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by logicchains 2044 days ago
Not directly involved, but repeating what I've heard from others here: Intel apparently got taken over by MBA-types who didn't understand what it takes to generate long-term engineering value (a bit like Boeing?). It also refused to pay competitive salaries even when it was rolling in cash, making it easy for competitors to poach its talent.
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(Boeing brought McDonnell Douglas in 1997, but management-wise, MD's beancounting culture took over Boeing's engineering culture. A kind of reverse-merger. Several pundits lamented this in the wake of the 737-max scandal)