IT Home May 25th news, Intel started a massive layoff about seven years ago, and 13,000 employees were fired during the layoffs that began in 2015 and continued into 2016.

IT Home May 25th news, about seven years ago, Intel launched a massive layoff, and 13,000 employees were fired during the layoffs that began in 2015 and continued into 2016. Brian Krzanich, then CEO of Intel, approved a controversial policy of not rehiring former employees who were fired in addition to launching the layoffs. According to the Oregonian, this policy has now been quietly cancelled.

Sources pointed out that Intel is in a personnel dilemma and the policy of not rehiring has always been useless. The chip maker currently needs thousands of employees across the United States, and ambitious expansion plans are still underway, which will further boost the demand for experienced employees.

IT Home learned that the policy of not rehiring is not just despised by fired people, but those who stay are also annoyed because when vacancies appear, they cannot be filled by trusted, experienced old friends and former colleagues.

As for why this policy is not rehired, Kzanic once explained: "We are trying to build a different company. You can't plan change in the same way." On the surface, this sounds very reasonable, but in 2022, Intel found it difficult to recruit qualified and experienced employees.

In a statement received by The Oregonian, an Intel spokesman said, “It has been several years since the restructuring in 2015/2016, and those affected may have new and additional skills that are valuable to Intel’s current business strategy.” The spokesman went on to make it clear that most people affected by the massive layoffs seven years ago will be eligible for current vacancies.

In addition, Intel has announced a new training program. Through these programs, it hopes to create a training and career path for high school and community college students interested in working in the chip industry.

Intel rival Nvidia is said to be slowing its recruitment activity due to rising inflation and the shadow of recession. Whatever happens, it looks like Intel and Nvidia have different expectations for the coming months and years, or at least one is long-term planning rather than short-term planning. It will be interesting to see how these two companies are going in a few years and which strategy proves to be a smart move for chip manufacturing giants.