They sure aren't stopping at 75K HC
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Uh, layoffs don't really improve the balance sheet.
But selling all the non-EUV fabs would leave a mark.
Thank You Captain Obvious.
This is almost entire a Floundry issue, shutting down excess tools and selling excess fabs will fix the issue.
That will continue until the Income Statement improves.
The Balance Sheet will mostly improve from Fab and Product Group sales.
Lights out fabs ! Level 10 ! Toolsets OOC and in Error will alert to Chris Fix It Techs what and how to recover !
No one said they were. This is just the target by the end of 2025.