Intel spinoff Altera faces lay offs — 82 staff let go after Intel sold majority stake for $4.46 billion earlier this year

Intel spinoff Altera faces lay offs — 82 staff let go after Intel sold majority stake for $4.46 billion earlier this year

FPGA developer Altera will cut 82 San Jose jobs in October 2025 as part of a strategic shift following its sale by Intel and a strategic realignment under new leadership.