Intel Layoffs 2025 Folsom

Intel Layoffs 2025 Folsom. More Intel Layoffs YouTube In 2023, Intel laid off around 750 employees from their Folsom campus including 230 around Dec According to a report from ijiwei, citing CTech, Intel continues to reduce its workforce as part of the extensive cost-cutting measures it introduced in 2024, with no clear indication of when the layoffs will conclude.

Intel warns officials it plans 343 layoffs at its Folsom campus
Intel warns officials it plans 343 layoffs at its Folsom campus from www.kcra.com

The full impact of Intel's layoffs on Folsom remains to be seen, but should it be significant, the community is prepared to adapt through challenging times, according to. 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.

Intel warns officials it plans 343 layoffs at its Folsom campus

The full impact of Intel's layoffs on Folsom remains to be seen, but should it be significant, the community is. The Folsom layoffs are part of Intel's broader effort to trim costs by $10 billion in 2025 This is the second round of layoffs made at the Folsom campus within the last year

Dell Technologies Layoffs 2024 Lexi Colette. In August 2023, Intel shared their plans to decrease their workforce by 15% or 15,000 employees. The upcoming layoffs are part of a series of job cuts that have hit the Folsom location over the past three years.

Amn Healthcare Layoffs 2025 Lita. In November, the company announced it would sell its Folsom real estate and lease back a portion of the space, signaling further downsizing FOLSOM — Silicon Valley's Intel announced it will begin a new round of layoffs from its Folsom campus in November.