They just published the vp and above promotions on circuit. What a list. One final gift from Bob swan. Horrible. It was particularly disappointing to see the clowns from the dcg cloud solutions team got promoted. For what? Certainly not for competence and work product.
Intel is a joke, maybe the same thing is happening in every company. No wonder regular folks in small towns believe in things like qanon. I saw a oil truck carrying two tanks. I guess someone at the top who makes 100 million a year decided that it saves the company money to have one driver carrying two tanks. Truck Drivers already make very little money, no health care, no benefits. But let’s squeeze him. Next thing, how about no drivers, driverless. What a crazy time we live in. Same thing for us. US to low cost geos. Reduce # of engineers, reduce benefits. And pay top compensation to ceo, cfo who failed at their jobs and let the, promote their a– kissers...
Most of what we see defy logic, common sense, anything. The tech industry is a house of sh–.
Easy money is driving speculation even in highly speculative things like bit coin, etherium etc. that is driving GPU sales, that is driving the already high stock prices in nvidia, amd etc. 5G is another bubble. Stock market is not investment grade anymore. Salesforce.com is now a Dow Jones industrial company. Tesla in S&P 500. Look at the promotions year after year, the leaders running this company. I am sure it is no different than other companies. Sh– has floated to the top. I am not hopeful.