cuts
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Intel’s massive job cuts come after it received $8.5 billion in taxpayer money
Months after the federal government gave Intel $8.5 billion in grants to help bring back chipmaking to the U.S., the company said it is cutting 15% of its workforce, which translates to around 17,000 jobs. The tech company announced the job cuts as part of a massive cost-cutting and...- Rusty Snippets
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- 8.5 billion biden cuts democrat spending economy intel
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- Forum: US Economy
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The U.S. economy is getting closer to a recession. What is the Fed waiting for?
U.S. unemployment could be 5% or higher by October. It was high time, even before Friday’s nonfarm-payrolls data, that members of the U.S. Federal Reserve’s Federal Open Market Committee listened to their elders. Specifically, former New York Fed President Bill Dudley came out with a powerful...- Snerd
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- cuts economy fed federal reserve interest rates jerome powell recession
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- Forum: US Economy