Thread regarding GlobalFoundries layoffs

IBM contract breach plus EUV saying nothing about Fab11 investments with questionable ROI

Sanity check: just to recoup recent “pivot move” induced damage: IBM contract breach plus EUV saying nothing about Fab11 investments with questionable ROI. IBM'ers ruling tribe acts in panic mode and prey for a miracle to keep their reign thru the next Investor review. What would it take to stop the bleeding – this is the question, not when the next round of layoffs will be announced.

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