I find this comment very condescending and a bit offensive to be honest. Our T-Comp includes RSUs, the value of which obviously depends on the share price, so of course I'm going to be looking at it.
Did I misunderstand the comment?
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@av... the job market is tight and other reasons. How many times are you going to listen to variations on the same theme for the turnaround before you realize that they are all BS. If he had shown up with Elon Musk's chainsaw approach on day 1 I might have believed it was going to be different. Intel is not going to turnaround in its current state and slow change will be resisted like it always has been. It needs a shock to the system to come out different. LBT will come out of this with millions in any case, good or bad. Will you?
He means to take a long term view.
All turnaround stories start with depressed stock prices.
Either you believe the strategy will work or not.
If not, what are you still doing here?
Yeah just close your eyes and pretend to work hard as your master commanders are leading you all into graveyards.
He is not here to turn the company around. He is doing some renovations so it looks better to buyers. Same thing you do when you get ready to sell a house. This will be a corporate flip. He is the only Intel CEO who wasn't from the internal ranks and he will be the last CEO.
Ironically the share price over the past 6 months resembles life support.
Oh, and don't listen to the rumors (even though they "leaked" the rumors themselves.)
You’re always going to be disappointed listening to money pigs. They live In a different world than the folks who actually do the work.
I was giving LBT the benefit of the doubt, but he came across poorly today
Scr-w your RSUs they made us hourly take cash with no RSU's and you also do not deserve them.
I felt the same way. LBT was certainly looking at share prices when he shelled out 25M to placate the board he resigned from when he had his hissy-fit. Yet, we shouldn’t look even though in many cases it comprises a hearty chunk of our total compensation. LBT is about as tone-deaf as a… a… self-absorbed, foreign business man who would say anything to get his way. Oh and BTW LBT, if you really cared about Intel you wouldn’t have resigned when you disagreed with the X86 guy— you would have “fought like he-l”
You did not misunderstand! I found a lot of things he said very condescending. I am very disappointed in the CEO. I think he has tone, deaf to what regular people want and live like. Very common with BLTs and CEOs. There is no respect for the workers anymore. We are like trash to the higher ups, when in reality, it’s the worker bees that make the company work.