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Intel Cuts Over 500 Jobs in Oregon as Part of Layoff Plan
Wednesday July 9, 2025. 12:20 AM , from Slashdot
![]() Under new Chief Executive Officer Lip-Bu Tan, Intel embarked on a plan in April to slash jobs and reduce operating expenses. The company hasn't given a total figure for the cuts, but a person familiar with the matter has put the amount at more than a fifth of staff. In a statement, Intel said it was making the Oregon cuts to become 'a leaner, faster and more efficient company.' 'Removing organizational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution,' the company said. 'We are making these decisions based on careful consideration of what's needed to position our business for the future, and we will treat people with care and respect as we complete this important work.' Read more of this story at Slashdot.
https://slashdot.org/story/25/07/08/2211200/intel-cuts-over-500-jobs-in-oregon-as-part-of-layoff-pla...
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