It would be nice to see an American owned company such as Microsoft invest in America like this vice chasing cheap labor overseas. It wasn't other Countries that "stole" American manufacturing jobs as some people like to put it. It was American companies that gave these jobs away chasing cheap labor and avoiding those pesky regulations that they face here in the US.
Microsoft boss charms Indonesia with $1.7B AI, cloud injection
Microsoft CEO Satya Nadella says the company will invest $1.7 billion in expanding its presence and building datacenters in Indonesia. Nadella announced the investment during his grand tour of Southeast Asia, the same region Apple CEO Tim Cook visited earlier this month. During his trip to the island country, Nadella met …
COMMENTS
-
-
Wednesday 1st May 2024 01:17 GMT elsergiovolador
The pesky regulations are often designed to stop small business from competing. It sort of serves two pronged approach to profit maximisation for big corporations.
They have a guarantee that competitor won't emerge in their backyard. This means they can keep prices at certain level whilst maintaining low costs = profit!
Funny how people demand more worker rights, protections, regulations and whatnot for the jobs they no longer get.
-
-