Intel said on Tuesday that 1,300 Intel employees spread across four offices in Oregon will soon be laid off. Intel officials informed Oregon of the impending layoffs via a WARN announcement. Notices of layoffs will be issued on November 15.
"As part of the broad cost savings we announced in August, we are making the difficult but necessary decision to reduce our headcount," an Intel spokesperson said in an email. "This is the toughest decision we have ever made, and we treat our employees with care and respect. These changes support our strategy to become a leaner, simpler, and more agile company as we position Intel for long-term sustainability."
James Warner, Intel's director of human resources, said in the federally required notice that all laid off employees have been notified or will be notified at least two months before the layoffs.
James Warner wrote: "The first separation is currently scheduled to take place within 14 days starting on November 15, 2024."
Analysts say Intel is generally struggling to regain its position as a technology leader after falling behind in the development of artificial intelligence (AI).
The semiconductor industry is one of Oregon's economic drivers, employing approximately 30,000 people in the state. This industry includes companies that research, develop, design, or manufacture computer chips that are critical to modern technology. (Proofreading/Sun Le)