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2025-07-09 16:36:51
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2025-12-04 23:43:57
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https://www.oregonlive.com/silicon-forest/2025/07/intel-layoffs-begin-chipmaker-is-cutting-many-thousands-of-jobs.html
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title
Intel layoffs begin: Chipmaker is cutting many thousands of jobs
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The layoffs figure to have a profound effect on Oregon's economy. Intel is the state's largest corporate employer and the semiconductor industry pays an average wage that's $100,000 higher than Oregon's overall average. Mike Rogoway/The OregonianBy Mike Rogoway | The Oregonian/OregonLiveIntel began laying off employees across the company Monday, notifying workers individually about whether they will keep their jobs.New CEO Lip-Bu Tan told workers in April to expect major layoffs in the coming months as the chipmaker slashes costs and overhauls its organization after years of technical setbacks and falling sales. The cuts are sweeping and will affect many thousands of workers in every part of the business, but Intel has declined to specify how many positions it will eliminate or how long the process will take. Many employees learned about the status of their jobs Monday, but others may have to wait weeks for decisions to be finalized. “As we announced earlier this year, we are taking st...
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Mike Rogoway
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