Intel Corp. plans to lay off up to 20% of its manufacturing workers in July, but New Mexico officials have not yet sounded the alarm about hits to the chipmaker’s local operations.
The company is targeting job reductions between 15% and 20% in manufacturing operations, with most cuts taking place in July, according to a June article from The Oregonian. The news follows Intel CEO Lip-Bu Tan’s appointment to the role in March and the announcement the following month that layoffs were coming.
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