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Intel is reportedly planning to lay off 20% of its factory workers amid faltering demand for its core products.
Rumors of these layoffs began back in April as Intel looks to refocus on its core business units and shed additional bloat.
Many tech companies such as Amazon, Microsoft, Meta, Intel and others have announced mass layoffs in the year 2025. The ...
In a memo seen by The Oregonian, Intel manufacturing Vice President Naga Chandrasekara tells workers that the company could ...
In one of its largest workforce reductions to date, Intel will lay off between 15 and 20 per cent of its Foundry employees ...
Intel plans significant job cuts in its foundry division starting July. This move could affect over 10,000 employees globally ...
The anticipated reductions are scheduled to begin in weeks and will reportedly affect Intel Foundry, the company’s ...
Intel layoffs have been anticipated for months, but new reports suggest many of them will be concentrated in the division ...
The company said the layoffs will be driven by investment priorities, skills assessments and performance, and ruled out ...
Intel is planning significant job cuts in its foundry division. The layoffs will affect thousands of employees globally. This ...
Intel is considering firing between 15% and 20% of its foundry workers. While the move would help lower costs, the company ...
Next month’s layoffs will take place at Intel sites around the world but could have an especially big effect in Oregon.