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- Intel will lay off 15% to 20% of its factory workers, memo says
Intel notified its factory workers this weekend that it intends to begin laying off 15% to 20% of its factory workers next month, an enormous cutback to one of the chipmaker’s core businesses
- Intel plans to cut up to 20% of its manufacturing workforce . . .
Intel is planning to lay off a fifth of its factory workers globally Citing an internal memo from Intel manufacturing VP, Naga Chandrasekaran, The Oregonian reported that the company is looking to reduce its headcount by between 15 and 20 percent, with the majority of cuts set to take place in July
- Intel Factory Job Cuts to Begin in July, with Thousands of . . .
In the latest round of its cost-cutting efforts, Intel is planning to lay off up to a fifth of its factory workers, which is a very significant number Intel’s job reductions for July will affect between 15% to 20% of its workers and will extend through the month
- Intel to lay off 15–20% of factory workers starting this July
Big news from Intel: the tech giant is planning to lay off 15% to 20% of its factory workforce starting mid-July 2025 This comes from an internal memo recently shared with OregonLive The first round of cuts is expected to wrap up by the end of July—though the company hinted that more layoffs might follow depending on how things go
- Intel memo says factory layoffs will begin in July . . .
The memo doesn’t say how many factory jobs Intel plans to cut, or in what areas Workers in other parts of the organization, who asked not to be identified speaking about their employer, said
- Intel Layoff Plans Include Up To 20 Percent Of Factory . . . - CRN
Intel reportedly told employees that it plans to lay off 15 percent to 20 percent of workers from its chip manufacturing division, with job cuts expected in other divisions
- [News] Intel’s Rumored July Layoffs May Slash 15-20% of . . .
According to the report, in the memo, Intel VP Naga Chandrasekaran cited financial strain as the reason for the move, calling it a “tough but necessary” step Most of the 15–20% cuts are set to roll out next month, the report adds After new CEO Lip-Bu Tan took the helm in April, he hinted at layoffs as part of broader restructuring
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