Intel

Type
Internal restructuring
Country
Ireland
Region
Ireland; Eastern and Midland; Mid-East
Location of affected unit(s)
Kildare
Sector
Manufacturing
(26 - 27) Manufacture of electrical, electronic and optical products
26 - Manufacture of computer, electronic and optical products
26 - Manufacture of computer, electronic and optical products
100 jobs
Number of planned job losses
Job loss
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://apps.eurofound.europa.eu/restructuring-events/detail/64816.