this post was submitted on 02 Nov 2024
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Technology
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Actually not, with the job cuts the other day, share price rose.
Failing company eroding its work force get a temporary bump in stock price.
Bullish 🤡
They have a big market share and can improve margins with big state subsidies and firing people. Bug corps always fine. Workers are the ones that suffer.
Don't crack out the violins for Intel just yet. The reporting is hyperbole, and if you can't digest the facts through the sensationalism. A media break might be a good plan.