Heard some VPs in the GEMS org are traveling to and fro to Asia every quarter. There’s one VP who travels domestically every week.
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Yes, saving on some airfare should put a large dent in that target $10B savings. Perhaps buying cheaper toilet paper might help as well.
Turnaround effort? Lol!
Intel will not be able to retain these high firepower individuals by cutting these benefits. Then they will bolt to competitors aid they do that. Intel needs these people to be the afterburners on its turn around efforts.