Intel's 'talent drain' isn't limited to lower-level employees; several of Team Blue's key figures, including those who played a key role in the Ohio facility, are departing from the firm.
Intel's Lobbyist In The Biden & President Trump Administration Has Departed, Following Delays With the Ohio Fab
Team Blue has been facing sluggish economic conditions in the past few quarters, driven by several factors, one of which includes the foundry division not performing according to industry expectations Now, in a new report by the Columbus Business First, it is reported that "multiple leaders" working on Intel's Ohio One project have departed from the firm, including Kevin Hoggatt, who is claimed to be one of the primary lobbyist behind securing administrative support for Intel's Ohio One project.
It is claimed that Kevin Hoggatt has been involved with Intel on the 'government relations' front, and on his LinkedIn post announcing his departure from the firm, Hoggatt revealed that he was in the groundbreaking ceremony of the Ohio One plant, accompanying President Biden. Moreover, he joined Intel's interim co-CEO David Zinsner as well on President Trump's inauguration, which shows that he had a vital role to play when it comes to establishing a 'collaborative' ground with US adminstrations.
Apart from Hoggatt, Toby Starr, who is the public affairs manager, has also departured Intel, along with construction site manager Sanjay Patel and senior Program Manager of the Foundry division Tom Marshall. Interestingly, it has been three years since the Ohio One fab was announced by Team Blue, and despite such a long time, there are little signs of starting high-end process production in the facility, which shows that the economic slowdown within Team Blue has started to affect the firm's chipmaking ambitions.
It is claimed that the Ohio fab will not be operational until 2031, and the firm's Oregon facility is also facing issues concerning large-scale layoffs and investment cutbacks. However, for now, Team Blue's key goal is to reduce operating losses and ensure that projects generate valuable returns, which is why the US chipmaking plans are currently in the backseat.
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