Intel Layoffs 2025 Folsom . Mass layoffs and spending cuts dominated towards the end of 2022. So which tech sectors will be This is the second round of layoffs made at the Folsom campus within the last year In August 2023, Intel shared their plans to decrease their workforce by 15% or 15,000 employees.
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Once employing over 6,000 people in 2018, the site now reportedly has fewer than 4,000 workers This is the second round of layoffs made at the Folsom campus within the last year
Intel Layoffs 2024 Folsom Mindy Merrile the City of Folsom is committed to supporting its workforce 28, some 230 employees were laid off from the Folsom plant, marking almost 750 employees laid off. the City of Folsom is committed to supporting its workforce
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Intel begins layoffs and offers unpaid leave to manufacturing workers MarketWatch . In November, the company announced it would sell its Folsom real estate and lease back a portion of the space, signaling further downsizing 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.