Re: OT: Intel Laying Off Workers
What sucks is that all of these corporations, companies, and business get fantastic tax breaks, exploit tax loop holes while exterminating worker wages in the process of expanding the pocket books of those who manage and run the company all the while exploring new and even more cut throat methods of paying less in income tax than an average cocktale waitress working part time in some dead beat back water town in eastern washington.
If coperations were made to pay their fair share of taxes, buy mandating tax reform, closing loop holes, ending exceptionary tax relief and promoting a strong anti corruption mentality while sending the violators to prison and taking all their money, then maybe, just perhaps, people will get the message that greed is bad.
I know that when we were being paid well, had excellent benefits, and the coffee was free, the workers were happy and extremely productive. Then China entered the mix and dumped the market with sub-par cheaply made, low quality semi-conductors and over night the semi-conductor industries here in the US failed. When we had to start paying for the coffee at work, I knew the gig was us. The company I worked for was getting $1500.00 per 8" wafer, and literally over night they had to drop the price to $50.00 in order to stay in business and keep INTEL from cancelling all their orders.
Our company had no choice, they had to let most of the work force go. With them went the quality, the expertise, the knowledge base, and the professionalism that took them decades to develop.
Intel would say, well we can buy these wafers from China for $25.00 each, you need to come down on your prices. We would, and then Intel would play games and only buy half of the inventory that they had ordered. When they violated their contract they simply said, well live with it, or we will stop doing business with you. These cheap chines wafers made it into virtually every electronic device made from 1998 to 2004 when the world electronic suppliers finally realized that the chips they were making from these inferior wafers had a near 77% failure rate within the first year. Chips made with wafers from US manufactures and those from Japan held up far better with less than a 12% failure rate.
Intel played games to get the best price possible from us thus putting a lot of really good people onto the unemployment lines. They then took those savings, jacked their prices and made a killing for many years. So now that they are in trouble, they want us to feel sorry for them? No way! They are reeping what they sowed and I would loving more than too see AMD gain an even larger market share on them.
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Creator of the Star Trek Mod - AST Mod - 78 Ship Sets - Conquest Mod - Atrocities Star Wars Mod - Galaxy Reborn Mod - and Subterfuge Mod.
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