The new hires squeezed out experienced people. Some new hire managers from outside played political tricks, the engineer new hires are cheaper but low in technical skills. Intel technical competence has dropped 2x with the flock of useless new hires.
7 replies (most recent on top)
Q3 headcount is as of Sep 30, so includes everyone before all the ERP, VSP, ISP are taken off the books and will show up in next quarterly results
Those are crazy numbers... So, cut the older workers with high salaries and bring in the new generation to patch things up..
Not saying it's wrong, just pointing out the absolute chaos this has to cause for an old dinosaur.
The data from August 2023: 37% of intel population was hired post COVID.
@eor... fire in high cost geos, hire in low cost geos. Not a tough concept to understand.
Can't layoff excess headcount if you don't hire them first.
Same number of heads from a year ago... What is going on?