As a native upstate new yorker, I root for the success of GlobalFoundries. But it was exceedingly frustrating to me that they went and did layoffs in 2022 despite their booming revenues and incoming subsidies [0].

It seems to me there should be some kind of rule to prevent these layoffs for companies that receive billions of federal dollars.

[0] - https://vtdigger.org/2022/12/01/globalfoundries-to-cut-up-to...