Overview

• Intel’s mid-July wave eliminated nearly 4,000 roles across California, Arizona, Texas and Oregon, with Oregon bearing more than half of the cuts
• Oregon’s layoffs of 2,392 positions account for roughly 12% of Intel’s 20,000-strong state workforce, marking one of the largest tech reductions in Oregon history
• A decentralised approach allowed individual departments to determine job reductions, targeting roles from module equipment technicians to process integration development engineers
• Departing employees are eligible for 13 weeks of base pay plus tenure-based bonuses and up to a year of healthcare coverage
• CEO Lip-Bu Tan has acknowledged Intel lagged in AI training chips and is directing savings toward strategic investments in adjacent AI segments and edge computing