If we are talking 400 new jobs for $400 million where is the economics. Its cheaper to keep 400 people unemployed that will only cost a couple of million and at the same time they can look for jobs which doesn't involve the government giving their employer $1 million cash up front. Its one thing to help a company start up by contributing to the cost of doing something like building a factory but continued cash handouts everytime they want to do something and all they promise is 400 jobs thats not good economics. . If its not profitable for Intel to stay in Israel then let them go where they feel its best for them just dont ask the government to continue giving money whenever you want it or else your going to lay people off or leave. If Israel has the right people who can do the job at the right price which it seems to do then if the government refused the money they would stay. It wouldn't cost the government $400 million to keep even all intels employess on unemployment.
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from the article: Netanyahu to Intel: Want money? Promise to stay in Israel