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
Intel’s Irish staff were briefed on cost-cutting plans at a company-wide meeting last night, following the chipmaker’s announcement that it will soon begin targeted job cuts.
The tech giant last night confirmed reports that it is to embark on an aggressive cost-cutting push in an effort to deal with a sharp decline in demand for PCs which has impacted on its earnings.
It came as Intel reported a 20 per cent drop in third-quarter sales, ...
