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Intel to Lay Off Over 500 Employees in Oregon, Impacting Hillsboro and Aloha Sites
Intel is laying off over 500 employees in Oregon, which will impact Washington County's job market. The cuts affect various positions but no union workers. The layoffs start July 15 and stem from a broader industry adjustment.
"I think is too late for us" to catch up with Nvidia's position in AI, said Lip-Bu Tan. But he said Intel has other opportunities in the field.
PGE confirmed the cuts will impact 330 positions, including 53 full-time employees, 123 contract workers and the elimination of 154 unfilled job openings.
1don MSN
Shares of Intel ( INTC 7.29%) are spiking on Tuesday, up 6.4% as of 1:13 p.m. ET. The move comes as the S&P 500 ( ^GSPC -0.07 ...
Stocktwits on MSN21h
Intel Begins Layoffs In Oregon, Arizona As Part Of Broader Overhaul; Retail Traders Stay Positive As Stock RalliesIntel Corp. (INTC) stock rallied sharply on Tuesday, outperforming its tech peers, as the chipmaker began laying off ...
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
KOIN Portland on MSN2d
Intel begins layoffs to become ‘leaner, faster, more efficient company’Intel has begun layoffs in order to become a “leaner, faster and more efficient” company as part of the new CEO’s vision for ...
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