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qalmakkatoday at 5:50 AM1 replyview on HN

Precisely. IBM paid them to take their fabs away (yes, they paid them, not the opposite, they were so obsolete that it was basically a waste disposal operation)


Replies

tancoptoday at 11:02 AM

was there some regulation preventing them from just shutting the plants down and selling off the real estate and equipment? severance payments too high?