Once the dust settles, the company needs to be right-sized. This could be as high as 33% reductions.
Look around your office or campus and ask who is working on a project that matters.
There are many initiatives and programs that need be purged. BS already knows.
AMD in GF and TSMC will put a big hit on margins for server
Then you got 10nm the process that keeps on delaying.
Don’t let the stock price and record earnings on depreciated 14 fool ya
Cost and downsizing are a certainty
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Intel is sinking like a rock. Did the right thing by firing that sick CEO, but all the VPs do absolutely nothing but sit on their thrones. They have no clue how to solve the company's problems.
Its too late intel will not be competitive next year. They are lieing to shareholders
I disagree. The reason core business is suffering is because BK cut too deep to increase short term profitability. We're making record revenue and the right thing to do is to invest more, not less. BK's mistake was to reduce investment in profitable core business to fund unprofitable pet projects. I expect those funding to move back to core businesses once a new CEO is installed.