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Intel is laying off over 15,000 employees and will stop ‘non-essential work’
(www.theverge.com)
this post was submitted on 01 Aug 2024
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You know they pocket those subsidies when this happens.
Right to the pockets of the least useful in the company - the executives.
And here's where I say - what does an executive actually do? And someone will inevitably say something asinine about "risk" and "game changing decisions" and "meeting with investors."
I just see them as a figure head for the people really in charge. We are now focused on dumb ass CEO decisions or announcements instead of the board voting to ship jobs overseas or something else terrible.