Intel Layoffs 2025 . Intel looks to lay off staff due to decreased chip demand The WARN Act requires employers to give 60-days' noticebefore a mass layoff, plant closure, or relocation. In November, the company announced it would sell its Folsom real estate and lease back a portion of the space, signaling further downsizing
Intel reports largest quarterly loss in company history Pro Invest News from proinvestnews.com
Intel's last round of layoffs happened in October 2022 The semiconductor giant says it must slash 15% of its workforce after disappointing earnings
Intel reports largest quarterly loss in company history Pro Invest News Intel's latest news of the layoffs became public in a the form of a newly filed WARN report with the California Employment Development Department CEO Pat Gelsinger addressed employees directly, acknowledging the company's need to adjust its cost structure and improve margins in response to market pressures Companies Large and Small Announce Layoffs in March
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