Tech Firm Cuts Its San Jose Headcount as Intel Sells Majority Stake of the Company

Altera chops jobs in San Jose as pace of Bay Area tech worker losses eases

SAN JOSE — Altera will cut 82 jobs in north San Jose, according to an official notice the tech company filed with the state Employment Development Department. The chipmaker stated the reductions would all occur around Oct. 8 at its headquarters at 101 Innovation Dr. “Permanent employment losses for certain employees” will occur, Shiva Allen, an Altera vice president, wrote in the WARN letter the company sent to the state EDD. Altera employees ar…

Altera, semiconductor company owned by Intel, announces layoffs

(KRON) -- In the latest sign of ongoing struggles Intel, one of the semiconductor giant's spinoff companies has announced dozens of Bay Area layoffs. Altera Corporation, a programmable logic devices (PLD) company that was acquired by Intel in 2015, will be cutting 82 jobs, according to state filings. The layoff at Altera Corporation's headquarters at Innovation Drive in San Jose are permanent, according to a filing at the Employment Development …

Tech firm cuts its San Jose headcount as Intel sells majority stake of the company

Linux at risk – recent Intel layoffs threaten key projects, experts warn

Intel layoffs have left multiple Linux drivers without maintainers, raising concerns about future compatibility and performance.