New CEO --> layoffs ----> line go up ----> ops, not genius after all ----> deploy golden parachute.
Failed to innovate while riding the gravy train too long, lack of compensation in the face of rising costs, manufacturing issues, defective CPUs and nothing competitive. Yup, time to retire lol
He almost innovated but then he fired Jim Keller because he was afraid Jim was going to taker jawwbs
is there an article related to this?
Fun fact. An average tenure for a CEO is 4 years. I will not be taking further questions.
Intel should have pulled it's 13/14 Gen chips the moment it became clear they had serious problems. Admit you screwed up and fix it.
Continuing to sell something you know is crap is a long-term reputation hit you are NOT going to recover from.
This is not due to the 13/14th generation CPU recall, rather Intel as a whole is floundering.
They missed the entire AI gravy train, losing market share to AMD, lost Apples business, etcetera. Intels foundry requires a lot of capital for both RnD and to keep the fabs running. They are losing market share and they have higher cost business compared to their competitors.
Isn't he from VMware?
Maybe Intel will survive now
"My job here is done."
Technology
This is the official technology community of Lemmy.ml for all news related to creation and use of technology, and to facilitate civil, meaningful discussion around it.
Ask in DM before posting product reviews or ads. All such posts otherwise are subject to removal.
Rules:
1: All Lemmy rules apply
2: Do not post low effort posts
3: NEVER post naziped*gore stuff
4: Always post article URLs or their archived version URLs as sources, NOT screenshots. Help the blind users.
5: personal rants of Big Tech CEOs like Elon Musk are unwelcome (does not include posts about their companies affecting wide range of people)
6: no advertisement posts unless verified as legitimate and non-exploitative/non-consumerist
7: crypto related posts, unless essential, are disallowed