Location: Chandler, Arizona, USA.
Based on news reporting.
Intel Corporation is set to lay off nearly 700 workers at its Chandler plant, as part of a broader effort to streamline operations amid ongoing challenges in the semiconductor industry. The layoffs are expected to take effect shortly, impacting a significant portion of the workforce at this facility. This decision comes as Intel continues to navigate a competitive market and aims to improve its financial performance. The company has not specified the exact date for the layoffs but has indicated that they will occur soon. The layoffs reflect the ongoing adjustments within the tech sector as companies respond to changing market conditions.
Intel Corporation cut 700 jobs as of October 1, 2023.
That is roughly 0.6% 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.
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