In order to reduce costs, Intel announced that more than 2000 employees of its Irish plant would take three months of unpaid leave.
On Thursday, local time, chipmaker Intel plans to give more than 2000 employees working in Ireland unpaid leave for three months.
Intel reportedly told its manufacturing staff in Ireland to take unpaid leave in order to cut operating costs, as part of the company's ongoing "voluntary vacation" program.
"the voluntary vacation program gives us the opportunity to reduce short-term operating costs and provide employees with attractive relaxation options," Intel said in an emailed statement. it also stressed that manufacturing talent is an important part of the company's business in Ireland.
It is understood that Intel has nearly 5000 employees in Ireland.
In October, Intel cut its full-year profit and revenue forecasts and warned of layoffs. Intel also said it would try to reduce operating costs in times of macroeconomic uncertainty.