More people should rebel and hurt the companies like this. They’re laying people off not because there isn’t work, but because they don’t want to pay. All of the companies doing layoffs are also hiring, only they’ve created a market of desperation so they know they can give workers shitty deals.
Depending on the information this could be anything from basic technical information to all the state sponsored backdoor tooling they’ve implemented across their stack.
The former might “hurt” them on some level if chinese companies steal their designs and sell them as counterfeit, but the latter has security implications for anybody with intel gear from the poorest individuals to the wealthiest companies.
Just saying, you never know how this could impact things down the road.
Dude i made a microprocessor out of some scrap wood and copper wire I found behind a dumpster.
It has a bad habit of catching fire but im pretty sure with a few billion dollars of investment ill be able to create the greatest computer chip ever made
There can be reverse situations (e.g. opportunistic individual delivering hard earned data from an honest company to American criminal groups) so its not black and white.
That being said “reap what you sow” can be a fair and just characterisation.
Good for them! I hope they won’t get caught.
More people should rebel and hurt the companies like this. They’re laying people off not because there isn’t work, but because they don’t want to pay. All of the companies doing layoffs are also hiring, only they’ve created a market of desperation so they know they can give workers shitty deals.
Intel and all the other big corpos deserve this.
Pretty sure this is one of those cases of chinese espionage.
Probably has been going on for a long time too.
I don’t really care who is hurting large corporations as long as they’re being hurt
Well, we don’t actually know what was taken.
Depending on the information this could be anything from basic technical information to all the state sponsored backdoor tooling they’ve implemented across their stack.
The former might “hurt” them on some level if chinese companies steal their designs and sell them as counterfeit, but the latter has security implications for anybody with intel gear from the poorest individuals to the wealthiest companies.
Just saying, you never know how this could impact things down the road.
In a more sane world they’d reconsider the monstrous fucking back doors
It’s just infighting among big corpos, so one corpo’s loss is another’s gain. Big whoop
Good. Competition is good for the consumer.
Everybody laid off needs to make new companies together as well. Good ones not on stock market that are unionized
In cases like this it’s reaaaally hard to just start up a new competitor from nothing (assets wise). Building up production is not cheap.
Dude i made a microprocessor out of some scrap wood and copper wire I found behind a dumpster.
It has a bad habit of catching fire but im pretty sure with a few billion dollars of investment ill be able to create the greatest computer chip ever made
Here, I’ll back you with three fiddy. Now I expect a 1758956% increase of my investment in the next 3 years, else I’ll take my money elsewhere.
Deal. You fool.
Just steal a bunch of their files on the way out so you have a head start.
They already thought of that possibility and have taken over the legal system to mitigate. Corporate patents & NDAs will have some complaints.
There can be reverse situations (e.g. opportunistic individual delivering hard earned data from an honest company to American criminal groups) so its not black and white.
That being said “reap what you sow” can be a fair and just characterisation.
You have better odds finding Sasquatch and a unicorn than you do finding an honest publically traded company.