Is anyone following the Intel firing their CEO story?It’s interesting to say the least.
“Last week Intel fired their CEO Brian Krzanich, allegedly for a consensual affair with a staffer which violated their non-fraternization policy. This flimsy excuse is just that. To us it looks like a cover for what is really happening and a sign that the deep and abiding problems at the company are not going to be honestly addressed by the board. Instead they will be swept under the rug as much as possible for as long as possible. Things are really that bad.
Against this window into the minds of the Intel hierarchy we have the second problem, past CxO behavior. We won’t name names but do know where hard evidence of the things we describe are should need arise. These behaviors included things of both sexual nature, substances, and more at official Intel sanctioned events, the IDF after-parties for high end customers being a regular venue for this.
The sheer number of Intel employees who came to SemiAccurate saying, “I got pictures of X doing Y with a Z”, or “Want to see a picture of X using Y?” was staggering, and it occurred regularly after major company events. This is not Folsom pond skinny dipping, nor is it Broadcom drugged sex dungeon level, but if we had to choose it would be closer to the latter in nature.
These behaviors were not hidden, not secret, and given how many years this carried on for, there was no way it was thought of as unsanctioned. Past CEOs and CxO partook and everyone knew. If there is truly any non-fraternization policy, no-drugs policy, or no-anything else policies, they simply were not followed for over a decade that we know of. It is also not just a male executive and female subordinate issue, one high ranking female CxO was known to be having a long term and not hidden affair with their male subordinate. This went on for years until enough people are said to have complained about the subordinate’s rapid promotions. Eventually the subordinate was moved to a different command tree with no one getting so much as a slap on the wrist.
SemiAccurate can only think of one ex-Intel executive who we would be confident in saying did not take part, and it is rumored he left the company because he could not affect changes in such behaviors.
To make matters worse for Intel we come to the third leg of their problem, everyone knew. By everyone, SemiAccurate has heard from at least three Intel employees that all said this alleged affair has been going on for years and was no secret at all, it wasn’t even hidden. If everyone knew, it was consensual, and quite in the open, it follows that the board took swift action and fired BK for it last week, right? Again, we don’t buy that excuse for a second.
Now for the real problem, the public reasonings for the firings are quite simply a pathetic excuse, so what are they covering up?”
- Tumblr EbpG66Dayum! "The sheer number of Intel employees who came to SemiAccurate saying, “I got pictures of X doing Y with a Z”, or “Want to see a picture of X using Y?” was staggering, and it occurred regularly after major company events."
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- Intel UGeJ58It is known that Intel has colluded with Russia for Donald Trump. It was in hopes that stock prices would rise so that BK could take advantage of Intel not doing anything about Insider Trading. If you don't know about insider trading, be sure to follow up with the click-bait training module. Don't forget to print out your certificate and use 1 1/4" self-tapping wood screws to mount it to your fridge door!Jul 31, 20180
- Is intel hiring? Damn! Why are you so bothered if someone uses drugs? If they perform who cares. Sounds like they throw some kick ass parties and close deals in the process. If it’s a consensual non subordinate relationship who cares?
- Of course hence my statement of non subordinate. Yes, if a boss is banging their underling (men or woman boss) that’s shady as hell. This write up reeks of a bitter employee look to put someone’s ass in a sling. They fired the ceo for what they learned. What more do you want?
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- Google IDXeDFDo people actually believe he was truly fired for having an affair with a subordinate? Come on now.
- Maybe they need to hire a chief partying officer - anyone know where I can submit my resume?
- Why so much hate against Intel? The company is a pioneer in tech industry.
The boom in tech jobs thanks in partly to semiconductor company like Intel. You should all be thankful. I disagree they are boring, hell most of your machines run the latest intel chip 🤦♀️
- Appreciate the kind words Apple. It's still called Silicon Valley, not Cloud, AI/ML, SaaS Valley. Though your Macbooks will soon drop x86... so thanks? There's a reason why Andy Grove said do not partner with Apple twice. Apple usually does their silicon and HW IP providers dirty in the end: Imagination, Qualcomm ... we are next. I don't blame you guys though. It's just business.Jun 30, 20181
Dropping Intel was to be expected, given we have huge SEG team and the benchmark on A series cpu looks insane. But Intel will be alive and kicking.Jul 1, 20181
- Intel TelusNo need to have so much hate for Intel. It's a great company with great people. Sure a few douchebags at the top. And a former CMO who did exactly as BK CEO and other CEOs before him. It was bs then and bs now. But at least Intel is doing something about it. Unlike many govts, biz and industries. I'm just saying don't dis 100,000 talented and committed employees over the actions of a few. I love working there, and hope to keep building my career there. They've treated me well, and others like me are committed to keep growing the business and fixing the issues.Jul 3, 20180
- Facebook a1b2c33333I didn't know about the Broadcom sex dungeon, not bad. Way better way to spend that money than boring stuff like investments
- people used drugs. this is a chip manufacturing company, what is the concern about their morales.
i buy my processor without knowing or caring who their CEO is.
i dont care who sleeps with who, or did xyz at a party. the fact that this is written as if we should be offended, and is grounds for removal is so silly. get over it
- relatively speaking these parties are not even noticeable on the balance sheet.
thats exactly why you used shit-ton, to describe the amount because intel posted 62 billion last year, so even if all the parties combined cost 10 million thats liiterally 0.01% and im being generous.
stop worrying and let adults do what they want
- Balance sheets get fudged all of the time. Ever done Financials? I have.
If company money weren't used, fine. The adults can do whatever they want. If company money were used for hookers and blow, then I should have a problem.with that, especially when departments aren't paying for basic staff development.
There are innumerable employees who show up to work every day and wonder if they are going to lose their jobs. It is no secret that Sales are blowing money unnecessarily. Intel isn't earning more money than they were a year ago. They cut enough employees to make it pencil out in their favor. If you haven't worked there, then you wouldn't know.
I left two months ago. They cut so many people over a particular age that the FCC is investigating Intel. The loss of those people is where the record profits originated.
- Tyler Technologies / EngRGOd34It sounds like Intel is on a downward spiral. Apple makes its own chips and even Microsoft is experimenting with ARM based chips.
- JCPenney AeriosHe lost his job because Intel missed out on mobile and because his personal behavior provided an opening for dismissal.
Intel did great under Krzanich in their core server, desktop, and laptop market (the latter two not moving early 2000s volume though). Nobody can argue that. But part of being a CEO of a dominant player is also grabbing emerging markets and Intel failed (despite Atom Zs being awesome running Android, but GPUs were Apple leftover trash from ImgTec).
- Tableau pYmd62OP you should tag Intel employees in the post so we can get what they have to say
- Intel is a shitty company that's only around now because of the shitty things they did to AMD.
- It's a lengthy read, but Intel did a series of shady things to sabotage AMD, including bribing/vendors to limit support for AMD and changing their compiler to intentionally throttle AMD chips (second comment on the chain).
https://www.reddit.com/r/pcmasterrace/comments/3s5r4d/is_nvidia_sabotaging_performance_for_no_visual/cwukpuc/Jul 8, 20180