Intel Plans Massive 20,000+ Job Cuts Amid Restructuring Efforts
• 1 min read
Intel prepares to slash over 20% of its global workforce, affecting more than 20,000 positions, as new CEO Lip-Bu Tan aims to streamline operations. The cuts could significantly impact Oregon, Intel's largest hub, while the company struggles to regain industry leadership and compete in the AI chip market.
Intel Slashes 1,300 Jobs in Oregon as Part of Global Workforce Reduction
• 1 min read
Intel announces significant layoffs at its Gordon Moore Park facility in Oregon, cutting 1,300 jobs as part of a larger plan to reduce its global workforce by 15,000. The tech giant faces financial challenges and seeks to regain its competitive edge in the AI and chip manufacturing landscape.