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ISRAEL AT WAR - DAY 560

Intel layoffs

An Intel building in Jerusalem, May 18, 2016. (Yonatan Sindel/Flash90)
December 16, 2022, 6:26 pm
Intel Israel lays off dozens; thousands to reportedly be offered retirement packages
Company says global headquarters ordered reduction of expenses by billions of dollars over next three years, forcing firings in Israel and elsewhere
By ToI Staff
Intel Corp.'s 9th Gen Core, sired by its Haifa team, was launched by the US tech giant on April 23, 2019 (Courtesy)
May 21, 2019, 12:27 pm
Some 150 jobs in Israel at risk as result of new Intel CEO 5G strategy
Intel sources confirm that the decision to exit 5G smartphone modem business globally will affect local team as well
By Shoshanna Solomon
Former prime minister Ehud Olmert, with Intel Israel General Manager Maxine Fassberg, cuts the ribbon at the opening of Intel's new R&D center in Jerusalem, 2009 (Courtesy Intel)
May 18, 2016, 3:48 pm
Intel to close Jerusalem plant; most workers safe but transferred
Israel’s largest tech employer shifting employees to recently upgraded Kiryat Gat facility; R&D center largely unaffected
By ToI Staff
Former president Shimon Peres, left, and Intel employees at a Kiryat Gat chip factory in 2012. (Sivan Faraj/FLASH90)
April 21, 2016, 8:16 am
Intel jobs at Kiryat Gat facility safe, chip giant reported to say
Struggling processor firm announces 12,000 layoffs worldwide as part of transition plan, but no major cuts expected at local plant
By David Shamah and AP
(L) Roni Friedman and (R) Valentin Kaplan hold Skylake SoCs; (C) Shlomit Weiss holds a "fresh from the factory" sheet of Skylake chips (Intel)
April 20, 2016, 5:59 pm
Layoffs loom, but there’s hope for Intel Israel employees, says expert
Major cuts at Israel’s largest single tech employer may not materialize, according to Israeli High Tech CEO Forum chairman
By David Shamah
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