this post was submitted on 01 Aug 2024
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Intel is laying off over 15,000 employees and will stop ‘non-essential work’ (www.theverge.com)
submitted 1 month ago by Eezyville@sh.itjust.works to c/technology@lemmy.world
238 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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[–] ChickenLadyLovesLife@lemmy.world 36 points 1 month ago (1 children)

$20 billion investment that will generate 3,000 jobs

Lol that's $6,666,667 per job. I could create a job with that much money: counting all my fucking money.

[–] rottingleaf@lemmy.world 11 points 1 month ago

Actually, yeah, one can pick 3k people and just pay them 4k$ per month indefinitely till they die and something will remain.