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Intel reportedly plans to lay off up to 20 percent of factory workers.
In a memo seen by The Oregonian, Intel manufacturing Vice President Naga Chandrasekara tells workers that the company could cut between 15 and 20 percent of workers in its Foundry division. “These are difficult actions but essential to meet our affordability challenges and current financial position of the company,
Intel's chip making business will soon experience rapid negative headcount growth. The reason is simple — a lack of money.
Intel was one of the largest beneficiaries of CHIPS Act funding, winning a total award of $7.86 billion toward the end of ...
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Bonamici talks ICE, Intel layoffs at Hillsboro town hallICE arrests and big tech layoffs were just two of the topics discussed at Congresswoman Suzanne Bonamici’s town hall in ...
Intel is reportedly implementing layoffs affecting 15% to 20% of its manufacturing workforce, as confirmed in an internal ...
Intel is set to begin a new round of layoffs at its manufacturing facilities starting mid-July, the first under new CEO ...
Intel will begin layoffs at its Intel Foundry division in mid-July as part of a new restructuring effort to cut costs while ...
An internal memo obtained by The Oregonian/OregonLive revealed that Intel plans to initiate layoffs in mid-July, with the ...
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