Intel got rid of a lot of their senior engineers through forced retirement, or outright firing since they are expensive. Add to being heavily poached. They had a HUGE lead everywhere so the bean counters decided to cut costs. Looked great short term on the balance sheet, but it has proven very expensive in the long run.But can't that be turned around? Surely it must be possible for Intel to build some great CPU architecture/design teams if they do not already have that at the moment. Or is the mismanagement that deep?
While they still have good engineers, their bench isn't all that deep any more.