Those who are the most talented are leaving. It seems that Intel doesn't give great importance to it because they think that all are replaceable.
They don’t see it as a loss for the company when a good employee leaves because the job is done instead by those who stay. How would you explain to this company how much they've lost when an expert leaves and how difficult it is to find a good replacement?
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Curry has about a 5% edge over Pad Thai as MR's favorite meal.
Curry has about a 5% edge over average BB players at going up to the hoop and throwing the ball. Are you saying you can turn on your computer and configure a design tool to run 5% better?
Intel is full of people who have maintained business critical perl script for 20 years and nobody else understands, or would ever be able to understand, because it is so poorly implemented. It is classic job security through code obscurity. There is so much archaic infrastructure which just needs to be thrown away and replaced with industry standard tools.
Replacing a cashier at Walmart is pretty simple. However, the higher up you go on the talent requirement the difficult this is. If Steph Curry decides to leave the Warriors can you replace him with no impact to the teams performance ? What about LeBron ? Every company has a handful of "superstars" that move the company forward while the other 99% do the grunt work. Intel's business model isn't wrong as the company tried to lower the cost of the grunts. Unfortunately the superstars also left and that's what caused the downfall.
The layoffs must have been great!
How have the competitors done gotten stronger and stronger!
How has intel done, weaker and weaker, third CEO and now have to outsource and even more desperate has to go begging for government money like the auto makers what an embarrassing ending to this company
Sometimes the older worker’s replacement hire doesn’t take on all the previous responsibilities. If Intel is lucky, the responsibilities that fall through the cracks are non-essential. But often times they are essential, and the loss — aggregated together with other similar losses — ends up resulting in a short-term business failure or inefficiencies and mistakes that plant the seeds for a long-term business failure.
It is this "everyone is just a replaceable resource" mindset that has left Intel where it is: broken culture, poor execution and strategically adrift.
I was brought in from the outside to lead a new business. And ISP'd in barely over a year (after being lured from a good job with a nice offer and signing bonus) after my bone-headed manager gave me an SL4 literally because I was a "new employee." That new business folded within several months (and the departure of other key, experienced people) afterward and Intel's competitors are eating its lunch. As someone who works for one of the customers that Intel used to have, to this I can attest.
Everybody is replaceable but it can take a lot of time and money to do the replacement for some people and some situations where the learning curve is steep.
As a thought experiment, let’s say everyone in Oregon just quit. How much time and money would it take to replace them?
Probably 10 years and a boatload more money than if they had stayed.
It is true anyone is replaceable in the "hit by a school bus" metaphor. In workplace, if somebody is replaced for any reason, the new person is either working on the same things in different ways, or different things.
Everybody is replaceable. JFK was replaced in 30 minutes. You are really kidding yourself if you think you're irreplaceable.
It is not easy to replace somebody to do the same thing. Replacement works if new people need to do different things.
This is exactly what the foolish Intel thought, that I could be replaced and was ISP'ed. I heard that they could never replace my skills. 6 years later they are in shambles and I make lot more money working for another company that values talent.
They will replace by bringing in folks from low cost GEO and strangle them with work visas
when you are counting bean, can you really tell the difference between one bean and the other?
there is no irreplaceable employees
because Intel culture is always planning for backup, like supply chain.
most of the jobs are about execution even in D&D
This is a feature, not a bug. At Intel, the only irreplaceable employees are the politically reliable.
You can't explain that to bean counters because the bean counters don't see the the world as anything more than the bean count.