Chicagoland Recovery: Texas Instruments Cuts 1,700 Jobs

Discussion in 'Politics' started by LadyGunSlinger, Nov 15, 2012.

  1. LadyGunSlinger
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    LadyGunSlinger Conservative Babe Supporting Member

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  2. Katzndogz
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    Katzndogz Diamond Member

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    This is cost cutting.

    Instead of competing in phones and tablets, TI wants to sell its OMAP processors in markets that require less investment, like industrial clients like carmakers.

    The company is investing less. It isn't looking to make a better chip or the next generation of chips. Leave that to Samsung or some other foreign company.
     
  3. LadyGunSlinger
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    LadyGunSlinger Conservative Babe Supporting Member

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    Technology in the IT sector is crucial. It shows the mindset of these corporations who don't want to expend capital on investing in the future..
     
  4. blastoff
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    blastoff Undocumented Reg. User

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    TI probably longs for the good old days when they could invest 10 bucks in a calculator and sell it for a hundred or more.
     
  5. SniperFire
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    SniperFire Senior Member

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    The economy is now in your hands, freeloaders.

    Create us some jobs.

    LOL
     

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