/newsfirstprime/media/post_attachments/wp-content/uploads/2024/03/Job-Layoffs.jpg)
Intel is laying off more than 5,000 employees across the United States this week, marking a significant increase from the nearly 4,000 job cuts initially estimated. The updated numbers have emerged through revised filings under the Worker Adjustment and Retraining Notification (WARN) Act, indicating the scale of the company's ongoing restructuring drive.
Also Read: Microsoft’s AI push hits harder: 9,000 more jobs axed in latest layoff wave
Oregon and California are the most affected. In Oregon, where Intel is the state’s largest private employer, layoffs have surged to 2,392 — four times the previous estimate. In California, the company has doubled its projected job losses to 1,935. Arizona is also seeing increased cuts, with 696 positions eliminated. These bring the total confirmed layoffs across the four states to over 5,000.
The job cuts are part of a broader push under new CEO Lip-Bu Tan to streamline Intel’s operations and reduce organisational complexity, following years of competitive setbacks in the semiconductor market. The company says the changes are aimed at improving efficiency and better serving customers.
In Oregon, the layoffs represent about 12% of Intel’s local workforce. Affected roles include chip designers, cloud software engineers, manufacturing staff, and senior leadership. Intel’s internal foundry division is reportedly among the hardest hit, with up to 20% of staff facing job loss.
The data was reported by Manufacturing Dive and The Oregonian.