Intel staff and families ‘extremely concerned' at possible job losses
Intel's staff and their families are 'extremely concerned' at the possible job losses as the company seek to cut its global workforce, the employment minister has said.
Peter Burke said it is likely to be 'several weeks' before detail is available on how the Co Kildare-based campus will be affected.
Intel said it is cutting its workforce to bring costs in line with the business's smaller size, but did not announce a number of lay-offs.
Earlier this week, Bloomberg News reported that more than 20% of staff globally are to be laid off.
The US tech firm's European manufacturing base has been in Leixlip since 1989.
Intel said it has invested 30 billion euro into the campus and has 4,900 employees in Ireland.
Intel said it could be July before it has finalised the number of lay-offs.
Mr Burke, the Minister for Enterprise, Tourism and Employment, said he will continue to engage with Intel, supported by colleagues in IDA Ireland, in what is a 'difficult time for staff in the midst of continued uncertainty'.
'I note the publication of Intel's Q1 financial results last night and comments from CEO Lip Bu Tan that they were 'a step in the right direction', while also confirming there will be a reduction in Intel's workforce globally,' Mr Burke said in a statement.
'While no specifics around the number or location of job cuts were flagged, the company have said they plan to reduce operating costs by 500 million dollars (440m euro) this year and one billion dollars (880m euro) next year, and stated this will include a reduction in the workforce, particularly in management and non-core engineering roles.
'It is likely to be several weeks before detail is available on the impact of these cost reduction measures.
'While we await further specifics on potential downsizing, which is an incredibly anxious time for Intel's staff, it is positive that the company have stated that they will continue to focus investment on their core business, the manufacturing of semiconductor products.
'This is the primary activity in Ireland.
'It is also worth noting that Intel has completed the construction of the most advanced semiconductor manufacturing facility in Europe in Fab 34, which is now in production in Leixlip and can be central to Intel's growth recovery strategy.
'This 17 billion euro investment is just the latest in Intel's 35-year history operating here, with the Irish government, through IDA Ireland, partnering with Intel on this journey.
'My thoughts remain with staff and their families, many of whom are extremely concerned.
'I continue to keep in touch with local management and I am meeting them again next week.
' Government continues to value our long-term partnership with Intel and will continue to work with the company as it works through its plans over the coming weeks and months, as demand for semiconductors remains strong.'
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Pembrokeshire Herald
an hour ago
- Pembrokeshire Herald
Restaurant at ‘flagship' Saundersfoot harbour approved
A CALL to turn a vacant unit at a Pembrokeshire seaside village's flagship marine centre of excellence into a high-quality seafood restaurant has been given the go-ahead by the national park. In an application to Pembrokeshire Coast National Park, Red Roses-based Rhianwen Lane of Catch Cymru sought permission for a change of use of Unit 21, Marine Centre of Excellence, Saundersfoot Harbour, Saundersfoot to a food and drink establishment with indoor seating and a takeaway. The proposal was supported by Saundersfoot Community Council. A supporting statement with the application said: 'Catch Cymru is an established, independent seafood business based in Carmarthen, with a strong reputation for high-quality takeaway seafood. 'As a result of the success and demand for our current operation, we are now looking to expand by opening a second restaurant in Saundersfoot, Pembrokeshire. 'Our aim for this new shop is not only to replicate our successful takeaway model but also to enhance the customer experience by providing a unique, seaside dining experience that will appeal to both locals and tourists alike. 'In addition to our existing offerings of fried fish and chips, the Saundersfoot restaurant will offer a broader menu, including seasonal grilled and barbequed fish, fresh salads, and a variety of side dishes to cater to a wider demographic, to include halloumi fries, corn on the cob etc. 'This expansion will also allow us to continue our popular takeaway service while providing a casual dine-in atmosphere with a drinks menu that features locally sourced beers and IPAs.' The application says a key feature of the menu at the dog-friendly restaurant will be 'Catch of the Day' specials, 'based on the freshest seafood available from the local harbour,' giving customers 'a unique experience and encourage repeat visits knowing that we support local fishermen'. It also plans to host live music events from local artists on selected weekends, especially during peak season and bank holidays to 'help create a dynamic and engaging atmosphere that encourages customers to linger, enjoy their food and drinks, but most importantly return for more'. An officer report recommending approval said the change of use of an existing chandlery from A1(Shop) to A3 (Food & Drink) 'will ensure that the vacant unit within the Marine Centre of Excellence is brought back into use and positively contribute to the character of Saundersfoot Harbour'. The Marine Centre of Excellence was given planning consent in 2016, subject to a condition which restricts the available retail floor space and its use. The report says a viability statement from the Saundersfoot Harbour Authority' detailed how the unit was no longer viable for A1/A2 use and that an A3 use would provide vitality and vibrancy to the harbourside location'. It finished: 'The proposed development will have no adverse impact on the special qualities of the National Park and will positively contribute to the character of Saundersfoot Harbour. 'A seafood business would fit within the character of the seafront at the Marine Centre of Excellence and will bring a vacant unviable retail unit back into use providing a benefit to the community and local economy.' The application was conditionally approved by park planners.
North Wales Live
an hour ago
- North Wales Live
'Delicious' letterbox brownies slashed to £5 with deal stack perfect for Father's Day
Father's Day is just one week away and for those still searching for the perfect gift, shoppers can now get a major discount on a treat ideal for the occasion. If he's got a sweet tooth, Cutter and Squidge's brownie box might be a winning ticket - and customers can get it for under £5 with a deal stack. The retailer's Mixed Mini Brownie Box is a popular choice with shoppers. It comes with a Father's Day sleeve and contains an assortment of rich, gooey mini brownies in various flavours for £21.99. The London-based bakery is renowned for its letterbox-friendly boxes of handmade brownies, cakes, and biscuits, each wrapped in occasion-specific packaging. They can be shipped anywhere in the UK, though it's worth noting for last-minute buyers that a next-day service does incur an extra charge. Thanks to a limited offer with TopCashback, shoppers can make significant savings for this special occasion. New customers to both TopCashback and Cutter and Squidge will receive a £15 new member bonus plus additional cashback, meaning the Mixed Mini Brownie Box will effectively cost £4.79 after cashback. For existing Cutter and Squidge customers who are new to TopCashback, the brownie box will be £5.52 after cashback. This year there are plenty of online foodie gifts still available for dads who appreciate the finer things in life, the Luxury Wine, Cheese, and Rillette Hamper (£70) from is an excellent gift option, reports the Mirror. This hamper is filled with artisan cheeses, crackers, a bottle of wine and more to savour. Alternatively, Bloom and Wild also offer a range of sweet treats available to send to a special someone by post. But for the sweet toothed, the Mixed Mini Brownie Box from Cutter and Squidge has become a versatile present for numerous celebrations, with customers able to adapt the packaging for various occasions while enjoying the same variety of delicious treats. The Birthday Box is a hit on the brand's website, securing a hefty 4.8-star rating from 164 reviews. A satisfied shopper commented: "The Mixed Brownie Box is a perfect selection of deliciousness and comes in lovely packaging that matches each occasion." Another customer said: "I received these brownies as a birthday gift and they were so delicious that I ordered a box of 12 to be sent to a relative for her birthday. They are highly recommended - a great gift to send and receive." Despite the majority of positive feedback, a few buyers pointed out that the brownie sizes might be modest, which isn't surprising for assorted boxes designed to fit through a letterbox. Meanwhile, another buyer praised the product saying: "Fantastic selection of the most delicious brownies!". How to get the Cutter and Squidge Father's Day Brownie Box for less than £6
Wales Online
an hour ago
- Wales Online
'Delicious' letterbox brownies slashed to £5 with deal stack perfect for Father's Day
'Delicious' letterbox brownies slashed to £5 with deal stack perfect for Father's Day Cutter and Squidge's Mixed Mini Brownie Box has been a go-to gift for all sorts of occasions and with Father's Day a week away, shoppers can order in time for the special day Customers can save more than £15 with the deal (Image: Cutter & Squidge ) Father's Day is just one week away and for those still searching for the perfect gift, shoppers can now get a major discount on a treat ideal for the occasion. If he's got a sweet tooth, Cutter and Squidge's brownie box might be a winning ticket - and customers can get it for under £5 with a deal stack. The retailer's Mixed Mini Brownie Box is a popular choice with shoppers. It comes with a Father's Day sleeve and contains an assortment of rich, gooey mini brownies in various flavours for £21.99. The London-based bakery is renowned for its letterbox-friendly boxes of handmade brownies, cakes, and biscuits, each wrapped in occasion-specific packaging. They can be shipped anywhere in the UK, though it's worth noting for last-minute buyers that a next-day service does incur an extra charge. Thanks to a limited offer with TopCashback, shoppers can make significant savings for this special occasion. New customers to both TopCashback and Cutter and Squidge will receive a £15 new member bonus plus additional cashback, meaning the Mixed Mini Brownie Box will effectively cost £4.79 after cashback. For existing Cutter and Squidge customers who are new to TopCashback, the brownie box will be £5.52 after cashback. The Father's Day mini mixed brownie box from Cutter & Squidge (Image: Cutter & Squidge ) This year there are plenty of online foodie gifts still available for dads who appreciate the finer things in life, the Luxury Wine, Cheese, and Rillette Hamper (£70) from is an excellent gift option, reports the Mirror. This hamper is filled with artisan cheeses, crackers, a bottle of wine and more to savour. Alternatively, Bloom and Wild also offer a range of sweet treats available to send to a special someone by post. But for the sweet toothed, the Mixed Mini Brownie Box from Cutter and Squidge has become a versatile present for numerous celebrations, with customers able to adapt the packaging for various occasions while enjoying the same variety of delicious treats. The Birthday Box is a hit on the brand's website, securing a hefty 4.8-star rating from 164 reviews. A satisfied shopper commented: "The Mixed Brownie Box is a perfect selection of deliciousness and comes in lovely packaging that matches each occasion." Another customer said: "I received these brownies as a birthday gift and they were so delicious that I ordered a box of 12 to be sent to a relative for her birthday. They are highly recommended - a great gift to send and receive." Despite the majority of positive feedback, a few buyers pointed out that the brownie sizes might be modest, which isn't surprising for assorted boxes designed to fit through a letterbox. Meanwhile, another buyer praised the product saying: "Fantastic selection of the most delicious brownies!". How to get the Cutter and Squidge Father's Day Brownie Box for less than £6 Article continues below To claim the new member bonus, new members of TopCashback need to sign up via this link Search for Cutter & Squidge and click 'Get Cashback Now' Shop and check out as usual. Cashback will track and appear in members' TopCashback accounts after around seven working days.
