Intel Layoffs 2025 Oregon

Intel Layoffs 2025 Oregon. Layoffs hit Oregon Intel locations Intel's new CEO, Lip-Bu Tan, takes charge on March 18, 2025, replacing interim leaders after a bruising year Intel is due to release its Q3 earnings on October 31

Intel plans fresh round of layoffs, other cost cuts
Intel plans fresh round of layoffs, other cost cuts from www.oregonlive.com

Intel is due to release its Q3 earnings on October 31 It previously forecast third-quarter revenues of $12.5.

Intel plans fresh round of layoffs, other cost cuts

Oregon's factories began shedding jobs early in 2023, though, at a time when manufacturing seemed on solid footing nationally. Oregon's factories began shedding jobs early in 2023, though, at a time when manufacturing seemed on solid footing nationally. Why it matters: The semiconductor industry is a major economic driver for Oregon, and although the state has 1% of the country's population, it had 15% of its semiconductor workforce as of 2022.

Intel Layoffs 2024 Oregon Terri. Intel eliminated 1 in every 8 jobs across its Oregon workforce last year, reducing its local headcount by 3,000 positions as it sought to cut costs after a steep and sustained drop in revenue. 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.

Intel Layoffs April 2024 Fayre Kevina. 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. 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