There seems to be significant opportunity to zig as others zag. Imagine the Intel letter saying "we are going to take advantage of the current hiring environment to scoop up talent, and push forward on initiatives."
imagine this approach fails and you have to go to your board? They’re going to flat you alive and call you an idiot who should’ve done what everyone else was doing since it was obvious
but if you do what everyone else is doing? Well the macro changed obviously!
EDIT: I’ve worked at big tech companies where this was a meme, where the execs would do whatever meta/google did but six months later