• Hugin@lemmy.world
    link
    fedilink
    English
    arrow-up
    86
    arrow-down
    2
    ·
    3 months ago

    The company had always been run by engineers that came up from chip fab. Then they fired both the CEO and the head of fab for sexual harassment.

    Then they make the CFO with a MBA the new CEO. A year or two latter and chip design is having problems and fab is falling behind.

    • juice702@lemmy.world
      link
      fedilink
      English
      arrow-up
      16
      ·
      3 months ago

      Sounds similar to what happened to Boeing. Once ran by engineers now ran by people suckling the teat of board members. Quality goes down, profits go up for these assholes.

    • Buffalox@lemmy.world
      link
      fedilink
      English
      arrow-up
      14
      arrow-down
      2
      ·
      edit-2
      3 months ago

      Intel fell behind on chip manufacturing while the CEO came from that department.
      Allegedly because their strategy was too ambitious at the time, or at least that was the official excuse at the time.
      So your summary is not entirely fair.