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What I think happened is that the big investors gave Pat some years, and maybe extended for once, but he didn't manage to turn the ship around (i.e. making enou
by markus_zhang 2y ago
What I think happened is that the big investors gave Pat some years, and maybe extended for once, but he didn't manage to turn the ship around (i.e. making enough $$). I think the next step is to figure out if there is a buyer or a group of buyers. Intel might have a future if we are not living in the late Capitalism, but realistically it's better to break it down and send the engineers to other companies that can better take care of them. I think that was the thought of the big investors. People might blame the board but essentially they can't fight the investors.