Intel Cuts 58 Employees in Folsom Amid Cost Savings
SOURCENews reportView the filing ↗
What we know
Location: Folsom, California, USA.
Based on news reporting.
Summary
Intel Corporation has announced the layoff of 58 employees at its Folsom facility as part of ongoing cost-saving measures. This decision is part of a broader effort that affects over 1,000 jobs across the company. The layoffs are a response to the company's need to streamline operations and reduce expenses amid challenging market conditions. The affected employees are expected to be notified shortly, with the layoffs taking effect immediately. This move reflects Intel's ongoing adjustments to its workforce in light of economic pressures and operational efficiency goals.
Intel Corporation cut 58 jobs in CA as of February 4, 2025.
LayoffTalk has tracked 86 layoff events at Intel Corporation since January 2023, including 3,405 jobs documented in official WARN filings, with 62 additional events known from news reporting.
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