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Intel cuts hundreds more Bay Area jobs as tech layoffs worsen
Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The semiconductor company had previously disclosed its intentions to cut 20% of its global workforce, which would equate to 21,000 workers worldwide.
Workers in Oregon’s semiconductor industry give the state a financial boost. Without them, officials say, the effects will ...
Also, another recent WARN notice shows that Intel has increased its planned layoffs in Arizona from 170 to almost 700. This new round of layoffs means Intel has cut over 20,000 jobs, a year after it ...
Intel told its factory workers this month that it will begin laying off workers in mid-July, and that “initial” cuts will conclude by the end of that month.
Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce specific layoff numbers.
New Intel CEO Lip-Bu Tan is trying to turn around the company by making it more efficient and focusing on core products.
The 22,000 layoff figure, if accurate, would be larger than Intel’s last round of mass layoffs in August 2024, when then-Intel CEO Pat Gelsinger announced 15,000 job cuts.
Intel is reportedly preparing for its largest round of layoffs ever. According to a new story from Bloomberg, Intel is set to announce a massive 20 percent reduction in its workforce.
Intel has decided to close down its automotive business, a decision that will lead to layoffs.
Intel could be set to announce one of the biggest rounds of tech layoffs we’ve seen in months, with thousands of workers set to leave.
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