Thread regarding Intel Corp. layoffs

Intel must do something it has never done after inglorious exit for CEO

https://www.marketwatch.com/Story/after-krzanich-exit-intel-must-do-something-it-has-never-done-2018-06-21

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Post ID: @OP+TNuN9YM

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@TNuN9YM-mnc What you get when AB selects the 🤡 from San Jose State

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Post ID: @1ybo+TNuN9YM

Idiot SOB hypocrit Krzanich got a taste of his own medicine. Humiliating end to him and his tenure. Removed in complete disgrace. He received great pleasure humiliating others that got in his way along with thousands of truly dedicated employees whose lives and careers he personally ruined. Great that the general public finally got to see what this numbnutz had been covering up for years. Deserves to go down in flames.

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Post ID: @mvz+TNuN9YM

"Intel said the same when Krzanich’s predecessor, Paul Otellini, resigned in 2012, which was news at the time just for Intel’s admission that it would consider outside candidates. Eventually, though, the job came down to three insiders: Krzanich, James and Smith. James eventually left to found chip startup Ampere Computing Inc., while Smith retired at the end of January.

That decision did not turn out so well for Intel, even before the embarrassing end Thursday morning. During Krzanich’s time as CEO, Intel fell behind in manufacturing process technology for the first time, lost its title as world’s top chip maker to Samsung Electronics Co. Ltd., had major security flaws in its core chip architecture exposed by outside researchers (with an embarrassing Krzanich stock sale wrapped in to boot), and fell behind Nvidia Corp. NVDA, -2.40% in artificial intelligence and machine learning while Advanced Micro Devices Inc. AMD, +0.96% surged back into legitimate competition.

“I could write a book on the mistakes he has made since he was CEO,” Enderle said. “This was the one thing [the board] had in their portfolio that didn’t make it look like it was a company problem.”

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Post ID: @mnc+TNuN9YM

“[Krzanich] has a history of taking out anybody who might be a challenger to his authority,” said Rob Enderle, principal analyst at the Enderle Group who has followed Intel for decades. He noted that departures under Krzanich included Stacy Smith, the former president of group manufacturing; Renee James, former COO; Diane Bryant, former head of the data center business; and Kirk Skaugen, previously head of its PC business."

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