Intel (INTC) is cutting more than 500 positions in Oregon, according to a WARN Notice. The layoffs, which are expected to eliminate about 529 employees on a permanent basis, follow an announcement in California, where 107 employees were let go at the company’s headquarters in Santa Clara. The Oregonian previously reported that Intel planned to cut 15%-20% of factory staff from July “to meet our affordability challenges and current financial position.”
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