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Old 06-11-2019, 03:52 PM   #1
reynolds
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Default So Much For "America First" As Google, Microsoft & Intel Look To Israel. Thousands Laid Off

How NeoCon Billionaire Paul Singer Is Driving the Outsourcing of US Tech Jobs to Israel


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Several U.S. tech giants including Google, Microsoft and Intel Corporation are heavily investing in their Israeli branches while laying off thousands of American employees


WASHINGTON — With nearly 6 million Americans unemployed and regular bouts of layoffs in the U.S. tech industry, major American tech companies like Google, Microsoft and Intel Corporation are nonetheless moving key operations, billions in investments, and thousands of jobs to Israel — a trend that has largely escaped media attention or concern from even “America first” politicians. To make matters worse, many of these top tech companies shifting investment and jobs to Israel at record rates continue to collect sizable U.S. government subsidies for their operations while they move critical aspects of their business abroad, continue to layoff thousands of American workers, and struggle to house their growing company branches in Israel.

Furthermore, many of these companies are hiring members of controversial Israeli companies — known to have spied on Americans, American companies, and U.S. federal agencies — as well as numerous members of Israeli military intelligence as top managers and executives. This massive transfer of the American tech industry has largely been the work of one leading Republican donor — billionaire hedge fund manager Paul Singer. Prime Minister Benjamin Netanyahu, has publicly mentioned that it has been his “deliberate policy” to have former members of Israel’s “military and intelligence units … merge into companies with local partners and foreign partners” in order to make it all but impossible for major corporations and foreign governments to boycott Israel.

Intel Corporation, which is the world’s second largest manufacturer of semiconductor computer chips and is headquartered in California, has long been a major employer in Israel, with over 10,000 employees in the Jewish state. Notably, over that same time frame, Intel has cut nearly 12,000 jobs in the United States. cans, in several different rounds of staff cuts.

Over that same time period, Microsoft has been on a hiring spree in Israel, building new campuses and investing billions of dollars annually in its Israel-based research and development center and in other Israeli start-up companies ... Read more ...

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