Intel Confirms Mass Layoffs
Digest more
Intel is laying off hundreds of employees in various roles at its Folsom campus, according to a notice filed with the state of California.
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.
Updated: Our sources tell us mostly back office staff were let go, and that the mood in the office is very pessimistic
Intel’s position in the industry has slumped badly. Nevertheless, the company is hugely important to Oregon as one of its largest private employers.
Feedback