Memo: Intel's manufacturing VP said Intel plans to cut 15%-20% of staff, starting in July, "to meet our affordability challenges and current financial position" (Mike Rogoway/Oregonian)

Mike Rogoway / Oregonian: Memo: Intel's manufacturing VP said Intel plans to cut 15%-20% of staff, starting in July, “to meet our affordability challenges and current financial position”  —  Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker's core businesses.

Jun 16, 2025 - 22:00
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Memo: Intel's manufacturing VP said Intel plans to cut 15%-20% of staff, starting in July, "to meet our affordability challenges and current financial position" (Mike Rogoway/Oregonian)

Mike Rogoway / Oregonian:
Memo: Intel's manufacturing VP said Intel plans to cut 15%-20% of staff, starting in July, “to meet our affordability challenges and current financial position”  —  Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker's core businesses.

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