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Intel is laying off over 15,000 employees and will stop ‘non-essential work’ (www.theverge.com)

submitted 3 months ago by Eezyville@sh.itjust.works to c/technology@lemmy.world

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So they got all that money from Uncle Sam's CHIPS Act only to lay off 10,000 employees and make themselves "lean". Govt funded unemployment.

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[-] uis@lemm.ee -1 points 3 months ago* (last edited 3 months ago)

I'm not sure what this has to do "Not sure why Biden didn't put any terms and conditions on giving away all this money 💰?". Wait, I do. This is question exactly why Biden didn't put condition of bringing production back.

- Russian troll, according to some.

this post was submitted on 01 Aug 2024

1131 points (99.0% liked)

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