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Rumors of these layoffs began back in April as Intel looks to refocus on its core business units and shed additional bloat.
In a memo seen by The Oregonian, Intel manufacturing Vice President Naga Chandrasekara tells workers that the company could ...
Intel is set to cut up to 20% of its factory workforce starting July, potentially affecting nearly 20,000 jobs worldwide.
Next month’s layoffs will take place at Intel factories around the world but could have an especially big effect in Oregon.
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ABP News on MSNLayoffs: Intel to Launch Mid-July Job Cuts As Foundry Restructuring Begins: ReportThe move is tied to Intel’s effort to reshape its Foundry business—its internal manufacturing arm—into a “leaner and more ...
Intel was one of the largest beneficiaries of CHIPS Act funding, winning a total award of $7.86 billion toward the end of ...
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Edex Live on MSNIntel announces new round of layoffs, to begin mid-JulyAn internal memo reveals that Intel planned to begin layoffs in mid-July, with the process expected to be completed by the end of the month. The tech giant justified the decision as part of its effort ...
A report from OregonLive claims the cost-cutting effort, scheduled to begin as soon as mid-July 2025, will primarily affect ...
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Intel, the Bay Area semiconductor giant, will lay off between 15% and 20% of its factory workforce beginning in July, a move expected to eliminate over 10,000 jobs globally in one of the largest ...
Intel employs 107,000 workers worldwide and 20,000 in Hillsboro.
As of the end of 2024, Intel had 4,000 employees at its manufacturing plant in Kiryat Gat, although this number could have ...
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