Tech giant Intel to lay off hundreds more
In August, the tech giant said it planned to reduce its global employee headcount by more than 15% by the end of 2025.
Silicon Valley's Intel announced it will begin a new round of layoffs from its Folsom campus in November.
Intel issued the notice on Oct. 15 to the California Employment Development Department (EDD), that 272 employees from their Folsom campus will be laid off by Nov. 15. In an email to FOX40.com ...
In a mid-September update, Gelsinger indicated that Intel had already reduced more than half of the targeted positions ...