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.
(10 - 33) Manufacturing (26 - 27) Manufacture of electrical, electronic and optical products 26 - Manufacture of computer, electronic and optical products 26 - Manufacture of computer, electronic and optical products
10,500 jobs Number of planned job losses
Announcement Date
5 September 2006
Employment effect (start)
Foreseen end date
Description
The computer chipmaker Intel is in the process of cutting 10,500 jobs worldwide. The job losses are understood to be part of an ongoing restructuring strategy by the company. The announcement was made in September 2006.
Sources
6 September 2006: The Irish Times
Citation
Eurofound (2006), Intel, Internal restructuring in World, factsheet number 64845, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/64845.
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