Intel silent on Egypt numbers as employees speak out

Chipmaker will not confirm job cut figures; stresses relocation efforts

Tags: EgyptIntel CorporationJob cuts
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Intel silent on Egypt numbers as employees speak out Karim El Fateh, Intel Egypt's country manager.
By  Helen Gaskell Published  April 16, 2014

Intel employees in Egypt have taken to social media sites to comment on the closure of the company’s R&D and engineering plants in the country, with two claiming that between 120 and 150 people have been affected.

However, Intel would not confirm the number of affected employees, choosing instead to highlight a relocation programme that it hopes will mitigate the effects of the shutdown.

Karim El Fateh, Intel Egypt country manager told “We don’t have exact numbers at the moment; we are working with our employees now to identify who is able to travel… We are allowing employees some time to decide on whether they would like to relocate. The employees that will be relocating will be moving by August so that they are settled with their families before school start dates.”

Intel acquired Egyptian communication software company SySDSoft in March 2011 and hired 120 of the company’s locally based talent, many of whom will now be jobless. Ahmed El Arabawy, SySDSoft’s co-founder, expressed his disappointment on his Facebook page: “Very Sad News. The end of a dream. Intel Shuts Down IMC (previously SySDSoft). That was one day my little baby. Now it is gone.”

“Our key priority is to fully support our employees during this transition,” said El Fateh. “New employment opportunities in Munich and Bangalore will be opened, as these are our focus sites for co-location and building teams with critical mass. For employees with critical skills we will seek to assist their retention. Impacted employees where we are not able to offer a new role will be offered a separation package in the context of a mutual separation.”

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