'No more blank checks': Intel to cut 25,000 jobs and enforce office return

'No more blank checks': Intel to cut 25,000 jobs and enforce office return(sfchronicle.com)

7 points by incomplete 296 days ago | 4 comments

os2warpman 296 days ago |

Watching the slow, then sudden, collapse of Intel as they try to MBA their way out of the state they MBA'd their way into is going to be fun.

What's the end going to be?

DECesque? (sell everything off at bargain prices before the pile of what's left gets purchased by someone else who eventually fails as well, probably due to buying the pile of junk)

IBMific? (just hollow everything out and make your living ripping off an ever-shrinking audience of captive customers, also lie about AI for 30 years)

HPtastic? (spin the good, profitable, solid, parts off in order to "focus on our core business" while a constant parade of more and more morally bankrupt rock star MBA/finance losers who end up getting so paranoid and territorial as the walls close in around them that they make desperate, insane, "plays" like selling an Apple iPod with HP written on the side and doing things that make the actual HP spying scandal look like a cakewalk take the reins)

Straight up financial fraud as things keep getting worse?

Huge government bailouts?

Because I can tell you what it's not going to be: "selling a product that is better than your competitors".

arresin 296 days ago | |

> Huge government bailouts?

If I had to bet it will be this.

PaulHoule 296 days ago | |

AMD can carry on x86, the world doesn't need a second source now that x86 has ARM to keep it honest.

up-n-atom 296 days ago | | |

Problem with AMD is that it’s heavily tied to Taiwan and its government, similarly to nVidia, and that presents itself a bigger problem for the defence industry and geopolitics for both the USA and by proxy Isreal if Intel dissolves. As is unfolding in the USA and has unfolded in the past with the USSR, you can’t remain a superpower without a self sufficient at “home” chip industry, it must keep on existing and evolving. Alas IBM would be the fallback and not AMD in dire need with Apple or better TI not far behind.

Intel can’t and likely won’t fail, just as Boeing can’t. They’re integral to the defence of the country and government bailouts will keep them afloat for the eternity of power. Upper management knows this and they can line their pockets regardless of the impact on the consumer branch, all within reason and diligence not step on too many government toes.

Sucks that it has to get political but you can get too big to fail. All said and for the sake of their technical legacy that they do succeed and remain competitive.