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Old September 6th, 2006, 04:09 PM
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Default OT: Intel Laying Off Workers

While this isn't exactly new news, News Link, I find it a bit irritating that INTEL, so used to being the dominate player in the chip world, has to whine about loosing market share. Too hell with them, their market tactics, sue your compitition, exasperated pricing, hard handed customer service, and general "we are better than you" attitude that they have and had promoted for a decade has earned them a lower spot on the chip market totem pole.

"Oh my! Our market share has dwindled in the face of competition... poor us." Give me a fricking break! I know many people who work for Intel, and they all say that this is about greed pure and simple. The higher ups want a bonus and the stock holders want results. So how do you keep your six figure and seven figure bonuses and keep the stock holders happy in the face of declining sales? You shaft the workers.

Intels business model did not alow for competition. If competition such as AMD arose, they delt with it by filing lawsuits over such things as copy write violations and intelectual theft. It was an AMD chip that first broke the 500 mgh barrier and that should have been a wake up call for Intel. But instead they went about business as usual and as a result have lost market share. Now they cry fowl and expect people to feel sorry for them.

They lay off workers, and tell government officials that unless they can help them, they will have to lay off more people. WTF! What kind of help does Intel expect the governement to give them? More tax breaks? They pay less for property tax in Oregon than most low income families. No this is just a ploy to by the big wig pencil pushers to pat their bonuses while misleading the stock holders on the actual value of the company and its future earinings.

If Intel cannot deal with competition, then perhaps its time they did go under.
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