
Intel announced that it will lay off 1,300 employees in Oregon in November

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Intel Corporation announced that it will lay off 1,300 employees in Oregon, starting on November 15, 2024. This layoff is part of the company's cost-cutting and efficiency improvement plan, and affected employees have been notified. Intel has more than 20,000 employees in Oregon. Despite facing challenges in the semiconductor industry and a loss of over 1 billion US dollars last year, the company still pledges to expand its business in the state
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