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Mass Layoffs at Intel Will Mean Less Revenue for Oregon, Even as the Semiconductor Industry Remains a Major Economic Driver

UNITED STATES, JUL 17 – Intel aims to save nearly $1.5 billion by cutting 5,000 mostly non-core US jobs amid falling market share and fierce competition in AI and chip production, CEO said.

  • On July 11, Intel Corp. initiated over 5,000 layoffs across California, Oregon, Texas, and Arizona during its restructuring efforts.
  • Amid rising competition, Intel cited recent layoffs and a plan to cut roughly 15,000 jobs last year, attributing the restructuring to declining market share and the need to reduce costs.
  • According to WARN notices, Intel filed reveals nearly 2,000 layoffs at Folsom and Santa Clara, about 2,500 in Hillsboro and Aloha, with 31 engineers affected.
  • In public statements, Intel said it will continue operations in Oregon, while a current employee told The Register that `everyone's looking over their shoulders.`
  • Projections show analysts warn that without swift product wins, further austerity may follow, and Intel’s foundry division plans to eliminate 15-20% of its factory workforce globally.
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folsomtimes.com broke the news in on Wednesday, July 16, 2025.
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