INTC Stock is happy with the 12K employees losing their jobs. Make Intel great again. This is what its all about. Capitalism. The more heads they chop the better stock market will do. Since this is the case expect more layoffs. It makes the stock holder happy
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What part of my message don't you understand? What does this have to do with Bernie? Look at the stock price today? If the head count reduction was a bad thing the market would have punished Intel stock. This is exactly what the market is looking for. Keep cutting head and hopefully something comes out of it. They don't know two weeks after layoffs they will start hiring like crazy. Its all a game they play to keep the stock up. H1S understand where I am going with this. This buys time for BK to keep piling $$ before he is kicked out. All these CEO's do the same thing and retire.
I think he's being sarcastic... in that BK will do whatever it takes to make Wall Street happy today, and when he runs out of layoffs to make, by that time, BK will be rich enough to own 1000 Burger Kings (see what I did there) and sell burgers instead of x86 processors. One commodity for another.
Did Bolshevic Bernie tell you this OP?
OP knows little about capitalism, probably only what Bernie says. Such a shame so many are financially illiterate these days.