I’d almost rather be hearing quaint little tales of what worked then
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Hw turned around and bent over
@b6+1 Uh, Intel has PhD's working on algorithms, but point well taken.
All those non-PhD's can be replaced with contract labor.
And the PhD's can be offshored.
One key difference from Cadence is that Intel can replace most of both categories of labor with AI and robotics over the next 5-10 years.
Cadence can too, but we are of course referring to Cadence of the past in this stream of unconsciousness.
Cadence is an EDA company which is mainly a software company. Its engineers are almost all PhD's working on algorithms. It is totally different from Intel's manufacturing.
@at+1 As a venture capitalist, LBT is highly qualified for the strategy the Board is pursuing. He has led many startups to market, so knows what it takes to achieve the operational performance needed to get the highest valuation at sale.
Now if you want a CEO that is going to make Intel products great (by transitioning to ARM or RISC-V), that would be someone with a different background. Not Jim Keller but maybe his cousin or something.
Moving labor to low cost geo , this is what is being done at cadence to keep margins high but I don’t think this will work with Intel. I personally feel ceo is incompetent for this job.
Slave labor at pennies per day.
Cadence is well documented but the quaint little tale involves replacing the existing workforce with offshoring and contract labor.
You know, like what has been happening at Intel, but with the volume knob turned to 11.
He used a very large crane to pick up the building and rotate it 87 degrees, so not a complete turnaround but better than before.