Intel will close down the R and D centre in Yokne'am, Israel – which some are claiming is indicative of the firm’s plan keep a tighter focus on processors in the future. The firm sold another Israel based R and D centre in Petah Tikva in 2006, resulting in thousands of job cuts.
The smaller number of employees from the Yokne’am operation will be transferred to other sites in the country.
Link: Computer Business Review
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