Tech
Intel to lay off more than 5,500 employees in US in latest round of job cuts
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Chipmaker Intel will fire more than 5,500 employees across various states in the United States, according to filings by the company. Earlier estimates had put the number of employees set to be axed at around 4,000.
According to Worker Adjustment and Retraining Notification (WARN) filings—declarations companies have to file in certain US states before mass layoffs—Intel workforce in California and Oregon will be the worst hit in the upcoming round of layoffs. The company has doubled its layoff estimates in California to 1,935 employees. In Oregon,…
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