GianFabien 14 hours ago

The analyses tend to focus on the CEO. With a company as massive as Intel, there are layers of managers who might be busier building empires than focusing on business essentials. Furthermore, with a large number of foreign born technical staff, the best are probably returning back to where they came from and earning better salaries and getting promotions.

You can't layoff 15,000 employees and expect the morale nor productivity to improve. The most talented staff simply jump ship, which leads to the average level of talent to drop.