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Intel had a big layoff about 5 years ago. That layoff seems to align with when their process stumbled. Maybe they broke their development pipeline when they pur
by jmpman 5y ago
Intel had a big layoff about 5 years ago. That layoff seems to align with when their process stumbled. Maybe they broke their development pipeline when they purged some “worthless” PhDs. Certainly that layoff would have been to reduce R&D expenses, catering to Wall Street’s need for short term profit.
As much as I’d like to think the above situation is the cause, it’s more likely that a process VP made an incorrect technical decision, and out of ego, stuck with it, and wasn’t challenged. Eventually they got too far down that path to change without significant financial impact, and just double downed.
- htrp 5y agoYou mean the process VP who made the decision was promoted to the head of the business unit?