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The entire purpose is so that they can juice up the numbers for when they announce quarterly numbers. For the kind of executives that stay at a company like In
by lawrenceyan 7y ago
The entire purpose is so that they can juice up the numbers for when they announce quarterly numbers.
For the kind of executives that stay at a company like Intel, the only thing they care about is the company’s stock price, and they’ll do anything to keep it high, even if it’s at the expense of what quite literally is destroying or directly hemorrhaging in the long term to the company itself. It’s how you end up with crazy situations like this.
- lozaning 7y agoI actually got scolded by the Intel rep for this one. Mostly she was mad that there was no way they'd let a loophole like the one I abused go through again next year, so her YoY numbers were gonna be awful.