Intel Layoffs Job Cut: may fire 300 employees in Ireland

The news is not good for the employees of the Intel, which is the famous processor and chip manufacturing company. We had initially reported about a possible Intel Layoffs Job Cut in January 09 and Intel Layoffs Job Cut in December 2008. Now the situation is getting worse for the employees as the recession is taking a toll on all sectors and all of the sectors are feeling the heat. The latest on to add to the list is the Intel Organization, which may be going for layoffs.
How many employees may be fired in the Intel layoffs?
As per the reports, there can be around 300 layoffs by Intel in Ireland. This can be just the beginning of the huge layoffs.

What is the total no. of employees of Intel?
The total no. of employees of Intel is 84000 as of now globally. Ireland is reported to have around 5000 employees.

What will be the cost and savings by Intel layoffs?
No info about that.

When will the Intel layoffs happen?
It is learnt that the payouts for redundancy were accepted only till Monday, which has already passed.

Which locations and department of employees will be affected by the Intel layoffs ?
These layoffs will happen in Ireland. No further info available department wise.

What is the primary reasons for Intel layoffs?
The primary reasons for layoffs is not known.

Any other news about Intel layoffs
As per Herald, A company spokesman said: "The clear message is that Intel is committed to Ireland and is not closing the site. While people are losing their jobs, the site is in safe hands." The company has offered a redundancy package worth up to two years' salary.
Let's hope that alternative jobs are available to the affected employees of Intel Layoffs Job Cut