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Intel is gearing up to slash thousands of employees in multiple regions. Earlier it was estimated that the company would cut ...
Intel is set to issue hundreds of layoff notices to Oregon employees this week, according to a WARN notice that was shared ...
According to a report from The Oregonian, Intel initially informed Oregon workforce officials of plans to cut more than 500 workers in the state. However, the figure has now been raised to 2,392, ...
Intel is laying off hundreds of employees in various roles at its Folsom campus, according to a notice filed with the state ...
Intel’s sweeping layoffs highlight a dramatic push to cut costs and streamline operations as it battles to reclaim lost ...
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This restructuring, driven by C ...
The number of layoffs have not been confirmed by Intel, but Patel noted that with a 10% reduction to the data center and client computing groups, it could be as much as 20% of the workforce being cut.
Intel disclosed that recent layoffs in the Sales and Marketing Group will impact 62 positions at its headquarters in California.
The layoffs, filings indicated, impact workers at four different Santa Clara facilities. The layoffs, which were announced and processed last week, are set to take effect on Oct. 31.
Following Layoffs, Intel’s Next Target Is Employee Salaries ... Shares are down more than 5% since last week, and cuts are having minimal impact so far. “We stumbled, right, ...
Intel is set to implement significant layoffs, impacting 15% to 20% of its Intel Foundry workforce starting in July, potentially affecting over 10,000 employees globally. This move is part of CEO ...
The layoffs will primarily impact Intel's foundry division, which includes a wide range of roles from technicians on the factory floor to researchers developing future generations of microprocessors.