That’s Bidenomics! Intel Lays Off 15k Workers Despite $8.5 BILLION From Chips Act (Intel Craters Over -50% In 4 Months)

by confoundedinterest17 Bidenomics (actually Biden/Harrisnomics) is all about huge payoffs to large, powerful donors. A good example is The Chips Act, intended to bring chip manufacturing back to the US from Taiwan, China, etc. Biden/Harris doled out $8.5 BILLION to Intel … which just laid off 15% of it’s labor force or 15k workers. Intel has suspended dividends …

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