Intel Layoffs 2025 Oregon. Intel plans fresh round of layoffs, other cost cuts Intel's new CEO, Lip-Bu Tan, takes charge on March 18, 2025, replacing interim leaders after a bruising year Hillsboro-based chip maker Intel will lay off around 15,000 people, including 3,000 in Oregon, as it struggles to rebound following several difficult years
Layoffs 20242025 Will the Job Cuts Continue? YouTube from www.youtube.com
Intel is due to release its Q3 earnings on October 31 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
Layoffs 20242025 Will the Job Cuts Continue? YouTube
Hillsboro-based chip maker Intel will lay off around 15,000 people, including 3,000 in Oregon, as it struggles to rebound following several difficult years In August 2024, Intel unveiled its restructuring strategy, targeting a 15% reduction in its global workforce In addition to massive layoffs, Intel has also announced sweeping cuts to capital expenditures, research and development, and won't pay a dividend in Q4
Intel plans thousands of layoffs to cut costs YouTube. 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. In August 2024, Intel unveiled its restructuring strategy, targeting a 15% reduction in its global workforce
Intel Announces Layoffs of 140 CaliforniaBased Employees by Prashant Savita Medium. 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. workers this week with job cuts at the chipmaker's offices in Texas, California and Arizona, in addition to the 1,300 Oregon layoffs the chipmaker.