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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
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Yup. A better simile is Boeing. Quality don’t matter if cutting it makes number go up. Oops.
John Deere smiles and waves from the sidelines.
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)...