Intel Corporation is laying off 2,392 employees across its Oregon campuses, marking one of the company’s largest workforce reductions in years and a sharp escalation from the 529 job cuts previously reported. The move is part of a sweeping global restructuring effort under new CEO Lip-Bu Tan, who has pledged to streamline operations and reduce complexity amid ongoing financial pressures.
The job cuts will affect roles across Hillsboro, Aloha, Ronler Acres, and Hawthorne Farm2, with Intel’s Jones Farm Campus—a hub for research and development—bearing the brunt, losing over 450 positions. Affected roles include engineers working in chip design, cloud software, and AI development, along with manufacturing technicians, product developers, and senior executives, including a Vice President of IT.
Intel attributed the decision to a “volatile and uncertain macroeconomic environment,” citing a $1.6 billion loss earlier this year. The company is offering impacted workers a choice between a 60-day or four-week notice period, along with nine weeks of pay and benefits. No union involvement has been reported in the layoff process.
The cuts come amid mounting concerns about Intel’s performance and global standing. CEO Tan recently acknowledged the company’s fall from leadership in the semiconductor space, bluntly stating, “We are not in the top 10 semiconductor companies.”
Employee sentiment has been mixed, with many describing the move as “painful but expected.” Internal communications reflected the emotional toll, with Intel’s manufacturing head Naga Chandrasekaran calling the layoffs “difficult actions” necessary to meet affordability goals. Others criticized the lack of voluntary exit packages, a departure from past practices.
The layoffs have triggered broader concerns about the region’s economic stability. With over 20,000 employees in Oregon, Intel remains the state’s largest private employer. Local officials warn of ripple effects in the regional economy, where semiconductor roles average $180,000 annually. Questions are also being raised about Intel’s $260 million in state tax incentives and whether its restructuring undermines commitments made to Oregon.
Intel’s cuts mirror a wider industry trend, with over 62,000 tech jobs lost globally in 2025 as companies adapt to economic headwinds and evolving market demands.
