Intel cuts even more workers to help comply with 20% of the labor force goal




  • Intel is saying another 5,000 workers after more than 20,000 already stayed earlier this year
  • Non -basic roles in California and Oregon are at greater risk
  • The decrease in market domain is largely the fault

Intel plans to fire another 5,000 workers, mainly in California and Oregon, as part of their broader effort to reduce staff by approximately 20%, reduce costs and improve profitability.

The company has already made a series of layoffs that affect around 20,000 workers only this year, with the new Intel CEO, Lip-Bu Tan, citing the domain of the company X86 decreasing of the company, its weak presence in the GPU market and a disappointing performance of its foundry services.

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