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Time of India
2 days ago
- Business
- Time of India
Intel to begin laying off factory workers in July; here's what the company said
Representative Image Intel is set to begin laying off factory workers at its Silicon Forest campus in Oregon starting mid-July. The initial round of layoffs is expected to be completed by the end of the month. However, the chip-making company has indicated that further reductions may be implemented if deemed necessary. According to a report by Oregon Live, Intel informed its employees of this decision this week. An internal message sent to staff at Intel's production facilities outlined a restructuring within the Intel Foundry manufacturing group. This reorganisation aims to shift the group's focus more towards engineering and technical roles, implying a reduction in middle management positions. While specific figures for the number of affected employees have not been provided yet, the company's message suggests that the decision is official. Intel noted that these measures are a necessary step to enhance its financial position. What Intel said about laying off factory workers In a statement sent to Tom's Hardware, Intel wrote: 'As we announced earlier this year, we are taking steps to become a leaner, faster and more efficient company. Removing organisational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution. We are making these decisions based on careful consideration of what is needed to position our business for the future, and we will treat people with care and respect as we complete this important work.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Pinga-Pinga e HBP? Tome isso 1x ao dia se tem mais de 40 anos Portal Saúde do Homem Clique aqui Undo In December 2024, Intel's employee headcount stood at 108,900, about 15,000 fewer than under CEO Pat Gelsinger's cuts last year, the report notes. The company's Oregon sites were no exception, which cut roughly 3,000 jobs but retained about 20,000 employees. Intel has not specified how many roles will be trimmed at Intel Foundry. However, staff in other divisions told Oregon Live that they anticipate similar cuts, with each unit free to implement layoffs independently as long as they meet their cost-reduction goals. Intel's Oregon site hosts the company's D1X and D1D fabs, which, despite heavy automation, depend on engineers, technicians, operators, analysts, and support staff. Critical roles like process engineers and high-skill technicians for EUV lithography are vital and may not be eliminated, the report adds. Samsung Galaxy Book 5 Pro Review: Built for Real Work AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Yahoo
2 days ago
- Business
- Yahoo
Intel to lay off fab workers in mid-July — company aims to refocus on more engineering talent
When you buy through links on our articles, Future and its syndication partners may earn a commission. Intel will start to lay off its fab personnel at its Silicon Forest campus in Oregon from the middle of July, the company wrote to its employees this week, according to Oregon Live. The first round will conclude by the end of that month, but the company may perform another round of layoffs if it deems necessary. An internal message sent to employees at Intel's production facilities outlined that the company is restructuring its Intel Foundry manufacturing group to make it more focused on engineering and technical roles (i.e., cutting middle management). While no exact figures were provided, the communication acknowledged the seriousness of the decision and claimed it as a necessary step to improve the company's financial position. "As we announced earlier this year, we are taking steps to become a leaner, faster and more efficient company," a statement by Intel sent to Tom's Hardware reads. "Removing organizational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution. We are making these decisions based on careful consideration of what is needed to position our business for the future, and we will treat people with care and respect as we complete this important work." As of December 28, 2024, Intel's workforce comprised 108,900 people, down around 15,000 eliminated under the previous chief executive Pat Gelsinger last year. Intel's Oregon facilities were not an exception and eliminated around 3,000 jobs, yet maintained a headcount of around 20,000. Intel did not announce how many positions it plans to cut at Intel Foundry. However, people from other divisions indicated to Oregon Live that they expect similar reductions, though each unit would be allowed to manage the process independently as long as they meet specific cost-reduction targets. Oregon is home to some of Intel's most advanced production facilities, including D1X and D1D fabs used to develop, test, and perfect the upcoming process technologies. Despite high levels of automation of modern semiconductor fabrication facilities, even advanced fabs like Intel's D1D and D1X in Oregon still rely on a diverse workforce that includes process and equipment engineers, technicians, operators, analysts, and a variety of support staff. The most critical roles, such as engineers who develop and maintain cutting-edge process technologies, and high-skill technicians who manage complex equipment like EUV and High-NA EUV lithography systems, are essential to fab operations and unlikely to be affected by layoffs without risking delays in technology development or production uptime. However, Intel may reduce headcount among roles that have become more redundant due to automation or operational streamlining. These include fab operators, administrative staff, logistics personnel, and lower-skill technicians in highly automated areas. On the one hand, by targeting non-core functions and consolidating support roles, Intel can cut costs while preserving the technical expertise needed to keep its most advanced manufacturing lines running. On the other hand, cutting lower-skilled personnel may reduce operational flexibility, slow response times during equipment issues, and increase workload for remaining employees. Keeping in mind that these fabs run 24/7, even small delays in maintenance or logistics can lead to costly downtime. Nonetheless, it looks like for Intel, desperate times call for desperate measures. Follow Tom's Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button.
Yahoo
2 days ago
- Business
- Yahoo
Intel to lay off fab workers in mid-July — company aims to refocus on more engineering talent
When you buy through links on our articles, Future and its syndication partners may earn a commission. Intel will start to lay off its fab personnel at its Silicon Forest campus in Oregon from the middle of July, the company wrote to its employees this week, according to Oregon Live. The first round will conclude by the end of that month, but the company may perform another round of layoffs if it deems necessary. An internal message sent to employees at Intel's production facilities outlined that the company is restructuring its Intel Foundry manufacturing group to make it more focused on engineering and technical roles (i.e., cutting middle management). While no exact figures were provided, the communication acknowledged the seriousness of the decision and claimed it as a necessary step to improve the company's financial position. "As we announced earlier this year, we are taking steps to become a leaner, faster and more efficient company," a statement by Intel sent to Tom's Hardware reads. "Removing organizational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution. We are making these decisions based on careful consideration of what is needed to position our business for the future, and we will treat people with care and respect as we complete this important work." As of December 28, 2024, Intel's workforce comprised 108,900 people, down around 15,000 eliminated under the previous chief executive Pat Gelsinger last year. Intel's Oregon facilities were not an exception and eliminated around 3,000 jobs, yet maintained a headcount of around 20,000. Intel did not announce how many positions it plans to cut at Intel Foundry. However, people from other divisions indicated to Oregon Live that they expect similar reductions, though each unit would be allowed to manage the process independently as long as they meet specific cost-reduction targets. Oregon is home to some of Intel's most advanced production facilities, including D1X and D1D fabs used to develop, test, and perfect the upcoming process technologies. Despite high levels of automation of modern semiconductor fabrication facilities, even advanced fabs like Intel's D1D and D1X in Oregon still rely on a diverse workforce that includes process and equipment engineers, technicians, operators, analysts, and a variety of support staff. The most critical roles, such as engineers who develop and maintain cutting-edge process technologies, and high-skill technicians who manage complex equipment like EUV and High-NA EUV lithography systems, are essential to fab operations and unlikely to be affected by layoffs without risking delays in technology development or production uptime. However, Intel may reduce headcount among roles that have become more redundant due to automation or operational streamlining. These include fab operators, administrative staff, logistics personnel, and lower-skill technicians in highly automated areas. On the one hand, by targeting non-core functions and consolidating support roles, Intel can cut costs while preserving the technical expertise needed to keep its most advanced manufacturing lines running. On the other hand, cutting lower-skilled personnel may reduce operational flexibility, slow response times during equipment issues, and increase workload for remaining employees. Keeping in mind that these fabs run 24/7, even small delays in maintenance or logistics can lead to costly downtime. Nonetheless, it looks like for Intel, desperate times call for desperate measures. Follow Tom's Hardware on Google News to get our up-to-date news, analysis, and reviews in your feeds. Make sure to click the Follow button. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
