Intel to eliminate 2,392 Oregon jobs by mid-July amid cost-cutting drive

[Redaktion]

Intel will cut 2,392 jobs at its largest Oregon site by mid-July as CEO Lip-Bu Tan ramps up cost reductions amid falling sales and manufacturing delays.

https://www.notebookcheck.net/Intel-to-eliminate-2-392-Oregon-jobs-by-mid-July-amid-cost-cutting-drive.1057342.0.html

[Observing]

Pretty big news for the area. They say 1/5 jobs is tied to Intel's economy in this area. Losing ~12% of employees will have a pretty significant impact on the Portland Metro area.