Intel layoffs continue with hundreds more jobs cut in Oregon
669 workers are being let go across all four Oregon facilities, with factory technicians bearing the brunt.
Intel carried out another major downsizing in the U.S. over recent days, eliminating 669 jobs across its Oregon operations in a move that extends a year of deep cuts at one of the company’s largest and most strategically important sites.
The new reductions follow the 2,400 positions Intel cut in Washington County in July, bringing Oregon’s total job losses this year to more than 3,000, surpassing the company’s local layoffs for all of last year. Thursday’s layoffs form part of a sweeping cost-reduction campaign announced last summer by CEO Lip-Bu Tan, who pledged to eliminate 15,000 jobs globally in an attempt to revive innovation and simplify layers of management. Intel described the Oregon cuts as a continuation of that plan, though it did not say whether similar actions are taking place in other regions.
“As we announced earlier this year, we are taking steps to become a leaner, faster and more efficient company,” an Intel spokesperson said. “These targeted actions, while difficult, are part of our efforts to strengthen our position for long-term success and support the future growth of our business.”
The job cuts span all four of Intel’s major Oregon sites and fall disproportionately on manufacturing roles, including more than 300 factory technicians. With Thursday’s cuts, Intel’s local workforce drops to roughly 16,000 people, its smallest presence in the state since 2012.
Intel Israel also made significant cuts in manufacturing earlier this year, laying off hundreds of people at the company’s Kiryat Gat plant.
Intel currently employs about 9,300 workers in Israel, its lowest in a decade, with around 4,000 working at the Kiryat Gat plant.
Earlier this month, Intel announced a structural change to its compensation and salary model for all employees in Israel, introducing a permanent increase in base pay. According to an internal email sent to employees, base salaries will rise by approximately 8.2%, resulting in an effective 10% increase in fixed monthly pay.
