Since my appointment, I have closely monitored developments in connection with Intel’s recently announced restructuring plans. I understand the company has initiated a process of offering voluntary redundancies to some staff, although the final outcome of this process is not yet clear.
I intend to discuss the issue with Intel company representatives in the near future. I have also asked that IDA Ireland maintain their ongoing contact with the company, both to seek to minimise the impact of any redundancies and to help the company build on its existing operations here. Immediately before I took up office, my predecessor, Richard Bruton T.D., held discussions with the company about the situation and officials of my Department also met with Intel representatives last week.