Intel

As it moves its Dublin HQ into new offices, the US company is bucking the downward tech trend by continuing to hire and expand

Company announced global job cuts in January amid a sharp correction in tech

Bleak earnings forecasts have punished the technology giant

One by one, different companies started to fall, a domino effect that resulted in new announcements every week

Latest notification to Department of Enterprise brings to 130 the numbers shed at Leixlip plant as part of global cull

New factory at Leixlip site will double Intel’s manufacturing space in the Republic

CRH Group Services employs 364 in Ireland, 45 per cent of whom are women

Seen and heard: Microsoft’s latest data centre to contain power plant, Revenue to step up share scheme tax crackdown and Intel’s extended leave offer to workers

Much more common to place workers on reduced hours or to have a temporary lay-off

Government figures expect redundancies in January or February

Business Today: the best news, analysis and comment from The Irish Times business desk

Work breaks expected to extend to three months

Colossal amounts of corporate and income tax are derived from the ICT sector. But as tech giants apply brakes and announce layoffs, indigenous firms may benefit from the staff they liberate

Many firms also pausing hiring as they grapple with economic headwinds

In a staggering level of exposure 10 per cent of all tax revenue in Ireland is now coming from just 10 American corporations

Impact on Irish operation is not yet known as company approaches cuts by business group

Concern in Ireland as technology giant Intel plans to shed thousands of jobs globally

Plans feed into wider effort to boost manufacturing and regain market share from Samsung and TSMC

Intel and Micron set to slash billions of dollars off capital spending despite Washington passing landmark law to increase production

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Ireland must win cutting-edge projects not to become irrelevant and at risk of closures

Move brings to 11 the number of Irish or Ireland-based vice-presidents at tech giant

Building 4700 at Cork Airport Business Park has scope for enhanced return of 9.64%

Ireland has to look at its infrastructure and competitiveness, executive says at Davos

Ukrainian president tells global leaders such measures should include embargo on oil

A selection of popular and less well-known courses that may be right for you

Covid-19 lockdowns, war in Ukraine expected to dent sales

News sends chipmaker’s shares sharply lower

Research Lives: Kieran Daly, co-founder and chief technology officer of HealthBeacon

TU Dublin offers 166 undergraduate programmes and 158 postgraduate programmes

Eamonn Sinnott taking job in Magdeburg on interim basis

The economic momentum that has been sustaining growth will inevitaby slow

Zelenskiy critical of some in the West and says he could not tolerate ‘any indecisiveness’

Tech stocks keep the Nasdaq riding high

Electric car maker Tesla opens European factory after 22 months of construction

More versatile than the Surface Laptop, more comfortable than the Surface Pro

Supply issue will hold back ambitious expansion plans by Intel and others

Intel chooses Magdeburg for its new European hub as the city is between massive Tesla and Volkswagen plants

Investment in existing Irish development as chip giant charts ambitious European expansion

Republic has ‘let us down’ by losing key investment to Germany, says Imprint founder