Intel is laying off over 15,000 employees and will stop ‘non-essential work’ - eviltoast
That’s a lot of layoffs.

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.

  • Dark Arc@social.packetloss.ggEnglish
    71·
    3 months ago

    The string is that they use it for the creation of a domestic chip plant, not salaries for existing employees.