Intel has announced it will lay off more than 500 workers at its Hillsboro, Oregon campus, marking another round of cuts as the tech giant works to reshape its business in a rapidly evolving semiconductor market.
The affected roles span across various departments, and the decision is part of a larger cost-cutting strategy aimed at improving efficiency and profitability. The company has been facing increased pressure from global competition, rising production costs, and shifting demand within the chip industry.
Oregon is home to Intel’s largest and most advanced manufacturing site, and while the company says it remains committed to the region, the layoffs reflect a need to refocus resources and align with long-term strategic goals.
This move follows similar workforce reductions across the tech industry, as companies adjust to slower growth, economic uncertainty, and the need to invest in next-generation technologies like AI chips and foundry services.
Employees impacted by the cuts will receive severance packages and transition support, though the news adds to growing concerns about job security in a sector once seen as a pillar of stability.
As Intel looks to reposition itself in the global chip race, these layoffs may be just one step in a broader transformation of how the company operates.
