Intel reduces even more workers to help achieve a 20% labor reduction target


  • Intel dismisses 5,000 other workers after more than 20,000+ have already left earlier this year
  • Non -essential roles in California and Oregon are most at risk
  • The decline in market domination is largely to blame

Intel plans to dismiss 5,000 other workers, mainly in California and Oregon, as part of its wider efforts to reduce the workforce by around 20%, reducing costs and improving profitability.

The company has already made a series of layoffs affecting approximately 20,000 workers this year this year, with the new CEO of Intel, LIP-BU Tan, citing the decline in the company’s X86 market domination, its low presence on the GPU market and the disappointing performance of its foundry services.

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