Memo: Intel's manufacturing VP says 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 says 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 - 11:40
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Memo: Intel's manufacturing VP says 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 says 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.