The company made billions in profits. That could be due to a number of reasons. IP, relationships, network effects, scale economies, regulatory capture, brand equity, etc.
The company made billions in profits. That could be due to a number of reasons. IP, relationships, network effects, scale economies, regulatory capture, brand equity, etc.
It's very hard to overcome economics. If they don't pay their engineers at TSMC something approaching alternatives, they will start to leave. It doesn't matter whether the company made billions of dollars because of a few people - the company will struggle if they start losing their engineering talent. So that kind of sets their value.
What I'm arguing is that they'll need to pay better wages, otherwise people will leave, regardless of this law about advertising jobs.
Let the market decide that.
>The company made billions in profits. That could be due to a number of reasons. IP, relationships, network effects, etc.
That's not the point. The point is they're using the government to make it harder for their engineers to find other work, rather than just pay them higher wages so they'll stay on their own accord.