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This article doesn't seem to actually report anything. It is obvious that no company can arbitrarily choose its own profit margins or they wouldn't stop at 50%.
by roenxi 1y ago
This article doesn't seem to actually report anything. It is obvious that no company can arbitrarily choose its own profit margins or they wouldn't stop at 50%. So basically all we have here is the Intel CEO says he wants Intel to be profitable and they're going to prioritise products they think are more profitable than others. I hope this isn't news.
The only thing I can spot in the article that wouldn't come up in a psychic's cold read is speculation that there might be a 20% layoff coming hidden towards the end. I'd suggest reading this sort of article is a waste of attention better spent elsewhere.
- zetazzed 1y agoCompanies can choose their gross margins! Just take the cost of manufacturing, double it, and call that your price. You now have 50% gross margins. But you can't choose your total profit. Maybe almost nobody buys at this crazy price you've set. Now your margins don't seem so clever...
- pjmlp 1y agoThey surely can, this is how we usually end up with layoffs affecting people that were doing their jobs as best as they could. MBA influenced shareholders set random profit margins, when the fiscal year comes to an end and the targets weren't met, a selected random set of employees gets punished due to missing the desired margins. Yep, I already went through this %@#££! a couple of times, and seen also happen to others.