this post was submitted on 02 Nov 2024
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[–] CookieOfFortune@lemmy.world -3 points 2 weeks ago (1 children)

A tech company is not like a bank though, its value is not just in assets but in expertise. Is the plan to layoff all the engineers or pay them less? Is the plan the company generates profit? What if it can’t compete anymore and is just a money sink? And if you’re just going to sell it for assets then how’s that different from letting the company go bankrupt?

And licensing it out to contractors? That just sounds like a huge money sink.

[–] vzq@lemmy.world 8 points 2 weeks ago

Listen, Intel is fucked. It’s fucked right now, and getting bought out by someone else isn’t magically going to unfuck it. Saving the company is going to take money and effort.

We can also just let it go up in flames. No skin off my back.