Intel Layoffs 2025 Chandler Az

Intel Layoffs 2025 Chandler Az. Intel’s 20B Arizona Chip Plant Project Poised to Make National Impact In early August, the semiconductor manufacturer announced it would cut more than 15,000 jobs companywide after it had taken a net loss of $1.6 billion for the second quarter of 2024. The chipmaker plans to lay off 384 employees in Arizona, according to a Worker Adjustment.

2023 Tech Layoffs
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A notice for 385 layoffs at the corporation's Chandler facility was posted on Wednesday, as the company announced this summer that 15,000 workers would be laid off around the world By Matthew Holloway | While the Biden-Harris administration is still boasting of the success of the CHIPS and Science Act, the Intel Corp

2023 Tech Layoffs

CHANDLER, Arizona — Intel has announced plans to lay off nearly 400 workers at their Chandler campus announced it will cut 15,000 jobs across the nation, "as part of the broad-based cost savings plan." New reports show that almost four hundred of those job cuts will be at the company's Ocotillo campus in Chandler. Intel has told a state agency a maximum of 385 layoffs will take place in Chandler within the next 60 days

Intel Layoffs 2024 Arizona Freddy Annelise. plans to cut 385 jobs at its Ocotillo campus in Chandler announced it will cut 15,000 jobs across the nation, "as part of the broad-based cost savings plan." New reports show that almost four hundred of those job cuts will be at the company's Ocotillo campus in Chandler.

Arizona Intel workers facing salary cutbacks. The layoffs were expected, as company CEO Pat Gelsinger in August cited the need to cut roughly 15,000 jobs nationwide, following a second-quarter announcement when Intel said it lost $1.6 billion. Construction equipment prepares the site for two new chip factories at Intel Corporation's Ocotillo campus in Chandler, Arizona, in September 2021