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Intel begins trimming global workforce with job cuts in Oregon, US

  • Intel has started implementing job cuts in Oregon as part of its global workforce reduction plan announced last month.
  • The company aims to restructure operations by laying off 15 to 20 percent of its foundry workers globally, affecting over 10,000 employees.
  • The job cuts have already commenced at Intel's facilities in Aloha and Hillsboro, with over 500 permanent roles expected to be eliminated in Oregon.
  • The CEO, Lip-Bu Tan, is focusing on simplifying processes and direct reporting to improve organizational efficiency amidst industry challenges.

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