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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIntels job announcement at the White House was just a PR stunt..
Intel first announced its plans to build the new factory in Chandler in 2011. At that time, then-CEO Paul Otellini broke the news that it would spend $5 billion on the plant alongside President Obama. Construction started that year, and the company thought it would be done by 2013. But in early 2014, as PC sales began to lag, the company postponed the opening of the Chandler factory, saying it would instead manufacture the chips in its existing plants by making them more efficient.
This would have happened anyway. This was always part of their plan, Jim McGregor, an Intel analyst at Tirias Research, told the Washington Post. He added that its not a significant change in the companys strategy; most chipmakers have a cycle of periodically shuttering or building plants.
Meanwhile, things were rough enough for Intel recently that it cut 12,000 jobs last year, or 11 percent of its workforce, as it restructured to shift focus away from PCs to drones and artificial intelligence. That came on top of 1,155 layoffs the year before. So while it may now be adding 3,000 new positions, that makes up less than a quarter of the jobs it has shed. McGregor also told the Washington Post that with the new investment in the Chandler plant, its likely Intel will retire older factories elsewhere, which would mean shedding jobs.
https://thinkprogress.org/trump-intel-jobs-ed093ec25247#.vu4g0rtvb
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Intels job announcement at the White House was just a PR stunt.. (Original Post)
HipChick
Feb 2017
OP
scscholar
(2,902 posts)1. Intel stopped improvements to mobile CPUs over seven years ago...
with regard to the amount of low power memory supported. I don't understand the hatred that drives decisions like that. They hate us so much they just stalled technology for over seven years. If someone told me ten years ago that Intel, a company that has always pushed the limits of technology since their founding, that they would so hatefully stop R&D, I would have never believed it. Intel is a hateful corporation.
GusBob
(7,286 posts)2. Expect more big corps to do the same
Dangle some job number thing in front of DT for free publicity
spanone
(135,823 posts)3. the kissing of trumps ass