Intel Will Lay Off 15% to 20% of Its Factory Workers, Memo Says

Struggling chip company to lay off thousands of factory workers

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.

Intel Set to Lay Off Up to 20% of Its Factory Workforce

Up to 11,000 factory workers could lose their jobs as Intel tries to address its financial troubles.

Intel layoffs to hit up to 20% of factory workers: report

Intel called the layoffs an effort to begin "removing organizational complexity"

Intel to lay off up to 20% of Intel Foundry workers

Rumors of these layoffs began back in April as Intel looks to refocus on its core business units and shed additional bloat.

Intel reportedly laying off fab staff as tax relief looms

: Layoffs loom at Foundry biz despite CHIPS Act relief on the horizon

Report: Intel to Lay Off 20% of Factory Workers in Massive Cutback

Intel reportedly plans to lay off up to twenty percect of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker's core businesses.