this post was submitted on 16 Aug 2023
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Foxconn to sell Green Bay, Eau Claire properties that once intended to bring hundreds of jobs (www.wpr.org)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 11 points 1 year ago

How far we've come from the promised 13,000 jobs.

[–] [email protected] 9 points 1 year ago

The classic method, claim you'll create thousands of new jobs, butter up politicians, get billions in subsidies, then cut and run!

[–] [email protected] 8 points 1 year ago

A shame this happened. I had a bad feeling when they announced the deal all those years ago. I hope Intel doesn't do the same to Ohio.

[–] [email protected] 7 points 1 year ago (1 children)

My theory is that Foxconn is actually a real estate speculation company. Making electronics is just a cover.

[–] [email protected] 7 points 1 year ago

Kind of like how Tesla and other Elmo companies are actually just energy subsidy scams? Given the country of origin of the company, being in real estate would make sense.