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by afrodc_ 1647 days ago
This is so true. Anecdotally, my dad worked in FABs on chips and stuff in the 90s during the dot com boom before they stripped all those jobs away to outsourcing and it basically destroyed him as an older man. Funny how we're desperately trying to get the silicon manufacturing back after we sold out.
1 comments

"Hey, it improved the financials since it moved from capex to opex. Also, I got my bonus and jumped ship before the excrement hit the cooling unit."

Yeah, several years ago, our corporate overlords sold off a database we created to a competitor and leased it back from them. Now, we're trying to recreate that database to avoid the financial overhead. I'm sure at the time it made sense to some bean counter but it was penny-wise, pound-foolish in the long term.

I think now it's impossible to think long term financially. Thanks, Wall Street.