{"id":844998,"date":"2022-10-18T16:57:12","date_gmt":"2022-10-18T16:57:12","guid":{"rendered":"https:\/\/jacobin.com\/2022\/10\/intel-layoffs-corporate-subsidies-chip-manufacturing\/"},"modified":"2022-10-18T16:57:56","modified_gmt":"2022-10-18T16:57:56","slug":"intel-is-laying-off-workers-after-billions-of-dollars-in-federal-subsidies","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2022\/10\/18\/intel-is-laying-off-workers-after-billions-of-dollars-in-federal-subsidies\/","title":{"rendered":"Intel Is Laying Off Workers After Billions of Dollars in Federal Subsidies"},"content":{"rendered":"
Just a couple of months after Intel\u2019s multimillion dollar lobbying effort succeeded in winning microchip companies billions of dollars in no-strings-attached corporate subsidies, Intel is reportedly planning to lay off thousands of workers. The potential layoffs come only weeks after the company announced a shareholder dividend at the same rate as the previous few quarters […]<\/p>\n\n