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Intel, Folsom
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Intel has filed documents revealing that the company plans to lay off as many as 5,000 workers in an effort to make the ...
Updated: Our sources tell us mostly back office staff were let go, and that the mood in the office is very pessimistic ...
FOLSOM — Intel announced that 269 workers at its sprawling campus in Folsom will be laid off in a global restructuring plan. About 6,300 people are currently employed there, and the layoffs r… ...
Intel cut 90 jobs at its Santa Clara headquarters around the same time. The company’s 1.5-million-square-foot site in Folsom, located on Prairie City Road near Highway 50, is used for research ...
Intel’s position in the industry has slumped badly. Nevertheless, the company is hugely important to Oregon as one of its largest private employers.
Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful choices to right the ship.
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