4 ms·
>Where I worked in R&D the doors were constantly revolving and many people admitted they wait to register enough of prestigious time at Intel on their CV to get
by SkyMarshal 6y ago
>Where I worked in R&D the doors were constantly revolving and many people admitted they wait to register enough of prestigious time at Intel on their CV to get hired at a much better rate for another company.
>Rehiring retired people to me signals the new CEO has no trust in people that are already there.
And why should he, given the conditions you just outlined? I certainly wouldn’t. They’ve demonstrated they can’t advance either the process tech or the chip architecture in any meaningful way.
And I don’t even fault the engineers, but rather a finance-oriented CEO who managed for the bottom line, to goose stock prices and executive comp, while cannibalizing the engineering corps of the high-output talent and experienced technical leadership and mentoring necessary to advance one of the most complex, difficult technologies.
One possibility here is that Gelsinger is reversing that, rebuilding the original proven team from the top down, starting with the people who both know how that works, and have the connections to and respect from additional top technical talent to bring them on as well.
If Gelsinger also restructures compensation for these folks to ensure they’re appropriately compensated (way above “market rate”) then that’s confirmation that this isn’t panic but the right strategy of rebuilding Intel’s talent base.
And that report you linked was discussed yesterday, unclear how reliable it is:
https://news.ycombinator.com/item?id=25844959 https://news.ycombinator.com/item?id=25844959