Thread regarding Intel Corp. layoffs

The death of U.S. companies, by selling off oneself bit and bit, until it can't compete....

It is my observation, that U.S. companies are very unique. U.S. companies, unlike foreign companies, have a tendency to think way too short term (make shareholders happy with a short term share price gain), and a huge sacrifice to long term viability.

U.S. companies will

  1. engage in excessive stock buybacks (a short term share price fix, if at all),

  2. partner with overseas companies like in China in exchange for money (when reality it is knowledge transfer from the US company to the foreign company or government, knowing those "partners" will eventually turn into your competitors one they have caught up.

  3. trade short term sales in those foreign countries, in return for favors to the foreign government to provide more jobs and training to workers domestically so those local companies and workers can learn the know how of the U.S. company's business.

  4. Reduce investments in the U.S., reduce headcount in the U.S, reduce R&D in the U.S., and replace U.S. workers with workers elsewhere.

  5. Attempt to sell goods and services in the U.S. to a now dwindling middle class in the United States.

No other country in the world does this to their own companies and their own countrymen and women. Only American companies. This isn't the fault of foreign workers, this is completely a recipe to self-destruct, started by the American company itself.

Intel, Qualcomm, AMD, for example, are all heavily spending in China to partner and open up research/development centers in China, per request from the government in China, essentially enabling their own competitors that will be able to produce things much cheaper in the future. Microsoft just announced selling a huge arsenal of U.S. patents to Xiaomi, in exchange for "access to the market in China". These patents Xiaomi, for example could use, to thwart/sue/stall US technological development not only by Microsoft in the future, but every other U.S. tech company including, but not limited to, Apple, Intel, Amd, etc.

Why do US companies continue to operate with such a short sighted mindset. Companies in China, Taiwan, Korea, Japan,India are going to eat U.S. company's lunch, and there's no one else to blame but the U.S. company's short sighted vision itself. And pretty soon, there won't that much left here. This isn't about co-existence in a global market. This is about U.S. technology company extinction.

As a tech worker in the U.S. I would take a serious hard look at your employer, and figure out where the majority of the investment is headed. If your employer is investing heavily outside of the U.S. versus here, things won't look very good for you here. It's best to look for employers that spend more here.

Examples: Tesla, Amazon, to a lesser extent, Apple (maybe no longer under Cook's watch).

Anti-Examples: Intel, Qualcomm, Amd

by
| 1007 views | | 9 replies (last June 2, 2016) | Reply
Post ID: @OP+HGGjKdN

9 replies (most recent on top)

It's called CAPITALISM for obvious reasons. Go ask our BAIN consultants... they know why. Or maybe Mitt Romney who has a stake in BAIN?

by
| | Reply
Post ID: @1xue+HGGjKdN

Drugs will be legal if Trump wins

by
| | Reply
Post ID: @get+HGGjKdN

This is exactly the problem. Some are talking about "entitlement" but the destruction of our country, its economy and its people by the government that was supposed to represent its people, not destroy them. Many of these business practices used to be illegal, before 9-11 changed everything. Going into debt to pay shareholders and CEOs was once stock manipulation. These international corporations are destroying us. After all, the only entitled non-competitive cog is this is Wall Street and its CEOs. They don't suffer from globalized wages and government does their bidding. That's why the only us growth left is in subsidized frauds like pharma.

by
| | Reply
Post ID: @kkw+HGGjKdN

The trend is same across all companies in the world.

by
| | Reply
Post ID: @ojb+HGGjKdN

-yob.. Forgot to include HP into the list...

by
| | Reply
Post ID: @sna+HGGjKdN

-kuy. No charity case at all. Quit being an idiot.

As a counterargument, let's put it this way...You can make a heck of a lot more money as drug dealer than your current job or unemployed status. And if your'e a drug dealer for only a year, you'll probably make more money that 1 year than you would with your current job working there for 10...

Why aren't you a drug dealer then? Seems to be a no brainer, if money is the only objective.

by
| | Reply
Post ID: @prp+HGGjKdN

Motorola and Intel have this in common - arrogant, ignorant 'royal' executives that are directly responsible for the rapid declines of these two once great companies.

by
| | Reply
Post ID: @yob+HGGjKdN

If there is money to be made abroad, why should they care about you? You would do the same if you want know how. You want charity go to soup kitchen not Intel.

by
| | Reply
Post ID: @kuy+HGGjKdN

And most importantly, when the U.S. companies have successfully decimated the American middle class, pretty soon, there won't be a big enough consumer base left to support all the crap these companies want american consumers to buy...And while it's a pipe dream to take into that billion-person market in China, US companies should wake up that in that large market, it won't be able to compete against the China/Taiwan/Korean/India domestic companies once they have caught up.

Motorola is a poster child of this. For decades, Motorola was revered as the leader of cellular. Motorola University TRAINED every single one of it's competitors on know-how. Samsung, LG, HTC, Lenovo, Huawei,etc. All trained by Motorola. For what? To self terminate and self destruct, only to be sold to Lenovo in the end.

by
| | Reply
Post ID: @toc+HGGjKdN

Post a reply

: