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.

  • mannycalavera@feddit.ukEnglish
    0·
    3 months ago

    In January 2022, Intel announced an initial $20 billion investment that will generate 3,000 jobs,

    Not sure why Biden didn’t put any terms and conditions on giving away all this money 💰?

    • Dark Arc@social.packetloss.ggEnglish
      01·
      3 months ago

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