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The problem with Intel weren’t the technical people. It started with the board laying off people, borrowing money to pay dividends to investors, bad strategy, n
by JustExAWS 2y ago
The problem with Intel weren’t the technical people. It started with the board laying off people, borrowing money to pay dividends to investors, bad strategy, not building relationships with customers who didn’t want to work with them for fabs, etc and then firing the CEO who had a strategy that they knew was going to take years fo implement
It wasn’t because of “DI&E” initiatives and a refusal to hire white people
- tgma 2y agoCool. And the bad decisions were made by who exactly? Intel executives & employees.
- scarface_74 2y agoIntel didn’t hire the board. The board did hire the CEO. The bad decisions either made weren’t the results of “DE&I” initiatives.
- anticensor 2y ago> borrowing money to pay dividends to investor That's scam. If you fail to profit, you should admit it, not fake it.
- scarface_74 2y agoApple did that too for awhile just because it was cheaper for them to borrow money than repatriate their foreign income and pay taxes. The issue with Intel though is that they needed the money to invest in R&D.