About seven years ago, Intel began a painful process of mass layoffs. During the process, which began in 2015 and lasted until 2016, 13,000 employees were fired. Brian Krzanich was the CEO at the time, and in addition to being a tool for this redundancy strategy, he stamped out a controversial policy of banning re-hiring. This policy was quietly repealed, they reported The Oregon.
The source said Intel was in trouble with staff and that the re-hiring policy was not helpful. The chipmaker currently needs thousands of employees in the United States, and ambitious expansion plans are still underway – which will increase the demand for skilled and experienced staff even more.
Intel cannot be sure that repealing the re-hiring policy will be a great success, but in what is characterized as a national labor shortage, any potential help will be gratefully accepted. The policy of banning re-employment was not simply dissatisfied with those fired by Krzanic. Those who remain will be annoyed that when vacancies appear, they cannot be filled by trusted, experienced, old friends and former colleagues.
We are now in the middle of 2022, with CEO Gelsinger already firmly in place, a leader with an established history of hiring his old colleagues to some very high positions. So it is not surprising that the 2015/2016 re-rental ban rule has been dropped.
In case you’re wondering why the rule was drafted in the first place, Krzanic was quoted as saying, “We’re trying to build a different company. You don’t organize change by doing things the same way.” At first glance, this may sound logical, but people are very adaptable and in 2022 Intel will find it difficult to hire qualified and experienced staff. Moreover, while Krzanic seemed somewhat negative about the computer in his views, Gelsinger can be described as an evangelist of computer, engineering and chip.
A statement from The Oregonian quoted an Intel spokesman as saying that “several years have passed since the 2015/2016 restructuring and those affected may have new and additional skills that are valuable to Intel’s current business strategies.” The spokesman clarified that most people affected by the mass layoffs caused seven years ago would be eligible to apply for current vacancies.
Of course, Intel can’t move forward and fulfill all the roles it needs using old hands. In this way, she announced new training programs. With these programs, he hopes to create a learning and career path for high school and community students who are interested in working in the chip industry.
All this news is so interesting, as it is claimed that the rival of chips Nvidia is slowing down its employment activities due to rising inflation and the specter of a recession on the horizon. Whatever happens, Intel and Nvidia seem to have different expectations for the coming months and years, or at least one is planning for the long term, not the short term. It will be interesting to see where the two companies are in a few years and which strategy turns out to be the smarter move for the chip giants.
https://www.tomshardware.com/news/intel-nixes-no-rehire-policy
/cdn.vox-cdn.com/uploads/chorus_asset/file/8964133/acastro_170731_1777_0006_v1.jpg "Two more executives are leaving Apple")
