Similar Stories to Report: Intel Layoffs To Come Monday, Unclear Where on Bing News

Intel Corp., Oregon’s largest private employer, is expected to begin laying off an unspecified number of employees on Monday, according to documents obtained by the Oregonian. The company has been fighting slumping PC sales by diversifying its products with a focus on wearables, connected devices and the data center. Earlier this month the company made its boldest move in this direction when it acquired specialty chip maker Altera for nearly $17 billion. However, all of these efforts come against…

Topics:  corp   oregon s   oregonian   pc   altera   intel   monday   company   
BING NEWS:
  • Intel shed 3,000 Oregon jobs last year through layoffs, buyouts and attrition
    Intel eliminated 1 in every 8 jobs across its Oregon workforce last year, reducing its local headcount by 3,000 positions as it sought to cut costs after a steep and sustained drop in revenue.
    01/15/2025 - 4:35 am | View Link
  • What's Going On With Intel Stock Monday?
    Intel has unveiled a new suite of Intel Core Ultra (Series 2) processors aimed at revolutionizing mobile computing for businesses, creators and enthusiast gamers. Intel's latest processors come packed ...
    01/6/2025 - 7:55 am | View Link
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