‘Praying, fasting for 100K Intel staff’: Ousted CEO Pat Gelsinger finds strategy to ‘assist’ troubled employees | Trending
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 keeping with experiences, the stunning 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 commonly posting on X, holding his followers up to date. In a current submit, he revealed that he was going to quick for a day for the 100K Intel staff as they navigate this troublesome interval.
What did Pat Gelsinger say on X?
“Each Thursday I do a 24 hour prayer and fasting day. This week I might invite you to hitch me in praying and fasting for the 100K Intel staff as they navigate this troublesome interval. Intel and its crew is of seminal significance to the way forward for the trade and US,” the previous CEO wrote.
“For all who’re becoming a member of me at this time in prayer and fasting for Intel and its 100K staff, their households and communities – thanks,” he added.
Check out the submit:
Social media’s tackle the matter:
“Clearly, the mindset of Intel’s management is the issue. You may’t run an organization on the forefront of expertise clinging to dogmas and prayers. Management 101: Create a imaginative and prescient, rent the most effective folks, talk your imaginative and prescient clearly, and this firm will thrive,” wrote an X person. One other added, “Sir I imagine laid off intel employees are nonetheless fasting now.”
A 3rd commented, “I assumed this was a parody account.” A fourth expressed, “Unsure if prayer is all it takes however agree with the sentiment that Intel must be saved. It wants a visionary CEO and management at each degree. It must be restructured. How about doing again to fundamentals or advantage and arduous work over every thing else?”
Why did Pat Gelsinger resign?
Intel’s board provided Gelsinger the choice of resigning or being pressured 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 movement 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 submit?
(With company inputs)
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