Intel's CEO reveals early hiring challenges as bankruptcy concerns deterred top talent

When Lip-Bu Tan took over as Intel CEO, the company's balance sheet was so dire that potential recruits turned him down flat, worried they'd be joining a chipmaker on the verge of going bust. Speaking at the JP Morgan Global Technology, Media and Communications Conference on Tuesday, he said: "I tried to recruit some talent. They said 'It's almost a bankrupt company, why should I join you?'" Fixing that became his first priority.