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.

  • jj4211@lemmy.worldEnglish
    1·
    11 months ago

    Yeah, Intel is down 33% over the last two days… didn’t work this time…

    Some layoffs can be seen as “improving efficiency”. This deep of cut is “oh shit, things are screwed”.