this post was submitted on 01 Aug 2024
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1131
Intel is laying off over 15,000 employees and will stop ‘non-essential work’ (www.theverge.com)
submitted 3 months ago by [email protected] to c/[email protected]
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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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[–] [email protected] 47 points 3 months ago (6 children)

Didn't expect CHIPS to backfire this fast lol.

[–] [email protected] 4 points 3 months ago

It got us a TSMC fab, soon ish maybe lol

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