Intel (NASDAQ:INTC) has announced that it will be delaying layoffs at its Israeli facilities until late October. The decision comes as the company continues to navigate the ongoing challenges posed by the global pandemic.
The delay in layoffs is seen as a positive development for employees at Intel’s Israeli locations, as it provides them with more time to prepare for potential job cuts. The company had initially planned to implement the layoffs earlier, but has decided to push back the timeline in order to give employees additional time to make necessary arrangements.
Intel’s decision to delay the layoffs is reflective of the company’s commitment to supporting its employees during these uncertain times. By providing employees with more time to prepare, Intel is aiming to minimize the impact of the layoffs and ensure a smoother transition for those affected.
Overall, the delay in layoffs at Intel’s Israeli facilities is a positive step that demonstrates the company’s dedication to its employees and commitment to navigating the current challenges with empathy and care.