The new CEO of Intel has promised major changes in the weeks following the care of the flea manufacturer. Now he presents stages that echo how large technological companies have changed their workforce.
In a game note on Thursday to employees published on the company’s website, Tan lip lip detailed his plan for the culture of the company: more time in the office, less administrator and leaner teams.
“The most important KPI for many managers at Intel has been the size of their teams. In the future, this will not be the case,” wrote Tan, referring to key performance indicators. “The best leaders get the most with the least.”
Tan said the company will dismiss employees in the coming months from this quarter. It is not clear how Intel plans to reduce its number of heads. In December, the company employed 108,900 full -time people, a decrease of more than 12% compared to the previous year, after a reduction cycle of the previous CEO.
Tan said that in September, the company will force four days at the office, against three days now. It is part of the company’s objectives, called OKRS, optional and reduces administrative tasks.
The CEO also targeted meetings, which have long been a bane of senior executives, including the CEO of JPMorgan, Jamie Dimon.
“I ask our leaders to eliminate unnecessary meetings and considerably reduce the number of participants in the meeting. Too precious time is wasted,” he said.
Tan, a veteran of electronics, took office as CEO of Intel last month. His appointment comes after old Sudden departure from the CEO Pat Gelsinger In December and for a tumultuous period for the former flea manufacturer, who had a hard time competing with the players of Nvidia and Taiwanese.
Intel on Thursday published its results in the first quarter. His income was $ 12.7 billion – stable compared to last year – and he said a loss of $ 800 million.
Intel shares dropped 5% after the hours of play Thursday due to lower profits as expected for the second quarter. Intel shares are down almost 39% in the past year.
Intel did not respond to a request for comments from Business Insider
‘Skinny, fast and agile’
Tan’s “Do More With less” memo reflects a broader cultural repression through technology.
Younger companies like Meta, Google, Amazon and Tiktok rethink an American technological culture known for the era of the pandemic Remote work, unlimited office advantages, high level salary and employment security.
Intel also joins the rest of Big Tech by kissing the “big flattening”. Companies, including META, have reduced intermediate level management in favor of more rationalized teams and less hierarchy levels, which they think should lead to less bureaucracy.
In the entire industry, free massages and pet day career services have been replaced by memos filled with words such as “efficiency“And” Scappiness and Fugality “. Tan also in his letter wrote:” Our competitors are skinny, fast and agile – and this is what we must become to improve our execution. “”
Tan’s note echoes the memos that the CEOs of Amazon and Shopify have sent to their employees.
“We want to function as the largest startup in the world,” wrote Andy Jassy from Amazon in a September letter. “It means having a passion to invent constantly for customers, a strong emergency (for most major opportunities, it’s a race!), A high property, a quick decision -making, jamming and frugality, a deeply connected collaboration.”
In a memo to the employees that Toby Lütke of Shopify shared on social networks earlier this month, he wrote: “In a company that increases by 20 to 40% from one year to the next, you need to improve at least that each year just to require.”
businessinsider