Overview
- A state filing shows 669 layoffs on Thursday, Nov. 14, adding to earlier cuts across Intel's Oregon operations.
- Most affected roles are at factories in Hillsboro and Aloha, with more than 300 positions identified as factory technicians.
- The latest notice lifts this year's local job reductions beyond 3,000, following about 2,400 Washington County cuts in July.
- Intel's manufacturing setbacks have left its chips off the leading edge for performance and efficiency, according to the reporting.
- The company forecasts roughly $52 billion in 2025 revenue, down from $79 billion in 2021, reflecting the pressure behind the restructuring.