Tech layoffs 2025: Intel to cut over 500 jobs, impacting several critical positions including software engineers

Intel is preparing to eliminate more than 500 positions in Oregon as part of a sweeping reorganization that may impact up to 20% of its global staff. The layoffs are scheduled to commence on July 15. This development comes on the heels of a previous notification in California, where 107 employees at the company’s Santa Clara headquarters were recently informed of impending job cuts.