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International Business Times UK

Technology

Vinay Patel

Intel to Cut Over 2,300 Jobs at Oregon Plant in Bid to Become 'Leaner, Faster and More Efficient'

Intel Corporation Oregon Nvidia Artificial Intelligence Microsoft

Intel's Oregon plant faces over 2,300 job cuts, reflecting a company-wide effort to streamline amid fierce AI competition.

In a strategic move to transform the company into a more agile and effective enterprise, Intel is set to restructure its workforce at its Oregon plant significantly.

Intel, once a market leader, is again reducing its workforce as it eliminates thousands of roles while navigating increasing pressure from artificial intelligence rivals.

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One subscription that gives you access to news from hundreds of sites

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