Reply to post: Re: What was the Plan

Intel literally decimates workforce: 12,000 will be axed, CFO shifts to sales

Anonymous Coward
Anonymous Coward

Re: What was the Plan

> with the presumption that when things improve, they'll just hire most of those people back

You should see how much manufacturers in the US are now whining they can't get people now that costs in China (and elsewhere) have started to rise and manufacturing is moving back. Guess that whole short term profits at the expense of the long term growth of the business was another baby boomer gift. Awful hard to encourage your kids to commit themselves to that sector seeing the misery it has caused and what it has thought of its workforce the last three decades especially in the upper mid west. (Disclaimer: am in manufacturing (as IT) but getting older and am probably one of the last generations that actually enjoys making real stuff as opposed to gig websites or financial derivatives that passes for creation today).

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