Chicagoland Recovery: Texas Instruments Cuts 1,700 Jobs

[LadyGunSlinger]

Texas Instruments Cuts 1,700 Jobs, Winds Down Tablet Chips - CNBC

Oh more great news!! More job less...

LIBRUL Utopia keeps on giving back!

 

[Katzndogz]

Texas Instruments Cuts 1,700 Jobs, Winds Down Tablet Chips - CNBC

Oh more great news!! More job less...

LIBRUL Utopia keeps on giving back!

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.

 

[LadyGunSlinger]

Texas Instruments Cuts 1,700 Jobs, Winds Down Tablet Chips - CNBC

Oh more great news!! More job less...

LIBRUL Utopia keeps on giving back!

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.

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..

 

[blastoff]

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.

 

[SniperFire]

The economy is now in your hands, freeloaders.

Create us some jobs.

LOL