Intel CEO Brian Krzanich has gone full social justice warrior and now his company is suffering.
Last month 12,000 Intel employees were laid off, representing 11% of its total workforce.
In January of 2015 Intel announced a $300M
purge of white men diversity initiative. Since then Intel’s stock has fallen like a rock.
Intel Is Worst Performing Dow Stock This Year: Year to date, the worst performing stock in the Dow Jones Indus… https://t.co/vHMR2BOnDu
— Albert Cole (@AlbertColeUK) April 24, 2016
Instead of claiming responsibility for the failed effort Krzanich is claiming that his white employees are threatening him over his mad push for non-Asian minority engineers.
Interesting: Intel CEO describes employee 'threats' over diversity initiative https://t.co/c78nhWWWGr
— Casey Parks (@caseyparks) April 25, 2016
But like all social justice warriors there’s no evidence that he ever went to the police with those threats.
Who will be the brave journalist to ask him about that fraud during Intel’s earnings call?
To be sure Krzanich deserves credit for sacrificing his company’s talent in favor of foreign workers.
— Michelle Malkin (@michellemalkin) April 20, 2016
And feminist harpies. Intel wasted money in its relationship with Feminist Frequency’s Anita Sarkeesian.
— YoursTruly_of_course (@truly1984) January 13, 2015
Krzanich is even palling around with Jesse Jackson — just as Carly Fiorina did before her company collapsed.
Krzanich promised Jesse Jackson that Intel would succumb to pressure and publish minority pay gap data by gender and race.
— SV Rainbow Push (@PushTech2020) April 22, 2016
Meanwhile several U.S. senators are pressuring the SEC chair to tell publicly traded companies to reveal their diversity numbers… or else.
— Muzaffaruddin Alvi (@Muzaffar1969) March 4, 2016
Long term we’re thinking of building a fund just analyzing social justice warrior run companies and bets against them.
If you’re interested in hearing more, email us at email@example.com.
I have shorted ten companies based upon my Johnson dollar diversity dilemma hypothesis and all ten are down in exactly the numbers and time frame I thought they would be. Thanks, social justice warriors!