- President Trump has demanded that Intel’s CEO resign
- But the tan of the lips is not leaning before Trump’s demands
- Intel has reduced its US factory workforce.
President Trump has not been afraid to take advantage of his influence to try to pressure organizations on politics or changes in staff, and his most recent vendetta is against the CEO of Intel Lip-Bu Tan.
So is accused by Trump of being “enormously in conflict”, and the president of the session demands his immediate resignation, claiming that there is no “other solution to this problem.”
Trump’s call occurs after Republican Senator Tom Cotton wrote to Intel’s board of directors about the alleged “about” links with so with Chinese companies.
Political pressure
The conflict that Trump and cotton refer is the alleged control of such on multiple Chinese companies, some with ties reported with the Chinese army, as well as investments in Chinese technology companies, and an extended period as CEO of the technological firm Cadance Design Systems.
Apparently, ties with cadence design systems seem to be the conflict point for Trump, since the company declared it guilty of illegally exporting chip design tools to restricted Chinese military organizations, and paid more than $ 140 million in sanctions, although it was not personally accused.
“There has been a lot of wrong information about my past roles in Walden International and Cadence Design Systems,” he said so in a statement to Intel staff.
“I want to be absolutely clear: more than 40 years in the industry, I have built relationships worldwide and in our diverse ecosystem, and I have always operated within the highest legal and ethical standards,” he said.
“My reputation has been based on trust, doing what I say I will do and do it in the right way. This is the same way I am leading Intel.”
Intel has recently been under fire, having reduced its staff in a series of layoffs that have affected more than 20,000 workers, or 20% of their workforce.
A great change of policy of the company has seen factory jobs cuts in the US.
Although he may not feel out of place in the current administration, under any other context, the head of state that requires that a prominent business leader resign would be extraordinary, and an example of the type of government overreach that the republicans of libertarian inclination would probably consider an Orwellian attack in the free market.
