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Intel

Companies

Thousands of Intel Ireland staff hit by pay cuts and bonus freezes as chipmaker slashes costs again

Company is freezing bonuses and salaries for mid-level employees, while higher earners will have their pay cut
  • Donal MacNamee
  • February 3, 2023
Companies

Intel cuts forecast for next year as revenues slump

Chipmaker has cut jobs in Ireland and around the world and predicts Q1 revenues $3bn below analysts’ expectations
  • Donal MacNamee
  • January 27, 2023
Connected

Chip wars ramp up for an unsavoury battle

A US-China trade war is the latest sign of the faltering globalisation project – and semiconductor microchips are becoming weaponised, writes Jason Walsh
  • Jason Walsh
  • January 27, 2023
Companies

Irish Google employees to hear of jobs outcome within weeks

The tech giant plans to cut its global workforce by 12,000 and will carry out an assessment on its Irish operations to assess the level of job cuts here
  • Lorcan Allen
  • January 21, 2023
Business Post's View

Editorial: Tech growth unlikely to come off the tracks despite layoffs

Job cuts in Google and Microsoft are a response to shareholder pressure to lower costs, rather than a crisis
  • Business Post
  • January 21, 2023
Jobs

Intel Ireland starts compulsory redundancies in new round of job cuts

Around 30 staff will be affected as the semiconductor giant seeks to rein in its costs
  • Donal MacNamee
  • January 20, 2023
Editor's picks

Editor’s picks: Sit down with the best of our big reads

Our editors handpick the best writing in this week’s Business Post – including Matt Cooper on the Quinn documentary, and our critics’ choice of the year’s best books
  • Business Post
  • December 4, 2022
Today's headlines

Microsoft plans power plant on data centre site; How Intel is encouraging staff to take unpaid leave

The top stories from business and politics in today’s Business Post
  • Business Post
  • December 4, 2022
Jobs

Intel offers workers thousands of euro to take extended leave

Up to 2,000 workers at the US chip giant in Leixlip are being offered a package to take up to 12 weeks off unpaid in a bid to cut costs
  • Donal MacNamee
  • December 3, 2022
Intel

Could Intel’s leave offer lead to a longer absence?

The IT giant has opted for offering staff extended time off as a cost-saving exercise, but the worry is that things won’t stop there
  • Donal MacNamee
  • December 3, 2022
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
  • Business Post
  • December 2, 2022
Jobs

Thousands of Intel staff in Ireland offered unpaid leave in cost-cutting drive

Company is also actively exploring redundancies at some units as US giant cuts up to $10 billion of costs from the business
  • Donal MacNamee
  • December 1, 2022
Editor's picks

Editor’s picks: Sit down with the best of our big reads

Our editors handpick the best writing in this week’s Business Post – including a new look at the phenomenon of Nimbyism, and the lowdown from an underwhelming Web Summit
  • Business Post
  • November 6, 2022
Tech

Bargaining chips: How the semiconductor industry has emerged as an industrial battleground

Despite US manufacturers recently securing the $280 billion Chips Act, Intel is preparing to slash spending and cut tens of thousands of jobs. Why is the world’s largest semiconductor manufacturer making such a dramatic U-turn, and what could it mean for Ireland?
  • Lorcan Allen
  • November 5, 2022
Today's headlines

Intel workers to be told of potential job losses; PRSI will need to rise for state pension

The top stories from business and politics in today’s Business Post
  • Business Post
  • October 30, 2022
Jobs

Intel workers to be told of potential job losses in weeks

Leo Varadkar tells IDA Ireland to monitor potential job losses at Leixlip plant as cost-cutting drive comes amid rapidly deteriorating economic outlook
  • Donal MacNameeand
  • Peter O'Dwyer
  • October 29, 2022
Companies

Intel’s Irish staff briefed on cost-cutting plans as company confirms job cuts globally

Company has refused to comment on whether staff in Ireland might be impacted by job losses
  • Donal MacNamee
  • October 28, 2022
Today's headlines

Government to rethink block levy after backlash; Fears grow over Intel jobs

The top stories from business and politics in today’s Business Post
  • Business Post
  • October 16, 2022
Business Post's View

Editorial: Intel job fears highlight importance of FDI for the country

The economy depends heavily on overseas investors so Intel concerns and Novartis job losses reveal how Ireland is exposed when global economic conditions turn sour
  • Business Post
  • October 15, 2022
Companies

No discussion of job cuts at high-level meeting between Intel and government

Top official at Department of Enterprise, Trade and Employment met the company earlier this year to discuss the status of its Leixlip operation
  • Donal MacNamee
  • October 15, 2022

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