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.

    • UnderpantsWeevil@lemmy.worldEnglish
      0·
      5 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.