[honkycat]

Intel needs to course correct.

I live in the area and know a LOT of intel fab workers.

The issue is not the workers: Intel has been captured by corporate raiders and toxic management.

They aren't interested in making chips or an innovative company. They just want to squeeze the juice out of the company until it is dry.

That is why it is so bad.

[lotsofpulp]

They were not caught by corporate raiders (feel free to provide names of outside investors that caused them to stagnate).

Instead of investing in the future and paying top dollar for top employees, the Board paid the shareholders (even 20 years ago). They never even tried to compete for the best employees, and instead let them all go to Alphabet/Apple/Amazon/Meta/Microsoft/Nvidia/Netflix.

This includes the employees in management.

[phkahler]

That became abundantly clear when Jim Keller walked in and out so quickly.

[hollerith]

>Intel has been captured by corporate raiders

Could you explain to those of us who don't understand how corporate raiders have influenced Intel's strategy?

[nobodyandproud]

Does that mean Intel needs to go private?

[phkahler]

Hahaha that would nail the coffin shut!

[nobodyandproud]

Not private equity. Just a stock buyback in order to have full control.

Listed companies are too vulnerable to short-term thinking, thanks to the meaningless “fiduciary duty”.