1131
Intel is laying off over 15,000 employees and will stop ‘non-essential work’
(www.theverge.com)
this post was submitted on 01 Aug 2024
1131 points (99.0% liked)
Technology
59312 readers
4526 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yup. A better simile is Boeing. Quality don’t matter if cutting it makes number go up. Oops.
Well it's cannibalizing the company. You're absolutely right about Boeing.
HP was another example. Fire all the engineers and R&D types, rush whatever's already in the pipeline into production. You get a couple of fantastic quarters because you have new products without the R&D costs. But then you run out of new products in the pipeline and everything goes to shit because you killed your golden goose.
I will always say, "Fuck Carly Fiorina" for ruining the finest company in the engineering world.
Absolutely. What she did to HP was almost criminal.
HP, Boeing, Intel (twice now)...