Intel is implementing another round of layoffs, eliminating 67 positions at its Folsom facility. These job reductions are scheduled to begin in early November and will affect various technical, engineering, management, and business-related roles. This announcement follows Intel's recent decision to retain ownership of its Folsom campus instead of selling it. The company has been undergoing significant restructuring and cost-cutting measures for several years. These latest cuts continue a trend of workforce reductions at the Folsom site.
Folsom, California
https://folsomtimes.com/intel-announces-new-folsom-layoffs-67-jobs-to-be-eliminated/