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Intel layoffs in Ireland


kerrynorth

Well-known member
Joined
Oct 5, 2005
Messages
1,525
This is not on any news item and there is no link for it but I am satisfied as to the source of this information. Intel are to commence what is alleged to be up to circa 1500 redundancies in Kildare with an intial layoff of 350. I don't know when it will be announced but I am satisfied that the information comes from a genuine source.
 

Catalpa

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Joined
Jun 10, 2004
Messages
10,301
This is not on any news item and there is no link for it but I am satisfied as to the source of this information. Intel are to commence what is alleged to be up to circa 1500 redundancies in Kildare with an intial layoff of 350. I don't know when it will be announced but I am satisfied that the information comes from a genuine source.
KN

This bad bad news.....:mad:
 

cavok

Member
Joined
Apr 20, 2009
Messages
64
Website
www.politics.ie
thats been coming for a long time now

no shock if its actually in motion.
 

Eorna

Active member
Joined
Nov 24, 2008
Messages
215
Damn, that is very bad news. Is there any breakdown on the voluntary vs compulsory type, although I presume that they will be the latter, given the average age of the company is quiet young. ( 35 I believe, is that correct)
 

conservative green

Well-known member
Joined
Oct 1, 2008
Messages
1,275
This is not on any news item and there is no link for it but I am satisfied as to the source of this information. Intel are to commence what is alleged to be up to circa 1500 redundancies in Kildare with an intial layoff of 350. I don't know when it will be announced but I am satisfied that the information comes from a genuine source.
Translation: 'I read it on the Pin'. :rolleyes:
 

FutureTaoiseach

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Mar 20, 2005
Messages
7,992
Website
greatdearleader.blogspot.com
Horrifying if true. Don't Intel alone account for 10% of our exports?
 

antagoniser

Member
Joined
Jun 3, 2006
Messages
71
I just want to put it on record that I received information to the contrary a while ago, that Intel are actually planning further investment in Ireland. I don't question how genuine the person in question was but they wouldn't have been at the higher levels of the company's thinking.
 

mmrebel

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Joined
Jan 24, 2009
Messages
758
Intel Corp. said Tuesday its first-quarter profit dropped 55% amid a weak market for personal computers, but the world's largest chipmaker topped Wall Street's forecasts for earnings and revenue.

The Santa Clara, Calif.-based company's net income totaled $647 million, or 11 cents per share, for the three months ended March 28, compared with $1.44 billion, or 25 cents per share, in the year-earlier period.
Intel's profit and revenue beat estimates, shares fall - Apr. 14, 2009

So they are not making enough profit and thats why they are letting people go
 

cavok

Member
Joined
Apr 20, 2009
Messages
64
Website
www.politics.ie
Horrifying if true. Don't Intel alone account for 10% of our exports?
that 10% is responsible for part of our problems

The PS CS have been paying themselves and the social partners on the back of these trade anomalies

now we will see our true GDP

Agriculture and a few small industries thats what we have.

ZANU FF have not developed this country since the great Sean Lemass, shame on them
 

Digout

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Joined
Oct 2, 2008
Messages
1,396
I just want to put it on record that I received information to the contrary a while ago, that Intel are actually planning further investment in Ireland. I don't question how genuine the person in question was but they wouldn't have been at the higher levels of the company's thinking.
I heard they are still very busy there, with possible investment coming in the future. Got this from somebody working in there.
 

antagoniser

Member
Joined
Jun 3, 2006
Messages
71
I heard they are still very busy there, with possible investment coming in the future. Got this from somebody working in there.
Good to hear I'm not the only one, lets hope KN is wrong on this one. I hope Mary Coughlan doesn't go barging in, then we're truly ********************ed.
 

Digout

Well-known member
Joined
Oct 2, 2008
Messages
1,396
Good to hear I'm not the only one, lets hope KN is wrong on this one. I hope Mary Coughlan doesn't go barging in, then we're truly ********************ed.
If she does, Intel will leave Ireland. They can move whenever they want anyway, they have billions in cash reserves.
 

Cael

Well-known member
Joined
Jun 19, 2006
Messages
13,343
It will be a big blow for morale, as Intel was considered the symbol of "celtic tiger" Ireland.
 

ajax1000

Active member
Joined
Feb 3, 2008
Messages
244
bet the boys on the pin are realoly praying for a pullout. It will give them something more to talk about.
 
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