That's a damn shame. Big tech monopolies are screwing up the talent market. Nobody can match their comp and it's bullshit
That's a damn shame. Big tech monopolies are screwing up the talent market. Nobody can match their comp and it's bullshit
But alas, Intel is a mega bureaucratic company with a few tiny siloed teams responsible for innovating and everyone else being test and process jockeys. I think Gelsinger wasn't given enough time, personally, and agree with the OP that even someone like Elon would struggle to keep this sinking ship afloat at this point.
BK wanted wearables and Bob Swan wanted to cut costs; neither of them were visionaries nor did they really understand that Intel was a hard tech company. Intel had achieved such dominance in such a in-demand, growing market, that all they had to do was make the technology better (smaller, faster, lower power) and the money would continue to flow. The mandate was straightforward and they failed.
No one stopped Intel from paying for talent. Intel’s shareholders decided to pay themselves instead of investing in the business by hiring great employees. That’s how you go from being a leader to a laggard.