Thread regarding Micron Technology Inc. layoffs

Yup

https://boisedev.com/news/2023/06/22/micron-india/?utm_source=BoiseDev-IdahoFirst&utm_campaign=42fb18d0b7-%2A%7CRSSITEM%3ATITLE%7C%2A&utm_medium=email&utm_term=0_a8fdfe4da5-42fb18d0b7-515912641

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| 2061 views | | 10 replies (last June 29, 2023) | Reply
Post ID: @OP+1ngWGq2V

10 replies (most recent on top)

"BTW, Vanguard is the most ethical player on Wall Street, or for that matter anywhere else. The bedrock of American capitalism."
If this isn't paid for propaganda, I don't know what it is.
It's a wonderful world when people who don't work make money off of people that do.
Now where have I seen that before. I think we called it something different.

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Post ID: @6nrf+1ngWGq2V

AUM (Asset under management) is not the same as having your own assets. Micron's revenue and profits were greater than that of Blackrock and Vanguard in 2022. BTW, Vanguard is the most ethical player on Wall Street, or for that matter anywhere else. The bedrock of American capitalism. There is no grand conspiracy here. In fact, most institutional investors are losing money by investing in this industry. The main issue is the utter incompetence of current American semiconductor executives. Micron is no exception. WD and Intel are far worse

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Post ID: @6mlj+1ngWGq2V

Forget about cities. In the pond, Blackrock is the biggest fish.
Blackrock can buy most countries.
BlackRock is the world's largest asset manager, with US$8.59 trillion in assets under management as of December 31, 2022.Wikipedia

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Post ID: @5tpr+1ngWGq2V

I’ll go along with that if I and my executives can keep making more money. I can always buy a nice boat or a city and charge rent for necessities like water and air. Wait and see. It’s all rigged. How much does one need? America and the world is getting ra--d.

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Post ID: @5nbd+1ngWGq2V

"It’s a new era. The CEO’s own the world they are destroying."
No.
It's Wall Street: the Blackrocks, the Vanguards, the Jamie Diamonds.
People with very little useful skills making a ton of money off of working people
with skills. It is more like a feudal system.

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Post ID: @5ekw+1ngWGq2V

It’s a new era. The CEO’s own the world they are destroying. Talk about sustainability and helping our fellow man/woman-kind is bullsh-t. Soon even you, Sanjay, will be in the universe beyond. Ego is a terrible thing. Or is it? The suffering you say you dispel is the result of your thinking and power over people other than yourself. It will all be ok once we are gone.

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Post ID: @5fvs+1ngWGq2V

Did you read the Indian Federal government and the Gujrat state state government will seemingly contribute 50% + 20% of the investments needed for the assembly and test in the 2 phased project under a Production Linked Incentive scheme.
Who would contribute more ? Couldn’t get better.

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Post ID: @1zlr+1ngWGq2V

Great decision, to serve world wide customers, especially Asian customers.
India best country and PM Modi one of the best leaders the world has ever had. To give the naysayers (put a good link to your post) an example, he championed the cause of African countries and got them a seat at the table, and permanent invitation to the G20, now that PM Modi is the leader of the G20, has the presidency. It took for him to think of the revolutionary to go from loot to participatory inclusive democracy by including the hitherto looted and exploited countries.
Win-win for the world and will make sure supply chain bottlenecks as seen during Covid, by the world’s dependence on one manufacturing hub are mitigated.
Feel lucky we have this great leadership. Go Micron! As PM Modi said, for AI - America India, even sky is not the limit. Let’s work hard to make a positive contribution to the company and the world.

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Post ID: @1vmj+1ngWGq2V

It is simply amazing how these tech executives bend over backwards to a--holes like Modi and Xi, and at the same time champion the values of democracy, human rights, love and tolerance over here in the Bay

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Post ID: @1hbo+1ngWGq2V

I told you all SanGay was going to do this. It's not technology theft if the CEO gives it away, right?

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Post ID: @pkc+1ngWGq2V

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