Intel Layoffs 2025 Folsom

Intel Layoffs 2025 Folsom. Dell Technologies Layoffs 2024 Lexi Colette Intel, which once had a global workforce significantly exceeding 100,000 employees, reported 108,900 workers at. Once employing over 6,000 people in 2018, the site now reportedly has fewer than 4,000 workers

FOLSOM — Silicon Valley's Intel announced it will begin a new round of layoffs from its Folsom campus in November. In 2023, Intel laid off around 750 employees from their Folsom campus including 230 around Dec

Intel Plans to Cut Hundreds of Jobs in Folsom, San Jose as Profits Slide

Intel also announced plans to slash capital expenses by 17% in 2025 year-on-year, to $21.5 billion, focusing on capital efficiency and more normalized spending levels. The Folsom layoffs are part of Intel's broader effort to trim costs by $10 billion in 2025 FOLSOM — Silicon Valley's Intel announced it will begin a new round of layoffs from its Folsom campus in November.

Intel reports largest quarterly loss in company history Pro Invest News. the City of Folsom is committed to supporting its workforce The full impact of Intel's layoffs on Folsom remains to be seen, but should it be significant, the community is.

Intel’s Latest Global Cuts Hit Folsom With 272 More Layoffs Locally Folsom Times. Once employing over 6,000 people in 2018, the site now reportedly has fewer than 4,000 workers The company cut nearly 790 jobs at the Folsom site over the course of 2023, and in August announced a global plan to cut costs by $10 billion in 2025, in part by trimming more than 15% of its.