logo
Intel confirms it is laying off not 4,000 but 5,000 employees this week

Intel confirms it is laying off not 4,000 but 5,000 employees this week

India Today17-07-2025
Intel has confirmed it is laying off more than 5,000 employees across the United States this week, a significant increase from the nearly 4,000 job cuts that were earlier estimated. The revised numbers were revealed in updated filings made under the Worker Adjustment and Retraining Notification (WARN) Act, according to a report by Manufacturing Dive. The largest share of job losses is in Oregon and California. In California, Intel has reportedly doubled its layoff estimates to 1,935 employees. In the Oregon unit, where Intel is the state's biggest private employer, the company has apparently increased its layoffs fourfold, now planning to cut 2,392 jobs.advertisementThe chipmaker has also raised the number of layoffs in its Arizona office to 696. These updated figures bring the total number of confirmed layoffs across the four states to over 5,000.This round of job cuts is part of a major restructuring plan under new CEO Lip-Bu Tan. He is pushing for a leaner, more efficient Intel, after the company lost ground in recent years to semiconductor rivals. Intel has said the layoffs are aimed at reducing organisational complexity and helping the company better serve customers. In Oregon alone, the cuts affect about 12 percent of Intel's local workforce. Employees being let go include engineers working on chip design, cloud software, and manufacturing, as well as some senior leaders such as business heads and a vice president of IT. The internal foundry division, which handles chip manufacturing, is expected to be among the hardest hit, with up to 20 percent of its staff facing job loss, according to a leaked memo that was cited by The Oregonian in a report last week.
If these layoffs follow the same pattern and process as the previous recent layoffs by the company, then they will be offered as voluntary exits or early retirements. Affected workers will also receive either a 60-day or a four-week notice, along with nine weeks of pay and benefits.In a recent statement, Intel CEO also said that the company's internal culture is being shifted too. He said that leadership will no longer be defined by the size of a person's team. Instead, the company wants to focus on smaller, high-performing teams. Some of Intel's marketing functions will be outsourced to Accenture, which may use AI tools to manage parts of customer communication.These layoffs in 2025 by Intel come after the company let go of 15,000 employees in 2024. In a statement, Intel has recently said that the decision to lay off staff was made after 'careful consideration' and promised to treat those impacted 'with care and respect.' - Ends
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

FRA approved fees for 695 colleges after deadline, claims student body
FRA approved fees for 695 colleges after deadline, claims student body

Hindustan Times

time4 hours ago

  • Hindustan Times

FRA approved fees for 695 colleges after deadline, claims student body

MUMBAI: A youth organisation has accused Maharashtra's Fee Regulatory Authority (FRA) of violating state law by approving fee proposals from nearly 695 unaided professional colleges well past the statutory deadline of October 31, 2024. FRA approved fees for 695 colleges after deadline, claims student body In a letter to the principal secretary of the higher and technical education department, Yuva Sena — the youth wing of Shiv Sena (UBT) — alleged that the FRA's decision flouts provisions of the Maharashtra Unaided Private Professional Educational Institutions (Regulation of Admission and Fees) Act, 2015. Kalpesh Yadav, state joint secretary of Yuva Sena, cited Clause 14 of the Act, which mandates that colleges submit their fee proposals by October 31 for the next academic year beginning in June. 'If an institute misses this deadline, it cannot revise or hike fees for the upcoming academic year,' Yadav said, adding that colleges can only challenge FRA's decision within 15 days, and FRA must deliver a final verdict before March 31. 'This year, the FRA repeatedly extended the deadline even after October 31 and has now allowed submissions until August 15. This is a blatant violation of the law,' Yadav claimed. He warned that if the state government fails to intervene, Yuva Sena is prepared to seek judicial remedy. Responding to the allegations, FRA member Adv. Dharmendra Mishra acknowledged the statutory timelines but defended the authority's actions. He said the FRA's internal norms require colleges to seek annual fee approvals to ensure transparency and prevent unjustified hikes. 'Colleges are allowed to skip one year of revision — but only without increasing fees. In all other years, they must approach FRA for approval. If we reject late submissions outright, colleges might sidestep the process entirely and impose arbitrary fees on students,' Mishra said. He explained that the FRA accepts late submissions with penalties to ensure fees remain regulated. Mishra also disclosed that one college has filed a petition in the High Court challenging the FRA's functioning and the constitutional validity of the Act itself. 'The matter has been pending for four years, but we are clear: all colleges must come to us annually for fee regulation. We will also recommend changes to the Act to formalise this requirement,' he added. Directors missing from key FRA meetings Yadav further raised concerns about poor departmental representation in FRA meetings. 'As per the law, directors of technical and medical education departments are ex-officio FRA members. But they have skipped at least 205 meetings where college fees were finalised,' he said. Another FRA member, while confirming these absences, said stronger departmental participation is essential for a more robust and accountable regulatory framework.

Gulmarg's famous 137-year-old Nedous hotel served eviction notice
Gulmarg's famous 137-year-old Nedous hotel served eviction notice

The Hindu

time7 hours ago

  • The Hindu

Gulmarg's famous 137-year-old Nedous hotel served eviction notice

After 137 years, the famous Nedous Hotel, owned by the in-laws of the ruling National Conference (NC) founder Sheikh Muhammad Abdullah, in Gulmarg was served an eviction notice on Saturday (August 2, 2025). 'In exercise of powers conferred under the Jammu & Kashmir Public Premises (Eviction of Unauthorised Occupants) Act, 1988 and in compliance with the orders of the Hon'ble High Court J&K and the Hon'ble Supreme Court of India, it is hereby ordered that the persons presently in unauthorised occupation of the public premises known as Hotel Nedou's, Gulmarg, are hereby directed to vacate the public premises forthwith and handover the possession,' the eviction notice, issued by the Estates Officer Gulmarg, reads. The District Magistrate, Baramulla, has been requested 'to provide all necessary support including the deployment of a Magistrate on site and adequate police personnel, to ensure the peaceful execution of the eviction process and maintenance of public order'. The Nedous had possession of nearly 98 kanals and 11 marlas of government land. The family had earned multiple leases from the government till 1985, but failed to renew the same after its expiration in 1985. The J&K government rejected the lease in February 2015. Later, the J&K High Court too dismissed the hotel's plea for lease renewal and declared an unauthorized occupant under the J&K Public Premises (Eviction of Unauthorized Occupants) Act, 1988. 'After due examination of the relevant record and legal provisions, it has been found expedient to proceed with eviction and take over possession of the said property in compliance with the directions of the Hon'ble Supreme Court and Hon'ble High Court of Jammu & Kashmir,' the eviction notice reads. According to the Nedous, Michael Adam Nedou, a European, discovered Gulmarg in north Kashmir's Baramulla district In the early 1800s as a holiday destination for Europeans and royalties built the Nedous Hotel in Lahore in the 1870s and in Gulmarg in 1888. Nedou's eldest son Harry Nedou married Mir Jaan, a woman of Rajput Gujjar descent from Gulmarg. Their daughter, Akbar Jahan, later married NC founder Sheikh Muhammad Abdullah. At present, the sons of Harry Nedou inherited the family business of Nedous Hotels in India and Omar K. Nedou is the proprietor and owner of Nedous Group of Hotels. The Nedous are related to current Chief Minister Omar Abdullah.

MahaRERA says both physical and virtual hearings available after HC directive on hybrid option
MahaRERA says both physical and virtual hearings available after HC directive on hybrid option

Time of India

time10 hours ago

  • Time of India

MahaRERA says both physical and virtual hearings available after HC directive on hybrid option

Pune: Maharashtra Real Estate Regulatory Authority (MahaRERA) on Saturday said it already offers both physical and virtual modes of hearing complaints, allowing parties to appear in person whenever such requests are made by them. Tired of too many ads? go ad free now The statement follows a recent Bombay High Court directive asking MahaRERA to resume hybrid hearings, underlining that access to justice must include the option of physical presence. "We have been offering physical hearings as part of our regular functioning for those who opt for it. While virtual hearings are more commonly preferred, we do not deny physical hearings to anyone," a senior MahaRERA official told TOI. The court's directive came during the hearing of a petition filed by homebuyer Mayur Desai, who approached the high court seeking restoration of hybrid hearings and faster execution of orders pending since March 2024. Justices Revati Mohite Dere and Neela Gokhale observed that "access to justice is not merely about providing virtual access but ensuring that parties also have the right to appear physically." While MahaRERA's counsel submitted that physical hearings are available upon request, the court expressed concern over the perceived emphasis on virtual-only proceedings when most courts have already resumed hybrid hearings. It also directed the authority to review its April 2025 circular and standard operating procedures concerning urgent listings, enforcement of orders, case mentions, and pronouncement of reserved orders. MahaRERA officials said the authority has been conducting in-person hearings regularly. "Over the past six months, 81 complaints were heard physically across seven sessions by the chairperson, and another 19 matters were heard twice in person. Tired of too many ads? go ad free now One matter was heard twice by the full bench," the official said. In a bid to improve efficiency and accessibility, the authority has introduced several procedural reforms. These include pronouncement of orders through pre-notified cause lists with advance intimation to parties, and attendance duly recorded. Circular No. 34(A), issued on April 8, 2025, permits out-of-turn listing of urgent matters, such as life-threatening illnesses, court-directed cases, or applications for rectification. Moreover, on MahaRERA's recommendation, the state govt appointed revenue recovery officers in six districts with high pendency through a govt order issued on April 22, 2025. MahaRERA officials said these steps are part of its broader efforts to build a transparent, efficient, and citizen-friendly grievance redressal system under Real Estate (Regulation and Development) Act, 2016. Over the last six months, MahaRERA had disposed of 3,002 complaints. "There is demand for physical hearings, mainly from lawyers who practice exclusively in MahaRERA. The rest of the legal fraternity generally prefers virtual hearings due to their convenience. Senior counsels from the high court now frequently appear before MahaRERA virtually, raising the quality of arguments and adjudication," said a homebuyer. Advocate Godfrey Pimenta, trustee of Watchdog Foundation and a regular participant in MahaRERA-related cases, said online hearings work well for simpler RERA matters but added that more complex matters may require physical hearings for credibility assessment. "A well-balanced hybrid model ensures dignity, efficiency, and fairness. I've argued RERA cases from Dallas and London—virtual platforms save time, reduce costs, and make document filing easier," he said. --- **BOX: MahaRERA Complaint Statistics (as of March 2025)** * **Total complaints filed: 29,222 * **Complaints disposed of: 21,520 (73.64%) * **Pending complaints:7,702 * **Non-compliance applications filed: 4,865 * **Disposed: 4,596 (94.47%) * **Pending: 269

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store