Intel Cuts Nearly 300 Employees in Ireland

News
By Jane McEntegart
published

Intel yesterday announced that the company will cut 294 jobs from its Irish plant in Leixlip, County Kildare.

Intel has said that the job cuts are a result of the consolidation of two of its factories on the property which is situated just outside of the Irish capital, Dublin. The chip maker said that the cuts were a direct result of a decline in demand for older 200mm technologies.

“The fact of the matter is the older 200mm technologies are coming to the end of their useful life and there aren’t that many customers left for those products. The key is repurposing ourselves; identifying a new transition path and winning new investment is vital,” an Intel spokesperson said, according to Silicon Republic.

Intel has begun a three month consultation to determine which staff will be the first to go come October. The compulsory layoffs are the first for Intel Ireland following the company's request for 300 voluntary redundancies at the beginning of the year. Intel has invested more than $6 billion in its Irish facilities since it first set up shop in Ireland back in 1989.

Jane McEntegart
8 Comments Comment from the forums
  • cdillon
    Don't say "cuts 300 employees" in the title and then say "cuts 294 jobs" in the summary text. That just looks retarded.
    Reply
  • JMcEntegart
    It's been altered to avoid confusion.
    Reply
  • Marcus Yam
    cdillonDon't say "cuts 300 employees" in the title and then say "cuts 294 jobs" in the summary text. That just looks retarded.While I see where you are experiencing dissonance, please understand that there are certain conventions in news writing. Although it may seem to be a simple matter of making the headline the exact 294 instead of 300, the issue becomes more complicated when dealing larger figures. What if it were 2944 employees? We know that during financial reports that companies don't have exactly $5,000,000 in revenue, yet we still put 5 million in the headline. Such a rounding convention is established in news production to make it simpler to convey general ideas in headlines, with the idea that specifics are in the body. Here are some more examples of rounding: http://openlearn.open.ac.uk/mod/resource/view.php?id=286545

    Thanks for reading and the feedback.
    Reply
  • Hanin33
    Jane & Marcus,

    some people just believe it their duty to be pedantic and possibly feel they could do a better job than anyone in any job. while i myself have been guilty of pointing out spelling issues, is the difference of 6 in a value of hundreds really something you should point out? oh well.. keep up the good work and chins high!
    Reply
  • Marcus Yam
    Thanks, Hanin33. Appreciative readers make it all worth it. :)
    Reply
  • typical news reporter to sensatiionalise.. great job. NOT
    Reply
  • amnotanoobie
    What I do appreciate is that the writers have the time to explain things to people that aren't in their field. At least now I know and would have less of a tendency to ask stupid questions later.

    Thanks
    Reply
  • skalagon
    Bad news for Ireland, for Gods sake its about time the Goverment got off their asses and started cutting the costs of business in Ireland instead of being so scared of the unions that they don't do a thing.
    Reply