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Aether ??? (aether@poa.st)'s status on Friday, 18-Oct-2024 20:33:02 JSTAether ??? Meta (Facebook) is laying people off again.
11,000 were laid off in 2022, and another 10,000 last year. In addition, 5000 open positions were cancelled entirely.
No numbers yet for this round of layoffs but it does appear to be smaller.
techcrunch.com/2024/10/16/meta-lays-off-employees-across-multiple-teams/
Intel is laying off 1300 workers at its Oregon foundry as part of its company-wide reduction of 15,000.
Like Boeing, Intel worked long and hard to achieve this disaster.
tomshardware.com/tech-industry/intel-laying-off-1-300-workers-from-oregon-site-as-it-reduces-workforce-by-15-000-workers-company-wide
TSMC has recorded a record $10 billion in net profit for the last 3 months.
TSMC is manufacturing Intel's latest Lunar Lake laptop chips.
theverge.com/2024/10/17/24272455/tsmc-tech-savvy-money-creators