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Intel shed 3,000 Oregon jobs last year through layoffs, buyouts and attrition

  • Intel plans to spin off Intel Capital into an independent firm, marking a significant structural change for the company.
  • The separation aims to provide Intel Capital with access to new sources of capital while maintaining a partnership with Intel.
  • Intel is coming off its worst year on the stock market since 1971 due to missteps and market share losses.
  • Standalone operations for Intel Capital are expected to begin in the second half of 2025 under a new name.
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Bias Distribution

  • 73% of the sources are Center
73% Center
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