Intel’s latest global cuts hit Folsom with 272 more layoffs locally
3 days ago · Despite its size and significance, the Folsom campus has not been immune to Intel’s financial difficulties. Prior to this new round of cuts, over the past year, Intel made 549 job cuts at the Folsom campus, followed by an additional 235 layoffs, bringing the total to 784 for the year. These layoffs are part of a broader trend within the company.
Tech giant Intel to lay off hundreds more from Folsom campus
FOLSOM — Silicon Valley's Intel announced it will begin a new round of layoffs from its Folsom campus in November. Folsom, which is just east of Sacramento, is one of the fastest-growing ...
Intel’s cost-cutting move hits Folsom campus, hundreds of job
The layoffs in Folsom and San Jose will take effect in late November. The company offered voluntary buyouts earlier this year. ... Intel’s profits have slid as the company faces tempered demand ...
Hundreds more Intel employees laid off from Folsom plant - FOX40
3 days ago · (FOX40.COM) — Major tech company Intel is laying off more than 200 employees by November. Intel issued the notice on Oct. 15 to the California Employment Development Department (EDD), that 27…
Intel Corp. to lay off over 300 California employees across Folsom…
3 days ago · The layoffs are planned to take place over a two-week period, starting Friday, Nov. 15. Intel Corporation, the semiconductor company, plans to lay off 319 employees across Folsom and San Jose ...
Mass Layoffs At Intel Impact 2,000 Jobs in California, Oregon And …
4 days ago · In California, 47 laid-off employees were based at a facility in San Jose while the other 272 workers were based at a facility in Folsom, according to Intel’s notices with the state.
Tech giant Intel's sweeping layoffs include hundreds in California
3 days ago · In California, the cuts include 272 workers in Folsom and 47 in San Jose, according to the documents. To the north, the Oregonian reported that 1,300 Intel workers will lose their jobs.
Intel plans to cut 15% of its workforce | abc10.com
Aug 6, 2024 · Intel's CEO announced 15,000 positions would be eliminated by the end of the year to save $10 billion. The layoffs could affect Folsom, California, one of the biggest Intel campuses, but the...
Intel's Folsom campus to cut 89 more jobs, now up to 605
Aug 16, 2023 · FOLSOM, Calif — Intel Corporation plans to lay off nearly 90 employees by the end of August at its Folsom campus. It's the fourth series of mass layoffs at the Folsom campus since Dec....
Intel Plans to Cut Hundreds of Jobs in Folsom, San Jose as Profits …
2 days ago · The layoffs in Folsom and San Jose will take effect in late November. The company offered voluntary buyouts earlier this year. ... Tribune News Service. Intel plans to cut hundreds of jobs at its Folsom campus, as the Santa Clara-based tech giant struggles with declining demand and fierce competition. The company notified the state this week ...