Zinser is a bean counter who immediately turned evil after getting promoted. He has never been qualified for a job like this. He speaks and the stock goes down. Pat should have picked up on this. Now, he is in charge of the worst layoff in Intel's storied, many layoff history. This will make SET and ACT, the Level 4 stock, and every other layoff look like child's play. Engineering teams are already doing 2 or even 3 people's jobs from the last two reductions. Now, they will be doing 4-5 people's jobs. The speed at which the cuts are being executed means nobody is really thinking about the implications. Managers who are going to be cut are making decisions on cuts while knowing they will be made redundant. Further, Intel knows there will be another wave after this one of people refusing to comply with RTO. This is why raises and stock were so good this year for most people. Intel was actively trying to bring golden handcuffs into play, fully knowing that 20% of the people would never get a day of that raise or a share of the stock award. The stock hasn't been complying and Zinser keeps opening his mouth to tank it. What CFO says, "You could argue our stock is too high"... Who is this guy?
LBT is like Biden. Zinser is the puppet master pulling the strings.