Intel Foundry layoffs could impact 'more than 10,000' factory workers — one fifth of employees affected by 'enormous cutback'
- Posted on June 17, 2025
- By Yahoo News
- 2 Views
Intel Foundry layoffs could impact 'more than 10,000' factory workers — one fifth of employees affected by 'enormous cutback'
Intel plans to cut 15%-20 % of its global fab network workforce — between 8,170 and 10,890 employees — to reduce costs, but this risks operational agility and potentially jeopardizes federal and state funding.
