News > Intel begins layoffs, offers unpaid leave to factory workers globally

Intel begins layoffs, offers unpaid leave to factory workers globally

10/12/2022 10:19 AM | Click to read full article

Chip-maker Intel has begun layoffs and is also offering thousands of manufacturing employees globally three months of unpaid leave as it aims to weather the poor sales amid global macroeconomic conditions. The company started its expected layoffs in California with at least 201 employees as “part of a broader cost-cutting effort”, reports CRN. Intel is Oregon’s largest corporate employer, with 22,000 people assigned to its manufacturing, research and administrative campuses in Washington County.

-