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Thread: 200 Jobs to go at Intel

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    Default 200 Jobs to go at Intel

    • Intel is to seek 200 voluntary redundancies from its 5,100-strong Irish workforce as part of a "routine cost management".

      The majority of the redundancies will be sought from the company's loss-making flash memory business.

      Intel posted a 44 per cent rise in quarterly profit in July but gross margins missed its target and shares fell nearly 5 per cent.
    Ireland.com Breaking News


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    <Mod>Moved to the Economy forum.</Mod>
    Heavy words are so lightly thrown.

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    This is old hat. Its part of a global downsizing announced a few months ago. Intel made a general announcement back in June that they were cutting their global workforce by 10%, to be achieved both from factory closures and from voluntary redundancies. Following that there were numerous posts here and numerous media articles saying that Ireland would bear a disproportionate share of the job cuts and a figure of 1,000 was bandied about (the number predicted in an Irish Times article) as the likely number of job losses in Ireland. When Intel published details in July of how the cuts would affect each country, Ireland escaped lightly with no factory closures, no compulsory redundancies and a cut in the workforce of less than 4%. This is it.

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    200 jobs in an economy creating 2,000 a week isn't a big deal. It's good to see that Intel thought it best to hold onto their Irish assets and the vast, vast majority of their Irish workers here. If anything this is a thumbs-up for Ireland, when you compare it to their plans elsewhere.
    Minds cannot be managed, only inspired.

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    Quote Originally Posted by gosimeon
    200 jobs in an economy creating 2,000 a week isn't a big deal. It's good to see that Intel thought it best to hold onto their Irish assets and the vast, vast majority of their Irish workers here. If anything this is a thumbs-up for Ireland, when you compare it to their plans elsewhere.

    Yeah a real thumbs up
    The figure of 2,000 jobs a week - link please so we can dissect it!
    Is it current?
    How many in construction, which were most of last years job creation?

    Now this is not the end of the world by any means, a friend of mine who works there says that many had been holding out for voluntary redundancy for a long time now !
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    Intel are currently building a virtual city in China at the moment and they are training staff as well,the top earners will be on 60 dollars a month and once its up and running (approx 24 months) its goodnight Leixlip.

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    Quote Originally Posted by codology
    Intel are currently building a virtual city in China at the moment and they are training staff as well,the top earners will be on 60 dollars a month and once its up and running (approx 24 months) its goodnight Leixlip.
    QFT
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    Quote Originally Posted by blindjustice
    Quote Originally Posted by codology
    Intel are currently building a virtual city in China at the moment and they are training staff as well,the top earners will be on 60 dollars a month and once its up and running (approx 24 months) its goodnight Leixlip.
    QFT
    Ní thuigim

  9. #9

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    Quote Originally Posted by codology
    Quote Originally Posted by blindjustice
    Quote Originally Posted by codology
    Intel are currently building a virtual city in China at the moment and they are training staff as well,the top earners will be on 60 dollars a month and once its up and running (approx 24 months) its goodnight Leixlip.
    QFT
    Ní thuigim
    I think he means 'QED'.

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    Quote Originally Posted by codology
    the top earners will be on 60 dollars a month
    What a cheap rubbish. Salaries in China are certainly lower than in Ireland, but I would resonably guess that anyone agreeing to work for 60 dollars a month (basically illiterate unskilled migrant peasant with no permanent place to live) wouldn't be allowed to approch Intel's gate closer than 200 metres, not even daring to apply to work there.
    Gaelainn na Mumhan abú!

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