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.

  • ApollosArrow@lemmy.worldEnglish
    0·
    4 months ago

    What’s crazy to me is that they are laying off more employees than the total number of full time employees I’ve worked at for most companies.

    They are laying off 12% of their work force.

    • kameecoding@lemmy.worldEnglish
      0·
      4 months ago

      That’s what happens when companies are too fucking big, and intel was essentially a monopoly for a while.

      I have interned at AT&T while at University, laying off a 1000 people would be less than 1 % for them.