Uncertainty surrounding Co Kildare based multinational company with plans to cut 12,000 jobs

Computing giant Intel has announced plans to lay off 12,000 staff worldwide. Intel based in Leixlip employs about 4, 500 people.

In an email to staff, CEO Brian Krzanich said that the company was laying off 11% of its workforce to save €660 million this year.

The restructuring will eliminate the staff by mid-2017 and aims to “accelerate evolution from a PC company to one that powers the cloud and billions of smart, connected computing devices,” the California company said in a statement.

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