I read an interview a few years ago when the CEO at that time was boasting "Intel chips are so well known, even college students know them very well". What the

I read an interview a few years ago when the CEO at that time was boasting "Intel chips are so well known, even college students know them very well". What the article writer added was "Intel is losing experience engineers, replacing them with cheap students". Not sure how true is that, but if it is true then it explains the past 5-8 years. I saw it happen with a former large company (top dog in manufacturing solutions area) where in a the middle of a project all experienced people in USA were replaced with dozens of new hires in India. Half of the people in USA were fired, they were competent but considered too expensive. Talking to them, I found it was the norm for many years, now only some sales and management people are in USA, everyone else is in India. This causes companies to lose the competitive edge in engineering, cost was not really a problem and competing only on cost is meaningless, you lose to India and China on that ground alone.