Article

2016-04-22 Economy

Intel Lays Off 12,000 After Seeking 14,523 H1B's

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Posted by Besoeker 2016-04-22 05:38|| || Front Page|| [1 views ] Top

#1 Welcome to the oligarchy. Indentured workers ~~slaves~~ are more reliable workers and cost efficient to the owners than free men. Why do you think slavery lasted so long in human history?

Posted by Procopius2k 2016-04-22 08:15|| 2016-04-22 08:15|| Front Page Top

#2 Given what's been going on in american schools the last few decades, do you think it's entirely fair, P2K?

Posted by g(r)omgoru 2016-04-22 08:30|| 2016-04-22 08:30|| Front Page Top

In other news: Late Cuban rights activist nominated for new hundred dollar bill.

Posted by Besoeker 2016-04-22 09:01|| 2016-04-22 09:01|| Front Page Top

#4 Illegal immigration and the H1B1 system are both being used by The One and Wall Street to THEIR advantages.

Posted by Pliny Slomoting4470 2016-04-22 11:37|| 2016-04-22 11:37|| Front Page Top

#5 These are obviously not direct replacements. Hiring engineers and laying off telephone sanitizers.

Posted by Thravimp Lover of the Antelope7006 2016-04-22 13:21|| 2016-04-22 13:21|| Front Page Top

#6 Surprisingly enough, telephone sanitizers can be retrained to some engineering tasks, and some engineers would be happy to sanitize phones rather than beg for work on the streets.

Just another "offset cost" initiative to feed dependency generating social support programs. Add the 'per unit' unemployment cost borne by the state to the reduced salary paid by the company for the replacement unit and you will find the company has a reduced tax posture and the state has a increased social support obligation that is satisfied by blending 'employment opportunity' taxes.

Posted by Skidmark 2016-04-22 13:44|| 2016-04-22 13:44|| Front Page Top

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