Intel Layoffs 2025 Folsom

Intel Layoffs 2025 Folsom. Intel Layoffs 2024 Folsom Davine Meridel In 2023, Intel laid off around 750 employees from their Folsom campus including 230 around Dec The Folsom layoffs are part of Intel's broader effort to trim costs by $10 billion in 2025

Layoffs 20242025 Will the Job Cuts Continue? YouTube
Layoffs 20242025 Will the Job Cuts Continue? YouTube from www.youtube.com

The full impact of Intel's layoffs on Folsom remains to be seen, but should it be significant, the community is prepared to adapt through challenging times, according to. The Folsom layoffs are part of Intel's broader effort to trim costs by $10 billion in 2025

Layoffs 20242025 Will the Job Cuts Continue? YouTube

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. The upcoming layoffs are part of a series of job cuts that have hit the Folsom location over the past three years. In November, the company announced it would sell its Folsom real estate and lease back a portion of the space, signaling further downsizing

Intel Implements Additional Layoffs in Folsom YouTube. According to a report from ijiwei, citing CTech, Intel continues to reduce its workforce as part of the extensive cost-cutting measures it introduced in 2024, with no clear indication of when the layoffs will conclude. In 2023, Intel laid off around 750 employees from their Folsom campus including 230 around Dec

Intel Implements Additional Layoffs in Folsom YouTube. This is the second round of layoffs made at the Folsom campus within the last year The report states that Intel recently disclosed plans to eliminate an additional 58 positions at its Folsom, California, campus by the end of March.