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 17, 2025 - 09:00
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.