Here’s a recap of the latest news about Intel’s layoffs, including the bombshell numbers for Oregon that came out Friday night. New CEO Lip-Bu Tan is streamlining Intel’s operations and reducing spending in response to a sharp downturn in sales and technological setbacks that rendered Intel an also-ran in an industry it helped invent. Intel had been firing workers all …
Read More »Amid Intel’s ongoing financial difficulties and multiple rounds of layoffs some Linux engineers at Intel left last year and there’s been at least one prominent departure this week amid the latest round of challenges at the company. Kirill Shutemov has left Intel. After 14 years working at Intel on various areas of the Linux kernel, he’s leaving the company. Most …
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PORTLAND, Ore. (KATU) — In a revised letter to state and local officials on Thursday, tech giant Intel Corporation said it will be laying off 2,392 employees in Oregon. On Monday, Intel said it had planned to lay off 529 employees. In its revised WARN letter the company said the lay offs will begin Tuesday, July 15 and “are expected …
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Intel increases Oregon layoffs by nearly 4 times as much KGW Intel now to lay off nearly 2,400 employees in Oregon KATU Intel bombshell: Chipmaker will lay off 2,400 Oregon workers OregonLive.com Intel ramps up layoff plans, nearly 2,400 people expected to be impacted KPTV Intel expands layoffs, cutting more than 10% of Oregon workforce Oregon Public Broadcasting – OPB Source link
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Intel’s mass layoffs amped up considerably Friday evening with word that the company plans to lay off nearly 2,400 Oregon workers — nearly five times as many as it had reported earlier in the week. The chipmaker has been firing workers all week as new CEO Lip-Bu Tan seeks to streamline Intel’s operations and reduce spending. He’s responding to a …
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Covering tech news, you sometimes feel like the million-mile-per-hour footrace of Silicon Valley will inevitably result in a Wile E. Coyote-style calamity. There’s a part of me that craves a little more sincerity and willingness for self-reflection. When we actually receive it, the result is a little more cringe-worthy. Intel’s new boss, Lip-Bu Tan, reportedly told staff the company was—effectively—cooked. …
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