Thread regarding Intel Corp. layoffs

Calculus for business majors. That says it all. They're so smart that they don't have to learn math that is taken before college by the rest of the world.

MBAs are indeed just useless overhead.

The PE's need to be cleaned out as well.

I cannot agree more!!

The primary goal of an Intel middle/upper manager is to milk this corpse of a company for as long as possible. The pervasive corruption is actually a stepping stone for these managers to grow their petty empires. These problems are a feature, not a bug.

It is too late to fix intel. There are too many sh– people at VP and above levels. Those people continue to promote their friends, cronies and themselves. External exec hires are either total rejects or over promoted beyond their skill and expertise level. Every time we hire an executive externally, our competitors are jumping for joy.
Year after year, the employee surveys across the company in all groups/sub groups indicate low trust of management. They keep conducting surveys without addressing the issue - management. Instead they send those sh– managers to management training. No change. Same low scores, low employee morale and ODIs. I haven’t seen so many ODI filings in any other company. It is an unhappy place.
I am sorry to be a pessimist. Not fixable.

Btw the accelerated leadership program was such a joke. Let’s hire some MBA from tier 2 schools at grade 9. Who came up with that genius plan? Another mba from the same tier 2 schools.

I remember that we infected Google with BK's TA, or maybe should I say T&A, who became their VP of Diversity. Then Google got sued by their own recruiter alleging that they were encouraged to trash White and Asian male resumes. Coincidence? At least Google was smart enough to dump DB and the other DB in about a year or so in their tenure there.

the difference is Google has some talented people going into these management programs while Intel exclusively sends the worst scum.

@1wif+18kKd5iJ

That quote sounds more like something you'd read here, than an actual analyst with some special insight. Although D&I gets pushed down our throats every day, that seems to be standard across tech industry (if not all of corporate America), and it's not my impression Intel isn't doing anything particularly special there. Do you remember the Google memo from a few years ago?

The last leader of any worth, CRB.

How can tech company be run by a MBA with no deep technical understanding!

Look at the resurrection of AMD and Microsoft versus the failure of IBM, HP and Intel, duh you don’t fix a tech company from a spread sheet or fancy ppt messaging.

The types of people Intel sent to Accelerated Leadership were the ambitious little sh–s who were terrible engineers but recognized the political nature of Intel and went all in on being a lifer. They were universally despised by the technical staff, so when they came back as directors and VPs, they in turn treated engineers terribly and turned Intel into even more of a clown show.

Intel gets a shout-out on WSJ and Poets and Quants. All those Accelerated Leadership Program folks in the late 2000s or early 2010s that got TA or Chief of Staff jobs and turned them into GM or VP positions were never the cream of the crop MBAs to begin with. They came from borderline top 15 MBA schools like Johnson, Anderson, Ross, and Tepper. These people were never going to be game changers, especially when they learned the ropes from clowns like BK. But, they were promoted like they were game changers.

https://poetsandquants.com/2020/12/09/elon-musk-trashes-the-mba-and-faces-an-immediate-backlash/

Another reader agreed. “This is what happened to Intel,” added Mark Bloomfield. “The MBAs have taken over and the company has entered the terminal HP / IBM death spiral. Intel is now more worried about ‘diversity & inclusion’ than cutting edge technological innovation. Sure, Intel’s financials LOOK good, but that won’t last forever.”

Elon Musk warns employees Tesla's stock could 'get crushed like a soufflé under a sledgehammer'. I've never been impressed by Elon, and if it wasn't for US government $$$ I don't think we'd be talking about him.

https://www.cnn.com/2020/12/02/business/elon-musk-tesla-stock-price/index.html

Sooooo bail before they steal our pensions?

Have to agree with this one

It all started with the "nice" CEO with no vision but a Haas MBA PSO. Then the insider trading, TA banging, fab managing dumpster fire BK. No MBA, but he banged a Ross MBA. Finally Webvan eBay's sloppy seconds BS with a Binghamton(?) MBA. Fitting that Intel will end in a big pile of BS.