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Intel Cuts 2,392 Jobs in Oregon Amid Financial Struggles

7/13/2025

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Summary

Story summary

Intel Corp. will lay off 2,392 employees in Oregon, significantly increasing from the initial estimate of 530, effective July 15.
The layoffs will affect four campuses in Hillsboro and Aloha, with no union representation for those impacted.
CEO Lip-Bu Tan attributes the cuts to financial challenges and the need for operational efficiency.
Intel employs approximately 107,000 people worldwide, including 20,000 in Hillsboro.

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Story summary

Intel Corp. will lay off 2,392 employees in Oregon, significantly increasing from the initial estimate of 530, effective July 15.
The layoffs will affect four campuses in Hillsboro and Aloha, with no union representation for those impacted.
CEO Lip-Bu Tan attributes the cuts to financial challenges and the need for operational efficiency.
Intel employs approximately 107,000 people worldwide, including 20,000 in Hillsboro.