No one will lose their job in Europe. More losses shifted onto the US worker in the coming weeks.
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Germany already gave ISP to 10..12% (afaik) depending on site. Add closure of Ulm last week, three other Sites in recent time and you see Europe is bleeding more than most. For Intel, it was not so hard to fire people.
hmm ... Look at Germany
http://www.statista.com/statistics/266228/youth-unemployment-rate-in-eu-countries/
Hard to fire = impossible to hire.
French youth unemployment rate 24.5%
Greece youth unemployment rate 51%
Italy youth unemployment rate 44%
US youth unemployment rate 10%
http://www.independent.ie/business/jobs/intel-job-cuts-start-with-most-of-layoffs-voluntary-34686754.html a few 100s in Ireland... some good packages in offer though
Sophie by by froggy f---ed
@vnl you forgot to put 'I hope' at the beginning of your sentence (or what you claim being a sentence)
Intel is announce its leave all sites in France
Aalborg site in Denmark was announced as going to close.
People have already lost their jobs in Europe and the axe is getting swung in the uk sites over the next 2 weeks