Intel says Irish plan to top 300 mln punts --Paul, John, Ten, or anyone else...can you give us any info on what manufacturing lines are Intel closing and expanding in this news article? Those lost jobs don't sound too good...
Thanks in advance, Gary
DUBLIN, June 16 (Reuters) - Intel Corp. said on Wednesday it would invest more
than 300 million Irish pounds in its Irish operations to develop more sophisticated
microchip technology.
Intel said 750 employees would lose their jobs by the final quarter of next year but
would be offered re-training under the 300 million punt plan. A spokesman said the
investment would go beyond the initial figure.
''When we actually get into it, the figure will be higher than that again,'' an Intel spokesman told Reuters.
He said the 750 workers would be offered the option of transferring to a new production line at an existing facility, to help meet
an additional workforce requirement of between 900 and 1,000 employees.
The offer of retraining and deployment for the workers announced late on Tuesday, was ''a phased matching of the growth of
one side of our workforce with the ramping down of another,'' the spokesman said.
The Irish Times newspaper said Intel, the world's largest computer chip-maker, began a 30 million punt investment in February
at its plant in Leixlip, County Kildare, southwest of Dublin to prepare for production of its next generation chip. |
