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Intel cuts 3,100 at its biggest hub as CHIPS billions go to Ohio
Intel's decision to cut 3,100 jobs at its largest U.S. hub while steering fresh federal subsidies toward a new mega-site in ...
The Daily Overview on MSNOpinion
Intel's biggest hub loses 3,100 jobs as CHIPS billions go to Ohio
Intel is cutting 3,100 jobs at its largest U.S. hub in Oregon just as billions of dollars in CHIPS Act subsidies are being ...
Intel eliminated 1 in every 8 jobs across its Oregon workforce last year, reducing its local headcount by 3,000 positions as it sought to cut costs after a steep and sustained drop in revenue. The ...
The semiconductor company Intel isn’t based in Oregon, but it does have large manufacturing facilities in Hillsboro and Aloha. Although the company received $8.5 billion in federal subsidies, it says ...
Intel plans to eliminate 20,000 jobs or more across the company, Bloomberg reported Tuesday night, citing an anonymous source familiar with the chipmaker’s plans. The cutbacks would follow massive ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Intel told the Business Journal ...
One of Oregon’s largest private employers is permanently cutting over 500 jobs, according to a notice filed with the state. Global computer chip firm Intel will lay off 529 engineers, technicians and ...
PORTLAND, Ore. — Monday's surprise retirement of Intel CEO Pat Gelsinger is the latest in a series of signs of headwinds for the industry giant, which is facing an increasingly challenging business ...
Intel has released a statement to workers regarding a round of layoffs across its Intel Foundry unit in Oregon, which are expected to begin in mid-July. Though there are no estimates as to how many ...
"For Intel, the significance of securing advanced process orders from Apple far exceeds the actual contribution of this order ...
Taiwan raided homes belonging to an Intel vice president on Thursday, investigating the possibility he improperly took trade secrets when he left Taiwan Semiconductor Manufacturing Co. earlier this ...
Intel Corp. today revealed the scope of its latest infusion to keep its factories cutting-edge and push the chip industry’s pace: an investment of up to $8 billion to build a new factory in Oregon and ...
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