Management have lost their way long ago since Grove's departure. Culture of promotion today is based on buddies with higher ups, nothing to do with capability. Almost (not all but most) the whole hierarchy from top CEO to lower level management are all brown nosers and a kissers. The only reason Intel survived so long was due to Grove's leadership to corner the entire PC and server market with no competitor in sight. Looking at how MIT and IT keeps promoting folks who build their career through socializing, drinking, entertaining higher ups, ... I doubt much will change in Intel. Even in current layoff, there is no change in leadership in IT and MIT, still the same brown nosers and a kissers. I highly doubt Intel can transform itself. As long as DCG is printing $$ with its ridiculous pricing, the party carries on. But for how long more!