Intel jobs cut: Company reportedly reduces work force and shifts towards 'Hybrid-First' mode
Intel reportedly plans layoffs in the US, cutting 89 jobs in Folsom and 51 in San Jose as part of cost reduction efforts.
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Intel reportedly plans layoffs in the US, cutting 89 jobs in Folsom and 51 in San Jose as part of cost reduction efforts.
Chip-maker Intel is laying off at least 140 more employees in the US to reduce costs -- 89 employees at its Folsom R&D campus and 51 in San Jose, California.
Intel: The fresh job cuts have been reported to state employment officials and will take effect at the end of the month, reports Sacramento Inno.
Intel cited the need to accelerate its strategy in a challenging macroeconomic environment while still investing in areas core to its business
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