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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 is laying off more than four times as many people in Arizona as the company had originally announced last week.
Intel announces nearly 5,000 job cuts across California, Oregon, Arizona, and Texas as part of a major restructuring and cost-cutting effort under new CEO Lip-Bu Tan.
Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful choices to right the ship.
According to the WARN filings, job cuts in California’s Santa Clara and Folsom have doubled, impacting 1,935 employees. In ...
Intel’s job cuts have doubled in California, affecting 1,935 employees across Santa Clara and Folsom. Meanwhile, 2,392 ...
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
Intel Corp. is laying off more than 5,000 employees across four states in the latest round of job cuts from the chipmaker.
A similar wave of layoffs hit the East Valley plant late last year after the struggling chipmaker announced a significant reduction of its workforce worldwide.
Last week, Intel issued a Worker Adjustment & Retraining Notification Act notice for 172 layoffs the corporation was planning ...
The job cuts are taking place in California, Oregon, Arizona and Texas, as leadership looks to reduce layers of teams within ...