That's because upper management benefits from the greatest double standard in history. Good results are attributable solely to fantastic management. Poor results are attributable solely to the stupid engineers screwing it up. Therefore, upper management always deserves a huge bonus!
As the CEO, and his bonus, actually really big despite the poor results of the company (STM and ST-ericsson), are confirmed and approved by a number of commetee (board,Exec commetee corporate governange commetee.....) and finally approved by the investors, it seems that we miss something in the whole picture......
Last note: does Bozzotti have a strategy?
Replay available now: A handful of emerging network technologies are competing to be the preferred wide-area connection for the Internet of Things. All claim lower costs and power use than cellular but none have wide deployment yet. Listen in as proponents of leading contenders make their case to be the metro or national IoT network of the future. Rick Merritt, EE Times Silicon Valley Bureau Chief, moderators this discussion. Join in and ask his guests questions.