Recent #Ireland news in the semiconductor industry

10 months ago
➀ Intel offers a voluntary severance package of €500,000 to employees in Ireland. ➁ Employees must apply by August 23, with approval notifications on September 6 and departure on September 30. ➂ Intel plans to cut 15% of its Irish workforce, potentially affecting 730 employees. ➃ The company reported a net loss of $16 billion in Q2 2024, with disappointing revenue guidance for Q3 2024. ➄ Intel plans to reduce capital expenditures by over 20% for new factories and equipment in 2024.
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