22/07/2009

Intel Talk Over Lay-offs

The international computer firm, Intel has begun a process of consultation with its Irish staff to decide who will be among a proposed 294 workers to be laid off at its Leixlip plant.

The process is expected to last three months and the first of the employees to face compulsory redundancy will not leave until October.

It said the move was a result of the consolidation of two of its factories on the site.

The company made the announcement yesterday and said equipment in the factories was outdated and also that demand had been reduced for the product being produced.

However, commenting, the Minister for Finance, Brian Lenihan, said the Chief Executive of Intel had assured him that the company would be remaining in Ireland.

(BMcC/JM)

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