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

Staff at Intel’s Leixlip plant had until November 24 to accept an offer of unpaid leave

On November 17, staff at Intel’s sprawling Leixlip campus received the email they had been waiting anxiously for, only to find an unexpected twist in the message from management.

For weeks, rumours had been swirling among the company’s manufacturing staff that job cuts were imminent, after Pat Gelsinger, its chief executive, said in late October that Intel would seek to make up to $10 billion in savings by the end of 2025.

Many believed redundancies ...