Dec 13, 2024 01:56 PM IST
Reportedly, Intel’s board of administrators gave former CEO Pat Gelsinger a option to resign, or he would have been fired. He resigned on December 1.
Intel’s former chief government officer, Pat Gelsinger, reportedly resigned on December 1. In line with studies, the surprising determination got here after the corporate’s board of administrators requested him to resign, stating that in any other case, he can be faraway from the place. Since then, he has been repeatedly posting on X, retaining his followers up to date. In a latest publish, he revealed that he was going to quick for a day for the 100K Intel workers as they navigate this tough interval.
Former Intel CEO Pat Gelsinger was compelled out of the corporate in lower than 4 years after taking the place. (REUTERS) What did Pat Gelsinger say on X?
“Every Thursday I do a 24 hour prayer and fasting day. This week I’d invite you to join me in praying and fasting for the 100K Intel employees as they navigate this difficult period. Intel and its team is of seminal importance to the future of the industry and US,” the previous CEO wrote.
“For all who are joining me today in prayer and fasting for Intel and its 100K employees, their families and communities – thank you,” he added.
Check out the publish: Social media’s tackle the matter:
“Obviously, the mindset of Intel’s leadership is the problem. You can’t run a company at the forefront of technology clinging to dogmas and prayers. Leadership 101: Create a vision, hire the best people, communicate your vision clearly, and this company will thrive,” wrote an X consumer. One other added, “Sir I believe laid off intel workers are still fasting now.”
A 3rd commented, “I thought this was a parody account.” A fourth expressed, “Not sure if prayer is all it takes but agree with the sentiment that Intel needs to be saved. It needs a visionary CEO and leadership at every level. It needs to be restructured. How about doing back to basics or merit and hard work over everything else?”
Why did Pat Gelsinger resign?
Intel’s board provided Gelsinger the choice of resigning or being compelled out as a result of they felt that his plan was not working quick sufficient, reported Reuters. The technique he adopted reportedly lowered the corporate’s free money move and elevated its debt.
Who’s the brand new CEO of Intel?
On December 2, the corporate introduced Pat Gelsinger’s retirement, including that senior leaders David Zinsner and Michelle (MJ) Johnston Holthaus would be the interim co-chief government officers till the board of administrators appoints a brand new CEO.
What are your ideas on Intel’s ex-CEO Pat Gelsinger’s publish?
(With company inputs)
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