Hosted on MSN

Intel Foundry layoffs could impact 'more than 10,000' factory workers — one fifth of employees affected by 'enormous cutback'

The first reports about Intel's plans to cut workforce in its manufacturing division starting mid-July emerged last Friday. However, the report lacked specifics, which appear to be quite dramatic as ...
Oregonian

Intel says a fifth of its workforce will be gone by year’s end

Intel put a number to its ongoing layoffs for the first time Thursday, indicating that it’s in the final stages of eliminating more than 15,000 jobs across the company. It’s also dramatically scaling ...