Intel Confirms Mass Layoffs
Digest more
Intel, the Bay Area tech giant whose failure to innovate alongside other major chipmakers has turned it into a laggard of the artificial intelligence era, is more than doubling its planned layoffs in California.
Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are reported to have hit Intel sites across California, Oregon, Texas and Arizona. As bad as these losses are,
Intel has filed documents revealing that the company plans to lay off as many as 5,000 workers in an effort to make the company faster and leaner.
SANTA CLARA — Intel has revealed plans to chop hundreds of jobs in Northern California, an ominous new sign of widespread layoffs in the increasingly wobbly Silicon Valley tech industry ...