Intel Layoffs 2024 Arizona

Intel Layoffs 2024 Arizona. Intel said the investments it is making in these chipmaking. Layoffs will follow soon after and proceed rapidly — intel told employees it will notify all workers facing a layoff by early october.

Phoenix — intel corp., one of the arizona’s largest employers, will cut employees’ compensation across the board as the chipmaker weathers steep declines in its business and braces for a tough. The $8.5 billion given to intel will go toward building plants in arizona, new mexico, ohio, and oregon.