this post was submitted on 05 Sep 2024
101 points (93.9% liked)
Technology
73031 readers
3209 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Intel started running into trouble 15 years ago when they appointed CFO leadership as CEOs. They eroded 20 years of engineering leadership for the sake of "stakeholder value". They also destroyed the company culture that made them successful and replaced it with MBA corporate BS.
You can't rebuild that overnight. You basically need to start over.
The problem is that they get golden parachutes while the engineer and dozens or hundreds of his peers who has invested years into a “good, established company” gets shafted due to lay offs.
And the customers take the biggest hit. Trash defective ticking time bomb CPUs.