Bad news for employees of this company as it plans to fire over 5,000 workers due to…, not Ratan Tata’s TCS, Narayana Murthy’s Infosys, Amazon, Google, Microsoft, it is…

Intel, one of the world’s largest chipmaking companies, plans to lay off more than 5,000 employees in the United States as part of an ongoing restructuring initiative aimed at reviving its struggling business. According to Manufacturing Dive, which cited updated Worker Adjustment and Retraining Notification (WARN) filings, the layoffs will likely affect employees in California, Oregon, Arizona, and Texas.

Where will the job cuts hit hardest — which US states are impacted?

Based on the California WARN filings, the job cuts in Santa Clara and Folsom are estimated to be doubled, totalling 1,935 employees. Layoffs began on July 11 in Folsom and July 15 in Santa Clara.

In an email on July 9, Intel, as cited by Manufacturing Dive, stated, We are taking steps to become a leaner, faster and more efficient company… Removing organizational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution.”

Intel has laid off 107 employees in its Santa Clara, California, headquarters facility. Layoffs were expected starting on July 15, according to a WARN notice issued by the company.

Furthermore, Intel has announced it will be closing its Munich, Germany-based automotive chip division, according to The Oregonian. The Oregonian obtained an internal company memo that indicated that “Intel plans to wind down the Intel architecture automotive business,” and that layoffs were to follow for most staff in the division impacted by the planned closure.

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