Now that BK is gone, what are the chances we can get some of the best people who were shown the door in the past several years back to Intel?
Most of them have landed in better companies that actually treat their employees decently, but we can at least try? Intel has been crippled by layoffs focusing primarily on pay and not merit.
It would be nice to reverse some of that.
Once upon a time, employees were the most valuable resource to a company. Today they are the first to be cut when the company falls on hard times. At Intel apparently it's okay if the bazarre, insane CEO throws away hundreds of millions if not billons of dollars on poor business deals that completely flop, and guess what. The dedicated, hard working employees get the punishment. Tens of thousands laid off, lives and careers ruined, through a fictitious ratings sham to "save" the company $100M over five years, a mere drop in the bucket. If the mgmt was so willing to throw away more ey on bad business deals, they should have tried harder to solution the accounting than to simply lay off their prized resources unless they actually meant to directly replace with H1Bs. Sad.
Though BK is responsible for ACT happening, responsibility for treating the employees the way they did, lies with HR and its leader at that time, and RT.
But the worst sin of HR is not ACT. It is the way leadership development was made to happen over the last 10-15 years. Result is that the Management & Tech Leadership of such a high tech company is now 90% filled with bozos. Openly, it is said to become a leader you need to network, not execute.
Unless you are a URM, why would anyone come back to this hell hole?
@1osh - Right! I would consider if they offered me a signing bonus equal to my severance - kind of like a reverse-ACT!
Of course, that will never happen, so I am getting ready to short the f**k out of this puppy post-earnings.
Under the current situation, nobody in their right mind would come back unless offered an outrageous amount of money.
A top issue to address for the new CEO must be replacing FOCAL rank and yank with something that encourages collaboration, team work and execution (and discourages a-holerly, backstabbing and Hunger Games).
Unfortunately Intel will never admit to the truth about the 2016 farce and will probably keep this methodology intact. They will use it once again in the future after executive management makes more bad business decisions wasting hundreds of millions of dollars. They will resort to laying off the next batch of dedicated, experienced, older employees just to save their own necks and the necks of the other senior and middle do-nothing managers.
A lot of the people were forced out by managers giving the bad reviews
They will still be around to force people out
It would be a perfect goodwill gesture by the new CEO to rescind the no rehire policy as an acknowledgement of the bullsh*t promulgated by BK and his minions, and send a strong message to employees that he/she gets it - and will change the toxic culture BK created. I don't think many would actually be rehired anyway, even if they wanted to. Say what you will about 10nm, but Intel's problems now are deeply cultural. From full trust that was seriously awe inspiring and maybe even cultish, to the pathetic state of today. Companies can force compliance, but can't change if they don't have commitment that comes only with trust. (BK's answer was replace everybody....I guess that's another path too...)