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Intel was once a Silicon Valley leader. How did it fall so far? (www.vox.com)

submitted 3 months ago by jeffw@lemmy.world to c/technology@lemmy.world

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[–] veni_vedi_veni@lemmy.world 3 points 3 months ago* (last edited 3 months ago) (1 children)

Well run cost center departments don't boost quarterly results, ergo they are deprioritized.

They are looking out for themselves rather then the company, because of the incentives in place.

We are living in weird times where stock price doesn't really correspond with company health, so their actions reflect against that metric against all others.

[–] dwalin@lemmy.world 2 points 3 months ago

I think it was a mindset shift. Right now short term stock value is more important because the shareholder profile also shifted from someone that holded the stock to someone who wants just to turn a quick profit.