Intel Faces Labor Shortage And Relaxes Recruitment Policies To Attract Talents

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Intel started large-scale layoffs in 2015 and continued until 2016, laying off about 13000 employees in order to reduce costs Brian Krzanich, a former CEO of Intel, also issued a controversial rule prohibiting the re employment of dismissed employees in the process.

At that time, the rule angered not only the dismissed employees, but also other employees who stayed. Because some of the dismissed employees got good performance evaluation, but eventually they not only lost their jobs, but also were rejected by Intel forever and suffered considerable frustration. Even if Intel has vacancies in the future, it can't find trusted and experienced former employees. According to the Oregonian report, Intel has quietly this rule recently and welcomes these old employees to return to Intel to fill vacancies.

The reason why Intel did this is very simple, because it is now in a difficult period of personnel recruitment. Intel's new semiconductor capacity expansion plan needs to recruit a large number of engineers, but there is a lack of talents in this field in the market. Moreover, Intel still has high recruitment requirements. It is uncertain how many former Intel employees have returned to their old owners, but it is clear that Intel's demand for talents is very urgent at this stage.

Pat Gelsinger, the current CEO of Intel, is likely to be the one who promoted the revocation of the provision. Since taking office, he has found many former Intel employees to hold important positions, and launched a new talent investment plan to reduce the turnover rate and attract new talents. Of course, pat Kissinger himself is also a veteran returning to Intel. He has made outstanding achievements in innovation and development in the past.

In a statement provided to the media, Intel said that it has been a long time since the restructuring in 2015 / 2016. Those affected employees may have skills valuable to Intel's current business strategy, and the vast majority of people affected by the massive layoffs in that year are eligible to apply for the current job vacancies.

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