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.

  • Allonzee@lemmy.worldEnglish
    292·
    1 month ago

    This is an admisson of no future.

    They’re throwing crew out of their boat full of holes to assure investors they’re ship shape… for the next quarterly profit report.

    Their corpse will be long since picked clean of their patents, assets, and trademarks by 2030.