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Israel Tech

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Intel
November 12th, 2024 - 07:19 GMT
Osama Ali

Osama Ali

Intel Israel faces significant layoffs amid global financial restructuring

ALBAWABA - The nation's biggest private-sector employer, Intel Israel, is laying off thousands of workers for the first time in a decade. Globes reported that Intel's research centers in Haifa, Petah Tikva, and Jerusalem lost 1,000 to 1,400 people due to this staff decrease. Intel's August global reorganization plan included the layoffs to remove up to 17,000 workers. The greatest layoff wave in Intel Israel's history impacted 15-20% of its ...
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