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942

Don't forget, they have been out-sourcing these jobs to INDIA at the same time as firing Americans. That should be illegal.

Archive: https://archive.today/xn0Ng

From the post:

>Silicon Valley titan Intel will slash 25,000 jobs this year as it battles to turn around its flagging fortunes. The chipmaking giant — which makes processors that power millions of Dell, HP, and Lenovo computers — will shrink its workforce from about 99,500 to 75,000 by the end of 2025. Bosses said the layoffs come alongside plans to abandon factory projects in Germany and Poland, slow the pace of construction on major facilities in Ohio, and consolidate operations in Costa Rica into bigger hubs in Vietnam and Malaysia. The company first warned of cuts in April as it grapples with mounting competition and slowing demand. Thursday's confirmation on the the scale of the layoffs came as Intel updated Wall Street on its earnings over the past three months. It posted a loss of $2.9 billion.

Don't forget, they have been out-sourcing these jobs to INDIA at the same time as firing Americans. That should be illegal. Archive: https://archive.today/xn0Ng From the post: >>Silicon Valley titan Intel will slash 25,000 jobs this year as it battles to turn around its flagging fortunes. The chipmaking giant — which makes processors that power millions of Dell, HP, and Lenovo computers — will shrink its workforce from about 99,500 to 75,000 by the end of 2025. Bosses said the layoffs come alongside plans to abandon factory projects in Germany and Poland, slow the pace of construction on major facilities in Ohio, and consolidate operations in Costa Rica into bigger hubs in Vietnam and Malaysia. The company first warned of cuts in April as it grapples with mounting competition and slowing demand. Thursday's confirmation on the the scale of the layoffs came as Intel updated Wall Street on its earnings over the past three months. It posted a loss of $2.9 billion.

(post is archived)

[–] • 1 pt

Perhaps a starting law on H1B1 reform could be that if a company lays off employees they can't apply for or employ any H1B1 immigrants for 5 years following those layoffs.

[–] • 1 pt

I would make that a minimum of 20 years and that they would be taxed at 500% PER NON AMERICAN at the rate of a AMERICAN salary for the job (not what they pay the third world pajeet).

You better damn well NEED a non-American for some good reason and be willing to pay a stupid amount for it.

[–] • 1 pt

The uP side of design/char/test/release/manufacture was a ball busting career. I had a 5 year taste of it. More of a sense of urgency than in an emergency room.