• hope@lemmy.world
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    11 hours ago

    My wife worked there some years ago, around when they started to fall behind AMD. Her team was a research unit looking into how to improve AI performance, and the entire business unit got laid off. Very smart move to trim any chance of pulling back ahead through R&D.

    • empireOfLove2@lemmy.dbzer0.com
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      11 hours ago

      That’s what happens when accountants gain control of publicly traded companies, they see only cost centers that look like a black hole on a spreadsheet, but provide delayed, but massive unaccounted benefits for the rest of the company’s operations.

    • sunzu2@thebrainbin.org
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      11 hours ago

      and this was happening while they were buying back their own stock?

      Hmmm as if there was criminal misconduct at play here