this post was submitted on 14 Jul 2024
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[โ€“] gravitas_deficiency@sh.itjust.works 140 points 3 months ago (1 children)

They focused on cost cutting and stock buybacks instead of, you know, the extremely advanced R&D that making new integrated circuit technologies and incorporating them into products at scale requires.

[โ€“] Wispy2891@lemmy.world 17 points 3 months ago

First thing you do after a bad quarter is to fire some thousands of engineers at random