Irish staff 'extremely concerned' as chipmaker Intel confirms job cuts 

Chipmaker said it plans to reduce operating costs by between $500m and $1bn next year

Some 5,000 Intel workers are based here in Ireland, concentrated primarily in the company’s campus in Leixlip, Kildare.

Intel gave a weak revenue forecast on Thursday night, which fell below Wall Street estimates, with the embattled chipmaker confirming it will be cutting staff to reduce costs.

Posting its financial results for the first three months of 2025, Intel CEO Lip Bu Tan said they were "a step in the right direction," while also confirming there will be a reduction in Intel’s workforce globally.