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Intel eyes hundreds more Bay Area job cuts as tech layoffs worsen
Intel has decided to slash well over 700 Bay Area jobs in July as the longtime chipmaker embarks on a restructuring it hopes will create a more nimble company. The tech company filed a new WARN letter with the state’s labor agency that sketches out plans for 736 job cuts in Santa Clara at several locations at or near the company’s headquarters.
Major chipmaker Intel is undergoing another round of layoffs, which are expected to affect nearly 700 workers at its Chandler ...
The layoffs come after the company announced plans to reduce its workforce in an attempt to save $10 billion in 2025.
Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful ...
Intel's chip production is not spared layoffs either. Almost 3800 employees have to leave their jobs this week.
Last week, Intel issued a Worker Adjustment & Retraining Notification Act notice for 172 layoffs the corporation was planning ...
Once the premier maker of semiconductors and a stalwart of Oregon's "Silicon Forest," Intel is struggling. A breakup is even possible.
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
The job cuts are taking place in California, Oregon, Arizona and Texas, as leadership looks to reduce layers of teams within ...
Intel plans 560 job cuts at two Chandler facilities The layoffs are part of 12,000 cuts worldwide announced last week Individual workers in Chandler will be notified by Friday Intel Corp.
More than 500 local Intel workers will get their pink slips this week, giving them a month to figure out what to do next. Workers found out that 248 employees from its Dobson Road location and 312 ...
Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are ...
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