Intel cuts 11000 to "please" the stockholder. As an employee and stockholder, intel stock is "stagnant" for the last 15 years. That's the label they use that received VSP and are on the chopping block. The stockholders should all get together and ISP the entire board for Intel stock being stagnant since it has exceeded the 1 stigma criteria which gets the VSP offer.
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List of companies that laid their way off to prosperity:
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Good Idea, vote them out. At least shows them discontent, they have been failing for 10+yrs now
Need to layoff another 10,000 to have the stock go up 10%.
It's Intel's turn to die. DEC and Sun died 15 years ago so that the industry could thrive on lower cost platforms. It's ARM's turn to take over and Intel's turn to die. To everything, turn, turn, turn.
Hello OP, Brian Krzanich writes. Please, I am raising the hand here... Shareholders, ISP/fire me immediately, and ASAP seize my term as current struggling INTEL CEO. Please, please, put me out of my misery!
Do not forget one thing: immediately vested 2000000 INTEL RSU units in my favor (my golden parachute).
I'll gladly pass my CEO crown to Murthy clown. Let him taste Murphy's Law, alias augmented reality ailing Moore's Law.
Good idea. Most of the no-ñame, no record Board need to be removed for zero results in the shareholder growth. This is absolute data that clearly shows they have failed to grow the company in anyway. None of the middle management will ever get together for an uprising since they are in fear. It's much easier for them to fire people below them and milk Intel at the same time. Very weak people.
Good point. I will vote my shares against board