Intel’s pending layoffs will hit multiple business groups, Oregon workers – OregonLive

Planned layoffs at Intel will extend into the company’s software group and other business units, according to sources inside the company, likely numbering at least several hundred and adding significantly to earlier reports on the pending cuts.The cutbacks figure to be Intel’s biggest job reductions since 2016, when the company eliminated 15,000 jobs through layoffs,…

Intel’s pending layoffs will hit multiple business groups, Oregon workers – OregonLive

Planned layoffs at Intel will extend into the company’s software group and other business units, according to sources inside the company, likely numbering at least several hundred and adding significantly to earlier reports on the pending cuts.The cutbacks figure to be Intel’s biggest job reductions since 2016, when the company eliminated 15,000 jobs through layoffs, buyouts and early retirements. The cuts now pending won’t be nearly that large, according to sources inside the company who asked not to be named talking about their employer.Still, those sources say the total layoffs will be well into the hundreds and impact the chipmaker’s Oregon sites and its other locations around the world.Intel declined comment. The company reports quarterly financial results Thursday and sources expect layoff notifications to begin sometime after that, likely accompanied by a public acknowledgement of job cuts.The Oregonian/OregonLive and tech news sites reported on pending layoffs last week in Intel’s data center group.Sources in other Intel businesses say the company also plans broader cuts, and they say software in particular faces a significant reduction. The industry news site SemiAccurate reported Monday that its sources
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