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Last week, Intel issued a Worker Adjustment & Retraining Notification Act notice for 172 layoffs the corporation was planning ...
Workers in Oregon’s semiconductor industry give the state a financial boost. Without them, officials say, the effects will ...
Intel plans to cut 15%-20 % of its global fab network workforce — between 8,170 and 10,890 employees — to reduce costs, but this risks operational agility and potentially jeopardizes federal ...
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KOIN Portland on MSNIntel layoffs ripple across Oregon economyToo many sellers, too few buyers — it’s a worry suddenly on the minds of some realtors in Washington County following Intel’s ...
Intel is set to implement significant layoffs, impacting 15% to 20% of its Intel Foundry workforce starting in July, potentially affecting over 10,000 employees globally. This move is part of CEO ...
The anticipated reductions are scheduled to begin in weeks and will reportedly affect Intel Foundry, the company’s manufacturing division.
Layoffs are looming at Intel as the semiconductor giant looks to shave half a billion dollars from its operating expenses.
Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce specific layoff numbers.
The layoffs will primarily impact Intel's foundry division, which includes a wide range of roles from technicians on the factory floor to researchers developing future generations of microprocessors.
Rumors of these layoffs began back in April as Intel looks to refocus on its core business units and shed additional bloat.
Intel will cut an unspecified number of workers as it looks to flatten its organizational structure and shift to an engineer-focused culture built on leaner teams, CEO Lip-Bu Tan said during a ...
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