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To be honest there's not much to distinguish this article from any other ignorant "DEY TOOK ERR JERBBS" But let me speak to the specifics I'm familiar with. >F
by Traster 7y ago
To be honest there's not much to distinguish this article from any other ignorant "DEY TOOK ERR JERBBS" But let me speak to the specifics I'm familiar with.
>For example, Intel Corporation, which is the world’s second largest manufacturer of semiconductor computer chips and is headquartered in California, has long been a major employer in Israel, with over 10,000 employees in the Jewish state. However, earlier this year, Intel announced that it would be investing $11 billion in a new factory in Israel and would receive around $1 billion in an Israeli government grant for that investment. Just a matter of months after Intel announced its major new investment in Israel, it announced a new round of layoffs in the United States.
Intel's investment strategy is to invest in its growth drivers and to cut costs in the product that aren't. So if you happen to be a team working on Intel's 5G solutions - guess what? Bad news. If you happen to be working on Intel's automotive solutions? Great news!
Guess where Intel's Autonomous Driving Group is based? That's right! Israel! Guess where they're investing? Israel! Guess why? Because the ADG is there. But why did they base the ADG there? They didn't. They bought an Israeli company that was already succesful.
But just to be clear - even if the articles examples weren't bullshit, the underlying point is still wrong, no one is stealing anyone elses jobs, jobs get created where innovation happens. If jobs aren't being created where you are, maybe it's time to look at your own team.
- xenospn 7y agoSame with those "R&D centers" that Facebook, Apple and Google opened up in Israel, except they didn't. Google bought Waze, Facebook bought face.com and Apple bought Anobit, and they all kinda turned into "Google Israel" and "Apple Israel". Which is funny since there aren't even any Apple Stores in Israel.