The construction of the campus was supposed to cost 200 million dollars and it was planned to accommodate 6,000 workers
Intel stopped the construction of the IDC12 facility in Haifa that was supposed to be used by the company’s employees in Haifa.
The campus which, according to Intel’s announcement, was supposed to cost 200 million dollars and serve 6,000 employees, will not be built and Intel will increase hybrid work so that it can provide space for its employees in the existing facilities.
The campus was supposed to be particularly large, with a total area of several tens of thousands of square meters, and it was designed to house more than 6,000 employees active in the areas of hardware, software and development of Intel’s future processors. For comparison, Intel’s relatively new building in Petah Tikva, which was opened just before the outbreak of the Corona epidemic, is supposed to house about 2,000 employees at its peak.
Intel stated that “as a company that has chosen to work in a hybrid work model, we are working to evaluate and maximize the utilization of our real estate space, with the aim of creating a dynamic and comfortable work environment for our employees, while reducing costs. From the tests we conducted it emerged that we are able to provide an adequate response to the needs of our employees in Haifa through the existing offices, and therefore we decided to stop the construction of IDC12 and complete the parking structure. We emphasize that Intel Israel develops and produces technological solutions that change the world in fields that are a central and essential part of the IDM 2.0 strategy and in the company’s future, including computing, connectivity, artificial intelligence, cyber security and manufacturing, and it remains committed to its operations in Israel.”