this post was submitted on 01 Aug 2024
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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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[–] rottingleaf@lemmy.world 0 points 1 month ago

That's the justification. Don't you know what kind of people gets into high governmental positions?

Making some friends rich was the reason.

Still, this sucks huge donkey balls, a lot of very smart and very knowledgeable people, maybe more valuable than a 100 (ok, maybe 10, or maybe 5, it's a rhetorical device) copies of me, work in such inefficient structures, while there could have been a dozen TSMCs over the world with their competencies.

I have come to agree that nations have interests, but their governmental structures generally work against those. There's a wheel to be invented there.