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Intel is laying off over 15,000 employees and will stop ‘non-essential work’ (www.theverge.com)

submitted 3 months ago by Eezyville@sh.itjust.works to c/technology@lemmy.world

233 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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[–] UnderpantsWeevil@lemmy.world 7 points 3 months ago* (last edited 3 months ago)

Even Marx dabbled in the equities markets.

People seem to think having an economic philosophy is the same as having a moral philosophy. Absolutely not. If you look at a system and conclude "This is dysfunctional, it's leaking money everywhere" that doesn't preclude you from getting a sponge and mopping some of that money up.