @kgt+1i84nMkH

Intel can’t offer something better than the competitors. It’s that simple.

A players attract A players.
Mediocrity repels those folks.
It’s like a law of physics.

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Post ID: @jci+1i84nMkH

Lotsa reasons like arrogance, overconfidence, credulity, lack of experience, lack of preparation, collective delusion, historical bias, small-mindedness, general incompetence, short-termism

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Post ID: @pfy+1i84nMkH

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