"Our plan is to play weird shell games with money until we stop losing money."
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"Our plan is to play weird shell games with money until we stop losing money."
Intel’s big turnaround plan includes spinning off its chipmaking business
Intel will spin off its chipmaking business and pause work on chip plants in Germany and Poland as part of plans to reverse billions in losses.
The Verge (www.theverge.com)
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@mhoye what does Intel do other than make chips? I'm on their website looking at their product offerings right now, and it's just 4 different kinds of chips. Is the plan really to just wrap their debt in some flimsy legal fiction and fire all the people who would do the actual labor involved in making money? Did Enron write this plan?
Also, wtf is the verge doing just credulously printing this as though it makes any kind of sense?
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