What are your predictions for the 8/2 meeting agenda?
I doubt that there will be much if any good news.
EC will be a bloodbath, which is why they pushed the TD VSP so fast (everyone out day before EC). Between that and another org shutting down (several hundred bodies), they can try and appease investors to keep them from driving stock down too far.
@dif Intel may break up, but I do not think it’s going to happen this year
Agenda will be separation of IFS (Pat will run) and sale of CCG/DCAI businesses to a venture group (Justin as interim head). SATG and NEX will be acquired by VMWare. To note: 18A is working folks relax.
Layoffs and re-org, maybe split off IFS?
The winning combo?
Base pay reductions, return to office, big layoff numbers.
Yes there will be layoffs to fill my paycheck. And I'll be doing push ups during the earning call