Intel to cut 12,000 jobs

Wonder which states this will hurt? NM has a huge intel facility on it's westside. That would be a huge blow to their ecomomy.

Intel to cut 12,000 jobs

I live in this area and the crazy Tech bubble is popping again which will bring down about 3/4s of the new and really old companies.
The housing market will bust because of the extreme high prices , and people will lose their jobs/ homes and go bankrupt..
This was expected to happen and has a domino effect.
Sad for the dreamers and inventors but it eventually comes back up and goes crazy again.

It has been compared to the California gold rush where a few got rich while the rest left broken

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