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Intel’s new CEO Lip-Bu Tan is moving swiftly to reshape the chipmaker’s strategy. In a move that underscores his aggressive realignment of the company’s priorities, Intel has decided to shut down its ...
Intel has reportedly tolf staffers it plans to lay off 15-20% of its workers from its chip manufacturing division, with more job cuts in other divisions.
The Oregonian reported that chipmaker Intel plans to lay off up to 20% of its factory workforce, citing an internal email the publication says was verified by four employees. According to the ...
What just happened? Intel is preparing to lay off as much as one-fifth of its factory workforce in a move that will reshape one of the company's core business units. The layoffs, set to begin in ...
Intel plans major layoffs affecting 15% to 20% of its global factory workers to tackle financial challenges amid leadership changes and strategic moves.
Intel employs roughly 107,000 workers worldwide and 20,000 in Hillsboro.
A report from OregonLive claims the cost-cutting effort, scheduled to begin as soon as mid-July 2025, will primarily affect Intel Foundry, one of its core business divisions.
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