It is shocking how poorly they treat their employees. No wonder they are lagging: They can't keep people on the floor because they are poorly compensated and treated poorly.
The amount of middle manager bloat is STAGGERING. 5 bosses for every person actually doing work.
As my friend put it: "What if we retained employees instead of running a strategy where we expect 20% turn-over every quarter?"
I bring this up because I see Intel as TSMC's primary competitor, and I don't see how they can hope to compete with how inefficient and incompetent they are.
TSMC is pretty famous for working their researchers 80 hours a week and making them work night shifts. They might have more autonomy and less bureaucracy but I don't think most would consider them a company that treats employees great.
Their advantage is that they've made themselves into Taiwans entire national security strategy so they're able to push an idea of working yourself to death as a selfless patriotic act.
It is shocking how poorly they treat their employees. No wonder they are lagging: They can't keep people on the floor because they are poorly compensated and treated poorly.
The amount of middle manager bloat is STAGGERING. 5 bosses for every person actually doing work.
As my friend put it: "What if we retained employees instead of running a strategy where we expect 20% turn-over every quarter?"
I bring this up because I see Intel as TSMC's primary competitor, and I don't see how they can hope to compete with how inefficient and incompetent they are.