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Intel Is Planning to Lay Off Up to 10,000 Factory Workers

New York Post on MSN · 7h

Intel set to lay off around 10,000 workers — despite getting $2.2B in CHIPS Act funds under Biden

Struggling chip giant Intel is reportedly preparing to slash up to 20% of its global workforce next month — despite the company receiving more than $2 billion in federal funding under former President Biden’s signature CHIPS Act.

TechCrunch on MSN · 1d

Intel to lay off up to 20% of Intel Foundry workers

Rumors of these layoffs began back in April as Intel looks to refocus on its core business units and shed additional bloat.

OregonLive.com on MSN · 2d

Intel will lay off 15% to 20% of its factory workers, memo says

Next month’s layoffs will take place at Intel sites around the world but could have an especially big effect in Oregon.

8h

Is INTC Stock a Buy Now as Intel Prepares for Another Round of Mass Layoffs?

Intel is considering firing between 15% and 20% of its foundry workers. While the move would help lower costs, the company ...

7hon MSN

Intel to layoff 10,000+ employees, and why none of them will be getting any severance

Intel is planning significant job cuts in its foundry division. The layoffs will affect thousands of employees globally. This ...

TechCentral.ie13h

Intel braces for mass layoffs due to financial pressure in chip production

Intel’s chip makers fear significant job losses as the company struggles with financial pressures. A leaked memo from Intel ...

KOIN Portland on MSN19h

Bonamici talks ICE, Intel layoffs at Hillsboro town hall

"Law & Order: SVU" star Mariska Hargitay is making her feature film directorial debut with “My Mom Jayne,” a documentary ...

1don MSN

Intel reportedly chips away at fab workforce – but hey, maybe there's a tax break coming

Intel was one of the largest beneficiaries of CHIPS Act funding, winning a total award of $7.86 billion toward the end of ...

1don MSN

Intel manufacturing VP Naga Chandrasekaran 'layoff note' to employees: These are difficult actions but ...

Intel is reportedly implementing layoffs affecting 15% to 20% of its manufacturing workforce, as confirmed in an internal ...

3d

Intel to begin major factory layoffs in July under new CEO Lip-Bu Tan

Intel is set to begin a new round of layoffs at its manufacturing facilities starting mid-July, the first under new CEO ...

5d

Intel to lay off fab workers in mid-July — company aims to refocus on more engineering talent

Intel will begin layoffs at its Intel Foundry division in mid-July as part of a new restructuring effort to cut costs while ...

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