You’d think in a sane world news of Intel pulling back on building new factories in the face of no new products, and no new customers and massive layoffs would be a good thing.
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You need 150% to make it to levels reached in just January of this year.
It’s been in this 20-60 trading range for 25 years. Dead money in the absolute best case.
Why waste your career with zero RSU appreciation?
This thing is a tu-d.
Board member who was brought in to help reform the company 2 years ago resigned today.
Is anyone surprised that Magdeburg (Germany) site is potentially on hold ? The photo staging and PR announcement has been done to benefit so-called leaders.
@vmi+1u8DZZvK Geopolitical hazard, but you are right.
Why would putting the Magdeburg site on hold is a bad thing? We are trying to stop the bleeding. That should be a good thing, no?
Public reports that Magdeburg (Germany) site is potentially on hold
Maybe 15% layoff not enough.