That’s what happens when companies went overseas and the previous staff got old
>> That’s what happens when companies went overseas and the previous staff got old
They hoped for indefinite offshoring.
Tech, a different sector, but similar offshoring consequences that lagged about 20 years behind the heavy industries...
During the 80s , I embraced the concept of expansion, but when the “offshoring” began, the related hype was mindless BS — the neocon talking points, and the excuses regarding the “lazy, overpaid” domestic workers. Recall Pat Buchannan’s warnings?
Not gonna give the unions a pass. Their effective, collective greed is destructive, and was a contributing factor. But ultimately, the offshoring was an alternative (form of revenge) that went too far.
“This is allowing us to push beyond Moore’s Law.”
Direct from their website. There is no “Law.” Just an observed trend. Always been a pet peeve of mine. And their website is full of the usual “ESG” DEI climate change and other woke garbage for “stake holders.” Not share holders.
TSMC otherwise known as Taiwan Semiconductor, was founded in Taiwan. It never “went overseas,” it began there.