The problems at Intel haven’t even begun. When a big company does layoffs like that, there’s a certain amount of institutional knowledge that just evaporates.
There are going to be a large amount of dropped balls at Intel and this is just one of them.
Sadly, I think instead of the market responding and Intel going under, Intel will mutate into a government subsidized technology company. At least for the present moment, they serve as an example of what could be domestic manufacturing.
To me, their attitudes strongly resemble Blackberry just prior to the iPhone coming out. They have a certain amount of arrogance and are resting on past glories. It’s pretty clear that just cranking up the wattage and shipping a new product isn’t a path they can walk forever.
It’s a shame that Intel was actually on a plan to get things fixed up. Their former CEO pay Gelsinger had told them they had to endure some years of pain before things would be better. Unfortunately, the board was not so tolerant and kicked him out before the plan was fully realized.
Their board has some really questionable members on it too, so all around not a very good situation. Probably the only thing in Intel’s favor is that starting a new microprocessor company isn’t just something you do in the basement, so they have some room to turn the ship around.
The problems at Intel haven’t even begun. When a big company does layoffs like that, there’s a certain amount of institutional knowledge that just evaporates.
There are going to be a large amount of dropped balls at Intel and this is just one of them.
Sadly, I think instead of the market responding and Intel going under, Intel will mutate into a government subsidized technology company. At least for the present moment, they serve as an example of what could be domestic manufacturing.
To me, their attitudes strongly resemble Blackberry just prior to the iPhone coming out. They have a certain amount of arrogance and are resting on past glories. It’s pretty clear that just cranking up the wattage and shipping a new product isn’t a path they can walk forever.
It’s a shame that Intel was actually on a plan to get things fixed up. Their former CEO pay Gelsinger had told them they had to endure some years of pain before things would be better. Unfortunately, the board was not so tolerant and kicked him out before the plan was fully realized.
Their board has some really questionable members on it too, so all around not a very good situation. Probably the only thing in Intel’s favor is that starting a new microprocessor company isn’t just something you do in the basement, so they have some room to turn the ship around.