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.

  • ZephrC@lemm.eeEnglish
    81·
    3 months ago

    At this point I’m starting to think that if you want to subsidize semiconductor manufacturing in the US the Global Foundries might be a better investment. At least they’ve already hit rock bottom.