Intel Announces Upcoming Layoffs Starting Mid-July
SOURCENews reportView the filing ↗
What we know
Location: Oregon, USA.
Department affected: automotive business.
Based on news reporting.
Summary
Intel Corporation has announced a new round of layoffs scheduled to begin in mid-July 2023. While specific details regarding the number of employees affected or the departments involved have not been disclosed, the company is taking these steps as part of its ongoing restructuring efforts. This move reflects Intel's response to current market conditions and aims to streamline operations. The exact impact on the workforce remains unclear, but the announcement indicates a significant shift in the company's employment strategy.
Intel Corporation cut 500 jobs in OR affecting its automotive business team.
That is roughly 0.4% of the 124,100 people Intel Corporation employs.
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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Estimated figure based on news reporting. Not yet confirmed by Intel Corporation.
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