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The beginning of the biggest wave of layoffs at Intel Israel

The largest private sector employer in the field of advanced technologies in the occupied territories began the most extensive wave of dismissal of its employees.

According to Webangah News quoted by Mehr News Agency, according to Al-Arabi Al-Jadid, the wave of dismissal of the employees of the Zionist company “Intel Israel” has started, so that the published reports indicate that actually 15-20% of the employees of this Companies get involved in this wave.

According to this report, the number of employees of the Zionist Intel company reaches seven thousand in Haifa and occupied Jerusalem, and 1,400 of them will be fired.

Zionist media reported that these days the visits to the company’s centers have decreased and those who remain are trying to adapt to the new conditions. This is the biggest wave of dismissal of Intel Israel employees.

The shares of this company have decreased by 50% since the beginning of this year and the losses recorded in the last three months have reached one billion and 600 million dollars.

It is stated in this report that this is a tragedy and disaster for a company that considered itself the largest employer in the field of advanced technologies in the occupied territories.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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