Location: Oregon, USA.
Based on news reporting.
Intel Corporation has expanded its layoffs, cutting more than 10% of its workforce in Oregon, which translates to approximately 1,000 employees. This decision comes as part of the company's ongoing efforts to streamline operations and reduce costs amid challenging market conditions. The layoffs are part of a broader trend affecting the tech industry, but Intel's specific actions highlight its need to adapt to current economic pressures. The company has not specified if further reductions are planned, but this significant cut reflects its strategic shift in response to market demands.
Intel Corporation cut 1,000 jobs as of October 1, 2023.
That is roughly 0.8% of the 124,100 people Intel Corporation employs.
LayoffTalk has tracked 94 layoff events at Intel Corporation since October 2023, affecting a combined 91,466 employees.
Anonymous by default. Be kind — people reading this may be going through it right now.
Intel Corporation cut 1,000 jobs on October 1, 2023. What did this look like from the inside — which teams, how much notice, what severance was offered? You can post anonymously below.
Share your story anonymously — it helps others reading this feel less alone.
Share your story →Recent tracked events at this company.