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Folsom's Intel campus to see more layoffs
Intel cutting 272 jobs in Folsom
Intel is reeling from losses due to a steep decline in chip sales concurrent with growing competition from rival manufacturers in the semiconductor industry.
Intel’s cost-cutting move hits Folsom campus, hundreds of job cuts expected
In August, the tech giant said it planned to reduce its global employee headcount by more than 15% by the end of 2025.
Tech giant Intel to lay off hundreds more from Folsom campus
Silicon Valley's Intel announced it will begin a new round of layoffs from its Folsom campus in November. Folsom, which is just east of Sacramento, is one of the fastest-growing California cities, and tech jobs are a big reason for it.
Folsom's Intel campus to see more layoffs in November
Multiple teams at Meta were hit by layoffs on Wednesday, the company confirmed in a statement to TechCrunch, noting these changes were made to reallocate resources within the company. The layoffs appear to have hit employees working on Threads,
Intel announces mass layoffs
Mass Layoffs At Intel Impact 2,000 Jobs in California, Oregon And Arizona
Intel disclosed on Tuesday that mass layoffs will impact 2,000 jobs at locations in Oregon, Arizona and California.
Intel will lay off 700 in Arizona and California, on top of 1,300 Oregon layoffs
Intel plans to lay off 385 workers at its sites in Arizona and another 319 in its California offices, in addition to the 1,300 Oregon layoffs the chipmaker announced Tuesday.
Intel announces Allentown layoffs
Chipmaker Intel Corporation has filed a WARN notice with the Pennsylvania Department of Labor & Industry that it intends to lay off 56 workers at its Allentown location on American Parkway.
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22h
Intel’s (NASDAQ:INTC) Latest Layoffs Kick Off
The dark day that chip stock Intel ($INTC) employees have dreaded has arrived, and over 2,000 layoffs have already begun.
11h
Intel faces mounting pressure, lays off 2000 people as part of a broader restructuring plan
Intel’s latest layoff affects 1,300 employees in Oregon, 385 in Arizona, and 319 in California, with an additional 251 job ...
abp LIVE
23h
Intel Layoffs: Chipmaker Fires About 2,000 Employees In This Area; Check Details Here
In a mid-September update, Gelsinger indicated that Intel had already reduced more than half of the targeted positions ...
newsbytesapp.com
17h
Intel lays off over 2,000 employees in the US
California-based global chip giant Intel has announced plans to lay off over 2,000 employees across multiple US states. The ...
1d
Bay Area tech giant Intel's sweeping layoffs include hundreds in California
Intel, the Bay Area chipmaker, is cutting 319 jobs in Northern California as part of its massive 15,000-worker slash. The ...
Hoodline
1d
Intel to Eliminate Nearly 400 Jobs in Chandler as Part of Global Downsizing Amid Financial Losses
Intel plans to cut nearly 400 jobs at its Chandler, Arizona campus as part of a larger global reduction strategy.
The Tokenist
2d
Intel Struggles with 37% One Year Stock Decline Amid Layoffs and Scrutiny
Intel faces major restructuring amid layoffs and potential acquisition talks, as its stock continues to underperform the ...
2d
Daily Digest: Layoffs pepper Bay Area; Amazon goes nuclear
Intel layoffs, Red Lobster closure, Amazon going nuclear, Musk sues California and Lightmatter raises $400 million.
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