Intel cuts dozens of Bay Area jobs in latest layoffs

(KRON) — Intel has announced dozens of Bay Area job cuts across four different South Bay locations. According to a filing with the Employment Development Department, the chipmaking giant will be laying off a total of 52 Santa Clara employees.

Most people think AI will cause job loss, not growth, according to new survey

Of those, 22 will be at the company’s headquarters on Mission College Boulevard, 5 on 3601 Juliette Lane, 24 at 3601 Juliette Lane, and another single layoff at the company’s Laurelwood Road office.

The layoffs, which are described as permanent, are set to take effect on Sept. 30.

The Intel layoffs come on the heels of recent rounds of layoffs from big tech names like Uber, Oracle, and PayPal.

Intel’s stock price dipped slightly on news of the layoffs…

Story continues

TRENDING NOW

LATEST LOCAL NEWS