Or Intel has found cover from other tech shops to 'do the necessary' and prune the dead wood. It's about time the C level began to look at employee performance and contribution to profits or losses.
Good point; maybe this is the least effort way for C level to do something without doing hard work. We will see over next couple years how attrition works out.
Employee performance is nothing without good leadership and sound strategy. Intel seems to be lacking both, and it’s not the fault of most of the employees getting pay cuts.
I think it’s cool watching giant companies fumble over and over strategically but see comments applauding cutting workers. Why would you trust their wisdom on this decision? So weird how this country admires the most dogshit performing executives