Similar Stories to Intel Plans To Sell, Lease Back Its Sprawling Folsom Campus on Bing News

The move could free up money the company has tied up in real estate as it navigates a difficult time for chip sales.

BING NEWS:
  • Intel to sell Folsom campus and lease back only space it needs, company says
    Intel’s CEO said it would deliver $10 billion in cost savings by 2025. Plans to sell the Folsom site come after 272 employees were notified of layoffs last month.
    11/25/2024 - 8:05 am | View Link
  • Intel plans to sell Folsom campus a week after laying off hundreds more employees
    A week after laying off several hundred more employees in the Sacramento region, global technologies company Intel announced they would sell their Folsom campus. Intel says the sale is part of a ...
    11/25/2024 - 5:04 am | View Link
  • Intel plans sale and leaseback of its 150-acre Folsom, California campus — releasing capital but maintaining operations and staff
    The company is set to sell its 150-acre Folsom, California campus, but keep the site operational. Intel plans to keep its Folsom site near Sacramento operational as the facility c ...
    11/24/2024 - 11:27 pm | View Link
  • Intel to sell research and development campus in Folsom
    Silicon Valley-based technology company Intel plans to sell its Sacramento-area campus in a cost-cutting effort, the company confirmed to KCRA 3. A company spokesperson said Intel plans to list its ...
    11/24/2024 - 5:22 pm | View Link
  • Intel announces plans to sell, lease its Folsom site
    Chipmaker Intel Corp. announced plans to sell and lease back its Folsom site nearly a month after the technology giant said it would be laying off nearly 300 employees​ at the site in November.
    11/24/2024 - 12:14 pm | View Link
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