Intel is laying off over 15,000 employees and will stop ‘non-essential work’
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Intel is laying off over 15,000 employees and will stop ‘non-essential work’
https://www.theverge.com/2024/8/1/24210656/intel-is-laying-off-over-10000-employees-and-will-cut-10-billion-in-costs
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.