Intel to lay off more people in Europe

Posted on Tuesday, Sep 26 2006 @ 02:00 CEST by Thomas De Maesschalck
The Inq claims Intel plans to get rid of an additional amount of workforce in Europe.
We don’t know how many names are on the axeman's terminal list but we learned that the company is set to offer a round of redundancy packages, as you cannot simply fire people in Europe. It really costs you money to get rid of an employee over here.

Intel already fired 10,500 people and it seems that is not the end of it.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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