"These are the most difficult decisions we ever make, and we are treating people with care and respect," said an Intel spokesperson, emphasizing the compassionate nature of the layoffs.
The job cuts are described as part of a "broad-based cost savings plan" intended to create a "leaner, simpler and more agile company" to secure Intel's long-term growth.
The layoffs included 1,300 workers at Intel's Hillsboro offices, reflecting significant impacts on this key R&D hub for the company's next-generation semiconductor technologies.
Intel's reductions are projected to cut 15 percent of its global workforce and include potential further declines from staff buyouts and early retirements, signaling extensive downsizing.
Collection
[
|
...
]