Restructuring events
European Restructuring Monitor (ERM)
The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Multinational chip manufacturer Intel is to cut 130 jobs in Ireland as part of its global cost-cutting plan that was announced in 2022.
In December 2022, Intel informed the Department of Enterprise, Trade and Investment that it would be cutting 100 jobs in Ireland.
In January 2023 the company announced a further 30 compulsory redundancies, which are in non-manufacturing roles.
Intel employs about 5,000 people in Ireland, with the majority of these employees located at its manufacturing base in Leixlip, Co Kildare.
Previous restructuring events have been recorded for Intel in the ERM Events database. In 2022, the company announced a global restructuring plan which will reduce it's workforce by 674 employees [hyperlink: (Intel-2022-WO)], and an expansion in Ireland in 2021 of 1600 jobs [hyperlink: (Intel-2021-IE)].
Eurofound (2022), Intel, Internal restructuring in Ireland, factsheet number 108254, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/108254.
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