Intel Plans to Divest Major California Campus, Reviews Oregon Site Future
• 1 min read
Intel Corporation announces plans to sell its 150-acre Santa Clara campus while evaluating options for its 50-acre Hillsboro property. The strategic real estate moves align with the semiconductor giant's ongoing efforts to optimize operations and reduce costs across its global facilities.
Intel Slashes 1,300 Jobs in Oregon as Part of Global Workforce Reduction
• 1 min read
Intel announces significant layoffs at its Gordon Moore Park facility in Oregon, cutting 1,300 jobs as part of a larger plan to reduce its global workforce by 15,000. The tech giant faces financial challenges and seeks to regain its competitive edge in the AI and chip manufacturing landscape.