If BK had spun off TMG instead of 12,000 good employees in 2016 INTC would be triple what it is now... Just because INTC is up does not mean Intel is expertly managed and optimized... Regarding the 2016 headcount reductions, I understand some % of employees need to be released but I believe the old Bob Baker strategy of simply reducing HC by 5% each year is much more effective and less disruptive versus what happened in 2016.
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True