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Intel laid off 15,000 workers last year and is preparing for another round of cuts next month, OregonLive reports, citing an ...
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 ...
Next month’s layoffs will take place at Intel sites around the world but could have an especially big effect in Oregon.
Intel is set to cut up to 20% of its factory workforce starting July, potentially affecting nearly 20,000 jobs worldwide.
A report from OregonLive claims the cost-cutting effort, scheduled to begin as soon as mid-July 2025, will primarily affect ...
The 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 ...
An 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 ...
Intel employs 107,000 workers worldwide and 20,000 in Hillsboro.
Intel announced the pending layoffs in April and notified factory workers last week that the cuts would begin next month.
As of the end of 2024, Intel had 4,000 employees at its manufacturing plant in Kiryat Gat, although this number could have ...