Intel Layoffs 2025 Oregon. Intel plans fresh round of layoffs, other cost cuts In addition to the 1,300 layoffs revealed in Oregon, Intel last week filed notices of 227 cuts in Folsom, California, 47 in Silicon Valley, 385 in Arizona and 251 in Austin, Texas. It previously forecast third-quarter revenues of $12.5.
Thousands of Intel Layoffs Hit 3 Western States from www.channelfutures.com
It previously forecast third-quarter revenues of $12.5. Intel eliminated 1 in every 8 jobs across its Oregon workforce last year, reducing its local headcount by 3,000 positions as it sought to cut costs after a steep and sustained drop in revenue.
Thousands of Intel Layoffs Hit 3 Western States
Following a series of setbacks — manufacturing layoffs, disappointing sales and missed opportunities for federal investment — Oregon's semiconductor industry finds itself in a period of uncertainty Combined, Intel expects these measures to save it more than $10 billion in 2025 In addition to the 1,300 layoffs revealed in Oregon, Intel last week filed notices of 227 cuts in Folsom, California, 47 in Silicon Valley, 385 in Arizona and 251 in Austin, Texas.
Intel Announces Layoffs of 140 CaliforniaBased Employees by Prashant Savita Medium. Oregon's factories began shedding jobs early in 2023, though, at a time when manufacturing seemed on solid footing nationally. Intel's new CEO, Lip-Bu Tan, takes charge on March 18, 2025, replacing interim leaders after a bruising year
Intel layoffs will hit 15 of total workforce. Known for turning Cadence into a tech powerhouse, Tan's transition as Intel CEO promises deep layoffs, beyond the 15,000 cuts of 2024, a cultural overhaul to reclaim agility, and a fierce push against rivals like Nvidia.With Intel stock rising 11% on the news, the semiconductor. It previously forecast third-quarter revenues of $12.5.