Intel: 2,400 jobs cut
Intel announced a significant layoff of approximately 2,400 employees in Oregon as part of a broader restructuring strategy aimed at reducing its workforce from 125,000 to 75,000. This move is part of Intel's shift towards a foundry-first model, focusing on manufacturing chips for external customers and investing in AI-focused technologies.
Conservative
0
Core Estimate
960
Upper Bound
1,680
Sources
Intel Layoffs 2026: 2,400 Oregon Jobs Cut as Chipmaker Targets 75,000 Headcount | LayoffReady
Intel Layoffs 2026: 2,400 Oregon Jobs Cut as Chipmaker Targets 75,000 Headcount | LayoffReady Back to Blog Share: # Intel Layoffs 2026: 2,400 Oregon Jobs Cut as Chipmaker Targets 75,000 Headcount If you work in semiconductors, this week's news out of Hillsboro confirmed what Oregon's chip workforce has feared for months: Intel's latest round of job cuts took effect on July 15, 2026, eliminating roughly 2,400 positions across four Oregon campuses. It's the latest — and one of the largest sing