The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
100 jobs Number of planned job losses
Announcement Date
17 January 2007
Employment effect (start)
Foreseen end date
31 March 2007
Description
The computer chipmaker Intel is to cut over 100 jobs at its County Kildare plant at the end of March 2007. The job losses are understood to be part of an ongoing restructuring strategy by the company. At the end of last year, Intel confirmed it would cut 10,500 jobs worldwide. The company employs over 5,500 permanent staff in Ireland at present. News of the job losses come in tandem with recent results from the company, which show a 39% fall in profits.
Sources
18 January 2007: The Irish Independent
Citation
Eurofound (2007), Intel, Internal restructuring in Ireland, factsheet number 64816, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64816.
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