Tech
Intel jobs cuts begin: 20% workforce cut, key units shut, and roles outsourced; Check company’s layoff policy
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Intel Corporation has begun a sweeping round of job cuts under CEO Lip-Bu Tan, starting with 107 employees in California, according to a notice filed under the state’s Worker Adjustment and Retraining Notification (WARN) Act. The layoffs, scheduled to begin on 15 July, are the first public step in what Tan calls a broader strategy to “become a leaner, faster and more efficient company.”
The Santa Clara-based employees affected include a mix of engineers and senior managers across CPU and GPU development teams. These initial layoffs are part of a…
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