Company saw profits after tax of more than €40m
The average pay for the 745 strong workforce at chip maker, Intel’s Irish research & development arm last year totalled $130,861 .
The firm’s main activity is R&D activity of new and emerging technologies across a range of Intel business units. At the end of December last, the firm had 691 employed in R&D and 54 in management, administration, sales and marketing. A note attached to the accounts states that during the year, Intel Corporation announced the implementation of cost-cutting measures, including a slower pace of hiring, designed to reduce operating expenditures and manage the business towards the long-term financial model.
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