My wife worked there some years ago, around when they started to fall behind AMD. Her team was a research unit looking into how to improve AI performance, and the entire business unit got laid off. Very smart move to trim any chance of pulling back ahead through R&D.
That’s what happens when accountants gain control of publicly traded companies, they see only cost centers that look like a black hole on a spreadsheet, but provide delayed, but massive unaccounted benefits for the rest of the company’s operations.
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My wife worked there some years ago, around when they started to fall behind AMD. Her team was a research unit looking into how to improve AI performance, and the entire business unit got laid off. Very smart move to trim any chance of pulling back ahead through R&D.
That’s what happens when accountants gain control of publicly traded companies, they see only cost centers that look like a black hole on a spreadsheet, but provide delayed, but massive unaccounted benefits for the rest of the company’s operations.
Boeing
and this was happening while they were buying back their own stock?
Hmmm as if there was criminal misconduct at play here
More like MBA conduct … number must go up now!!! Not later, now!!!