I think the journalist is bang on point. The company can pay $1.5B in dividends but cannot pay enough to keep their workforce. Corps will do everything to avoid paying their workforce fair share of the profits.
The Intel workforce and leadership is failing to perform and continue bringing in sufficient revenue to justify a workforce of its size, and they will all lose their jobs anyway if it continues.
That seems a good reason not to spend money on dividends which I don't think will help the company become more profitable. Cutting jobs to save money is understandable, but the savings should be used to invest into the business.
anonporridge|2 years ago
The Intel workforce and leadership is failing to perform and continue bringing in sufficient revenue to justify a workforce of its size, and they will all lose their jobs anyway if it continues.
forty|2 years ago
readthenotes1|2 years ago
I assume,based on my observations, that most companies have employees that impede productivity.
But, i do wish companies placed their responsibility to their employees over shareholders.