MORNING BRIEFING
Intel staff offered unpaid leave; Profits surge at Denis O’Brien’s Actavo
The stories you need to read this morning in business, politics and current affairs
Thousands of Intel staff offered three months’ unpaid leave in cost-cutting drive
Up to 2,000 staff at Intel’s Irish operation have been offered three months’ unpaid leave as part of cost-cutting measures at the US chip giant worth billions of euros, the Business Post has learned.
Workers at the company’s manufacturing division have been offered the unpaid leave as part of a “voluntary time off” programme which is being implemented by the company.