https://towersemi.com/2023/08/16/08162023/
Nearly 2000 jobs
13 replies (most recent on top)
Randhir saw this mess coming
China will rue the day they put the brakes on the the Intel Tower deal...
because we don't need Tower anyways... we have Stu Pann in charge of IFS...
This is simply retaliation by China, as part of the ongoing cold war.
more like 2000 packages
have no fear, stuart pann (the man who knows absolutely 0 about foundry) will save ifs!!
Yup! Burn the cash you ain’t got! https://fortune.com/2023/08/16/intel-tower-semiconductor-merger-acquisition-fails-receive-china-regulatory-approval/
Maybe stop giving commissions for dum8455 ideas like this in the first place ??
Only 20,000 more heads to cut... should be a bit easier not that this ill conceived Tower deal is dead due to the Chinese. The Intel CEO should be thanking them.
Employees are in the ride of their lives! Buckle up folks
IFS is a clown car.
Par for the course.
At least we saved 5B not buying another Israeli company that isnt worth a sh-t like Intel has done time and time again. Nothing changes the fact that Intel is a bottom feeder company that is on the verge of intellectual and physical collapse
So much for ‘Influence ´ rofl