Search
Intel Initiates Oregon Layoffs, Escalating Its Reduction Plan
1 week ago /
Read about 0 minute
Author：小编
As part of its broader restructuring strategy, Intel announced plans to terminate 529 positions at its Aloha and Hillsboro facilities in Oregon, effective July 15th. This move is anticipated to impact over one-fifth of the company's global workforce. Previously, Intel had already laid off 107 employees from its headquarters in Santa Clara, California. The layoffs are a response to the company's financial challenges, with Intel reporting a cumulative loss of $1.6 billion. Notably, despite these reductions, Intel's stock price momentarily surged by as much as 6.9%.
-
C114 Communication Network -
Communication Home
7 X 24 Track global technological trends
