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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

235 comments fedilink hide all child comments

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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[–] deadbeef@lemmy.nz 9 points 3 months ago

This video is perfectly applicable, the rot that sets in in a large company when you have no competition to counteract it is exactly what has happened here.