[AtlasBarfed]

Interesting to me is that Intel was constantly shedding people in 2008 and 2009 with high revenues, high market share, tech leads, etc.

Smacks of financialization and wall-street centric managerial groupthink, rather than having the talented engineers to fight the coming mobile wars which were already very very apparent (thus the Atom), or even the current war of failure in discrete graphics.

Once the MBAs gain control of a dynamic technology company (I saw it at Medtronic personally), the technology and talent soul of the company is on a ticking timer of death. Medtronic turned into a acquire-tech-and-products-via buyout/acquisition rather than in-house, and Intel was also a treadmill of acquire-destroy (at least from my perspective Medtronic sometimes acquired companies and they became successful product lines, but Intel always seemed clueless in executing their acquisitions.

I look at all the 2000s acquisitions of Intel: sure shows they were "trying" at mobile, in the "signal wall street we are trying by acquiring companies so we keep our executive positions" but zero about actually chasing what mobile needed: low power, high performance.

[acroyear]

shedding ppl in the USA, yes. bringing on hordes of cheap engineers from India and Malaysia at the same time though. labor arbitrage was probably MBA-think as well, to your point. (also, Intel was sued along with other big wheels for collusion, i.e. agreeing not to hire from one another in the US to keep salaries down - they settled this class action suit). managed demolition of a once great company.