Thread regarding Intel Corp. layoffs

On this day, remembering Larrabee and other ventures that yielded little to no return; who pays the price for leaderships' mistakes?

Larrabee was a big deal years ago. The big wigs wanted to go after the high end gaming market plus parallel processing. Then, one day, all the hot air that filled the Larrabee balloon just disappeared, leaving a deflated, limp balloon. Did any upper management heads roll for that?

There are other examples of failures, misses, lack of strong leadership, and indecisiveness in how to focus limited resources in mobile which led to the departure of anand chandrasekher, who subsequently joined Qualcomm.

Then there are more recent failures like Broxton.. who pays the price for these failures and misses? Otellini? BK? - nope looks like it's SLM, FLM and downwards that ultimately feel the pain..

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| 1957 views | | 14 replies (last May 20, 2016) | Reply
Post ID: @OP+Ht7m7fB

14 replies (most recent on top)

coughmcafee *cough

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Post ID: @1xlx+Ht7m7fB

"Intel has acquired 76 companies since 1997. Does anyone know of JUST ONE of these that has added value to Intel?"

Many of these could have added value to Intel had they been part of a coherent and ongoing strategy that incorporated them (or their IP). But first there needs to be a coherent and ongoing strategy...

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Post ID: @1xif+Ht7m7fB

@Ht7m7fB-1fne It is hilarious. By the same logic, all the currently failing projects are the risk-taking examples to lead to the eventual successes somewhere.

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Post ID: @1apn+Ht7m7fB

Larrabee was not a failure, but an example of risk taking and being adventurous that eventually lead to Xeon PHI business!

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Post ID: @1fne+Ht7m7fB

Intel has acquired 76 companies since 1997. Does anyone know of JUST ONE of these that has added value to Intel?

https://www.crunchbase.com/organization/intel/acquisitions

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Post ID: @nne+Ht7m7fB

Jen hsun huang certainly opened a can of whoop asson Intel

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Post ID: @pio+Ht7m7fB

How BK is still getting paid is beyond belief! He should be paying Intel back out of his own paycheck for all his poor business decisions.

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Post ID: @ggf+Ht7m7fB

We have paid the price of Intel management failures two-fold. Loosing our jobs, as an employee, and decline of stock prices, as a share holder. The latest management mistake has been the layoffs which has been viewed by the market as a sign of failure and desperation. From the day of layoff announcement to today, Intel value has dropped nearly 10%.

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Post ID: @xce+Ht7m7fB

You got the "nothing gained" part right

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Post ID: @opg+Ht7m7fB

Nothing ventured, nothing gained?

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Post ID: @szo+Ht7m7fB

SLM and FLM need to shoulder dome of this blame for not being willing to challenge bad decisions by middle and upper management. The whole mgmt chain should be blamed because worker bee employees are not permitted to make decisions. Frankly, the mgmt chain in every Intel group is horrible and they do not challenge the status quo. How else has Intel gotten to this current predicament?

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Post ID: @qgm+Ht7m7fB

Oh, and let's not forget about the highly prized "Intel Values" that each employee is reminded of on the back of their badge calendars... Intel talks big about transparency, accountability, doing the right things right, etc.. but I guess it only applies to the worker bees, because what the higher ups display are LACK of transparency (such as sneaky focal vsp/isp criteria not articulated to employees), LACK of accountability based on substantive post-mortems (those big wigs who make these bright and grand decisions about company direction and product focus certainly don't pay the price - or if they do get ousted, it's a quiet behind the scenes type of thing with the public spin being that they are choosing to "pursue other interests" and other such BS reasons..., and finally LACK of doing the right things right, as witnessed by Intel being caught red-handed along with other major tech companies in the old boys network, ILLEGALLY agreeing not to poach each other's talent in order to keep salaries under control.

Any other examples?

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Post ID: @eve+Ht7m7fB

Very good point

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Post ID: @npm+Ht7m7fB

Dialogic

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Post ID: @kqe+Ht7m7fB

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