Tech giant Intel to lay off hundreds more
FOLSOM, Calif. — Intel Corp. plans to lay off over 300 employees across its Folsom and San José offices by next month.
Intel employed 4,300 people in Folsom at the end of 2023, after a series of layoffs in 2023 reduced staffing there by 784 people in the calendar year. Intel has been reducing staff and costs ...
In a mid-September update, Gelsinger indicated that Intel had already reduced more than half of the targeted positions ...
Intel disclosed on Tuesday that mass layoffs will impact 2,000 jobs at locations in Oregon, Arizona and California.