Intel CEO to pitch board on plans to shed assets, cut costs, source says | Poal: Say what you want.

Welcome • User Guide
ToS • Privacy • Canary
Donate • Bugs • License

©2024 Poal.co

1.4K

• (+8/-0)

Intel CEO to pitch board on plans to shed assets, cut costs, source says (archive.ph)

https://www.reuters.com/technology/intel-ceo-pitch-board-plans-shed-assets-cut-costs-source-says-2024-09-01/

https://www.reuters.com/technology/intel-ceo-pitch-board-plans-shed-assets-cut-costs-source-says-2024-09-01/

You are currently inside a comment thread.

Click here to see all the comments (8).

[–] • 5 pts

(edited )

The obvious strategy is to create a US based chip foundry and vertically integrate around that, allowing other domestic companies to use the foundry. The government should support this as it will make us less dependent on Asia.

They need to fire the vast majority of their employees and keep only talented technical people.

100% of their MBAs and diversity hires need to go. If you do not code, design chip architecture, or do physical materials work, you are out. All of their executive leadership needs to be engineering.

Finally, they need to raise pay, fix their brand, hire a new generation of engineers, and poach talent from NVIDIA and other companies.

Good luck doing that when (((Blackrock))) and other jewish funds control your board though.

link

[–] • 1 pt

Intel isn't here to make chips anymore, they're here to move money around and be diverse.

parent
link

[–] • 0 pt

Good luck doing that when (((Blackrock))) and other jewish funds control your board though.

Bend the knee or they tank your stock.

When/how do people fight back…. This is corporate blackmail.

parent
link

/s/business

88 subscribers

(sub created ago)

THE RULES:

No advertising, this includes "Free stuff for your whatever" type posts, even if you didn't write the post.
Posts must be about things businesses are doing. Posts that are nothing more than long writeups with links to things that "help your business" or explain "why you need this for your business" are advertising and fall under rule #1.
Keep memes and image posts on topic for what businesses are doing.
You're free to talk about what you've done in making your personal business a success, but talk about it in general terms. Don't give product names, pictures, or any kind of links.
Start at #1 and read the rules again.

Posts that are amusingly bad may be moved to /s/HaveAPepsi and deemed "Coke." Batteries are not included, this offer void where prohibited by law, which is pretty much everywhere including the moon, no cash value save that which is in your pants pockets and will need to be given to us. By using this sub, you offer control of your soul to stupidbird who may use it for whatever purposes, up to and including the dark arts in which case your only recourse is to appeal to the council of evil and have your petition denied. Please take heart, amid the deepening gloom, that your dog is finally getting enough cheese. We’ll decide what will be on the contract. You’ll pay us to be allowed to do the work. You will make the product. Then you’ll give it to us, and it will be ours forever. If anybody buys it, we might give you some money. If you’re lucky. Or we might put it in a drawer and forget about it. In any event you will get nothing, and you will thank us for it. All posts here are for informational purposes only and should not be taken as business or medical advice. Supplies are limited, this offer void after January 1, 1922 or when supplies are exhausted. Please put that down, don't stick that in there, and for the love of god please put on some pants, no one wants to see that. (c) 1988 Con-Troll, Inc, PO Box 12, Wrestlemania, MN.