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October 1, 2016 / 28 Elul, 5776

Posts Tagged ‘Intel’

Giant Chipmaker Intel Starts Israeli Layoffs

Monday, May 2nd, 2016

Intel Israel on Monday began the process of laying off employees, combined with voluntary retirement of some, as part of its global move to drop 11% of its workforce. According to estimates, in Israel the move will touch several hundred employees, including from the company’s plants in Kiryat Gat, a development city in Israel’s southern district, halfway between Tel Aviv and Be’er Sheva.

Intel Israel’s workforce is estimated at 10,000, some in its production plants in Kiryat Gat ad Jerusalem, others in its R&D centers in Haifa, Petach Tikvah and Yakum.

Intel’s global layoffs of 11% of its entire workforce—which comes to 12,000 people—began last week, but was delayed in Israel on account of the Passover holiday.

According to DailyMaily, most of the laid off employees will receive eight salaries as their severance pay, but some will receive a full year’s pay. Some laid off employees ranked low in their evaluations, some are old enough to consider retirement. Meanwhile, Intel is expected to hire new employees for its upgraded Kiryat Gat plant which is due to be inaugurated in 2017, and which is built ob the foundations of two companies, Fab 28 and Micron.

Intel CEO Brian Krzanich announced on April 19 a restructuring initiative that “will allow Intel to intensify our investments in the products and technologies that fuel our growth, and drive more profitable mobile and PC businesses. We expect that this Initiative will result in the reduction of up to 12,000 positions globally. This will be achieved by voluntary and involuntary departures, global site consolidation, and efficiency initiatives.”

But some, like Forbes’ Bill Conerly, blame Intel’s management’s failure to steer the ship right for the massive, painful layoffs. “Go back three years and ask why Krzanich was keeping all of those 12,000 people on the payroll,” Conerly wrote last month. “Or go back three months and ask the same question. The boss might well have said something like, ‘We’ve been ramping down our headcount; now we’ll move faster because markets changed more rapidly than we had expected.’ But that’s not what happened. The sudden, massive layoff looks (at least to this outsider) as if management had been in denial or had failed to take the unpleasant steps it knew it needed to take.”

David Israel

Israel Arab Mayor Complains: Terror Chasing Away Jews

Monday, October 12th, 2015

The Arab mayor of the predominantly Arab city of Nazareth has raised his voice against the recent wave of terror that he says is ruining his city by chasing away Jews.

Mayor Ali Salaam told Globes:

I’ve been knee-deep in trouble. On an ordinary Saturday, 20,000-30,000 Jews visit Nazareth, and there wasn’t a Jew in the city yesterday.

They [Arab businessmen] make millions on Friday and Saturday, at least NIS 10 million [$2.6 million], and they didn’t make a cent yesterday. Restaurants were closed, businesses were closed. They came to me in the municipality and wept. We have to work several months in order to bring back commerce back to the city.

The recent escalation in Palestinian Authority violence has spread to the heart of urban areas in Israel, including Kiryat Gat, home to a giant Intel factory and a normally quiet city north of Be’er Sheva, Afula in the north and metropolitan Tel Aviv.

While Prime Minister Binyamin Netanyahu has lashed out at Palestinian Authority chairman Mahmoud Abbas for stoking the coals of terror, Arab Knesset Members have been openly inciting Arabs with Israeli citizenship. The Prime Minister has targeted MK Haneen Zoabi for investigation for violating laws, but there is no shortage of other openly anti-Jewish and anti-Israel Arab MKs.

The most vocal of them is Jamal Zahalka, who has preached against any connection between Jews and the Temple Mount, called Israel an Aparthied state and who has illegally visited the enemy states of Lebanon and Syria without being indicted.

Salam said of Arab MKs:

They staged a parade, and after the parade, they left the young people, who started throwing stones and burning things….. Each time, somebody else is responsible for the destruction. We can’t have everyone coming to make a parade in Nazareth. The business owners want to demonstrate against what’s happening.

Most of the MKs want to come for the publicity, to be seen and photographed. I’m sick and tired of them. Let them do something for the benefit of the people who voted for them.

I told [MK] Ayman Udeh, ‘Get out of here. I don’t want you to come to Nazareth. You’ve destroyed my city.’

The mayor said that the violence is not only bad for his city but also “is not good for the country.”

A Ben Gurion University professor from Umm el-Fahm, the northern Israeli city that is the home to the northern branch of the radical Islamic Movement, told Israel Radio (Reshet Bet) Monday that “95 percent of the people” are against the violence.

Unlike Israeli Jews, the Arab sector is not prone to public discussion, especially when it comes to voicing different opinions and attitudes towards Israel.

Radical Islamists have filled the vacuum and have monopolized public platforms.

The JewishPress.com previously has reported that even in the Palestinian Authority, the rank and file Arabs are interested in making a living more than being part of a new Arab country where they know that corrupt leaders will treat them as third-class citizens.

However, the Palestinian Authority agenda of preaching hate and incitement against Jews for more than 20 years has nurtured an entire generation that knows nothing of the stark improvement of the quality of life after the Jordanian occupation, and as well as the Egyptian rule over Gaza, ended with the Six-Day War in 1967.

Justice Minister Ayelet Shaked said on Monday that efforts are being made to define as illegal the Islamic Movement, which in the past several years has recruited tens of thousands of Bedouin in the Negev.

Tzvi Ben-Gedalyahu

BDS Trying to Stop Bon Jovi from Performing in Israel

Tuesday, July 7th, 2015

The “Palestinian Campaign for the Academic and Cultural Boycott of Israel (PACBI)” is petitioning anti-Zionists to sign up in a bid to force the rock group Bon Jovi from performing for the first time in Israel.

The petition states:

World renowned band, Bon Jovi, is scheduled to perform in Israel on October 3rd. We ask the members of the band, Jon Bon Jovi, David Bryan, and Tico Torres, to reconsider their concert in apartheid Israel, until Israel complies with international law and respects the rights of the indigenous Palestinian people.

Israel’s crimes against the Palestinian people have caused enormous despair, death, injury, and displacement, to millions of people.

The boycott group also warned that Israeli company producing the show also has clients such as Motorola whose “crime” is that it provides Internet access on the Tel Aviv-Jerusalem train that will pass through a small area in Samaria. In the petition’s language, the “train which cuts through stolen Palestinian village land in the occupied West Bank.”

Equally “worse,” according to PACBI, the production company also does business with Hewlett-Packard, which provides biometric control systems at checkpoints.

The attempt to stop the rock group is on the road to another failure. Bon Jovi’s producer in Israel told the group , “Bon Jovi couldn’t care less.”

This question has been asked thousands of times, but it still needs to be presented: Why doesn’t PACBI and other boycott groups stop using computers made with chips at Intel, whose employees include people living in Judea and Samaria?

Tzvi Ben-Gedalyahu

Bomb Scare at Intel Factory in Ireland

Tuesday, January 13th, 2015

Hundreds of Intel employees were evacuated \from the chip giant’s factory Ireland early Tuesday morning after an anonymous caller phoned with a bomb threat.ory

Investigators are searching the factory for bombs and other suspicious objects.

Intel employs approximately 4,000 people at the factory in Leixlip, but it is not known how many were at the site when the evacuation began.

Intel also has a large operation in southern Israel and announced last year it will spend another $6 million to expand manufacturing capabilities.

Jewish Press News Briefs

Intel’s Multi-Billion Dollar Upgrade to Kiryat Gat Plant

Wednesday, April 30th, 2014

The Intel Corporation has announced a multi-billion dollar upgrade to its plant in Kiryat Gat.

The investment plan, worth approximately $5-6 billion, includes a deal between the company and the state that includes a government grant to the firm of some NIS 750 million ($216,706,500).

The grant comes in return for a commitment to invest five percent of the funds into the Israeli economy, according to an announcement by an Intel statement.

“This investment plan is the result of the process we’ve been working on for several years,” commented Prime Minister Binyamin Netanyahu.

“Israel is the focus of global technology and the investment generates profits, both for investors and for the citizens of the State of Israel. I call on other international companies to increase their investment in Israel, and those who have not yet taken advantage of the benefits offered by the Israeli economy to come and invest here,” he said.

Economics Minister Naftali Bennett, chairman of the Bayit Yehudi party, called the announcement “the best gift we could ask for, for Israel’s 66th Independence Day.”

Jewish Press News Briefs

Intel Says It Exported $35 Billion from Israel in 40 Years

Sunday, January 26th, 2014

Intel is celebrating its 40th year in Israel with a report that it has exported one billion silicon processors worth $35 billion .

Last year, $3.5 billion worth of Intel products were exported from Israel, said the chip-making giant, which has received from the government billions of dollars in grants and enticements to locate and expand in Israel.

Intel has grown into Israel’s largest private employer, with 9.800 workers.

“Without innovation in Israel, the company has no right to exist,” said  Intel Israel president Mooly Eden. “Even as we develop and are at the spearhead of fab technology, we’re constantly moving on to the next technology.”

Intel is in the process of asking the Israeli government for $900 million in grants in return for building another new fab plant in Kiryat Gat, located next to the high-speed north-south Highway 6 that connects Be’er Sheva with access roads to Ben Gurion Airport, Jerusalem and Tel Aviv.

Referring to Intel’s not having caught the fad for mobile devices and tablets, Eden told Globes, “There have been several revolutions. We didn’t respond fast enough, and now that there is a new revolution – wearable technology – the expectation is that we will respond more quickly. The fact that we have to close gaps is not part of Intel’s DNA. We are good in offense, not defense, and we should run faster in the next two years, and show that we’re not just closing gaps, but that we’re leading new trends, such as wearable technology and security.”

Jewish Press News Briefs

Another Reason to Make Aliyah :Israel’s Jobless Rate Drops

Monday, September 30th, 2013

The unemployment rate in Israel fell to a 20-year low in August, and unlike in the United States, participation in the job market is increasing, according to the latest data from the Central Bureau of Statistics

The jobless rate in August was 6.1 percent, compared with a 7.3 percent in the United States. The rate for September is expected to remain the same.

However, the official  unemployment rates do not include discouraged workers who have settled for part-time jobs or have given up looking for work.

Forbes estimated in June that the “real” jobless rate is more than 14 percent, while in Israel, increased participation in the labor market indicates the opposite.

The American jobless rate also is being driven down by “baby boomers” retiring, while the higher birth rate in Israel creates a larger labor pool as well as establishing the basis for further for more growth through consumption.

High-tech still is the rage in Israel, and none other than U.S.-based Intel almost always is looking for workers.

It also has saved the jobs of 800 workers of Micron Technology employees, which decided last December decided to close down its Israeli operations. Intel will take over Micron’s fab plant and incorporate all of the workers into its work force.

Jewish Press News Briefs

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