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Intel announces nearly 5,000 job cuts across California, Oregon, Arizona, and Texas as part of a major restructuring and cost-cutting effort under new CEO Lip-Bu Tan.
Intel plans to cut more than 15% of its workforce later this year, but the semiconductor plant under construction in Licking County is not affected, ... Intel job cuts won't impact Ohio One project.
Intel is gearing up to slash thousands of employees in multiple regions. Earlier it was estimated that the company would cut ...
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, ...
While Intel eliminated 5,000 jobs across the company in 2023, it added 1,000 net jobs in Oregon. When Intel last announced a major round of job cuts, in 2016, it eliminated 12,000 jobs .
Intel will lay off 529 employees in Oregon starting July 15 as part of a broader restructuring under new CEO Lip-Bu Tan.
The pending layoffs appear to be less profound than those Intel implemented in 2016, wrenching cuts that cost 12,000 workers their jobs. But the layoffs could still have an outsized impact in ...
Intel has hinted at significant job cuts for months. We now know more about how deeply those reductions will impact Arizona workers. Intel to lay off thousands, some AZ jobs already cut Intel ...
In a crushing quarterly update, Intel disclosed that it will cut more than 15 percent of its workforce. The layoffs, which could impact over 15,000 jobs, are part of the company's $10 billion cost ...
The cuts come as Intel continues yo work on its $28 billion investment in Licking County where it is building two factories that will have 3,000 workers. Intel had 124,800 workers as of the end of ...
In some areas of its business, Intel cut 20% of staff. The company had about 121,000 employees worldwide last autumn. In July of last year, Intel warned that its 2022 sales would be about $11 ...
Intel faces scrutiny over job cuts despite pursuit of $20B U.S. Chips Act funding Intel’s downsizing plans under fire amid massive U.S. subsidy aimed at boosting manufacturing jobs ...