While an exact timeline for the layoffs was not laid out, the company said it expects to complete the 15% reduction by the end of the year. The job cuts are set to impact about 18,720 workers.

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 ...

Intel plans to lay off more than 300 California employees in a wide range of roles, including software development for GPUs, cloud computing and AI computing. New Intel Layoffs Impact GPU And ...

In a letter to employees on Thursday, the chipmaker’s new CEO Lip-Bu Tan wrote that critical changes are coming that will reduce the size of Intel’s workforce. “Our competitors are lean ...

Intel disclosed that recent layoffs in the Sales and Marketing Group will impact 62 positions at its headquarters in California.

(KRON) — Intel Corporation will be laying off dozens of Bay Area employees, according to a state filing. The chip manufacturer announced plans last month to lay off 15 percent of its global ...

Intel is coming off two consecutive quarters of large losses. On April 27 it reported a record $2.8 billion loss in the first quarter and 36% year-over-year drop in revenue. That was after the ...

Media reports in recent days have suggested Intel could lay off more than 20% of its workforce, which numbered about 109,000 employees at the end of last year, including 12,000 in and around Chandler.

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 ...

Intel Planning More Layoffs Amidst Weak Economy The chipmaker let go of more than 500 employees in January, and it looks like more layoffs are on the way. Written by Conor Cawley ...

SANTA CLARA — Intel has disclosed plans for massive layoffs that will lead to a loss of 15,000 jobs worldwide, a restructuring ushered in by “disappointing” results for the legendary tech titan.

Intel didn't comment on the impact, if any, in Washington County. Intel to spend $36B on Hillsboro expansion Intel to spend $36B on Hillsboro expansion Intel competitor lands $12B in CHIPS Act ...