• SapphironZA@sh.itjust.works
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    2 months ago

    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.

      • Zron@lemmy.world
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        2 months ago

        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.