HILLSBORO
Semiconductor giant Intel
Corp., which employs 17,000 Oregonians, announced plans
to cut its workforce by 10%, a total of 10,500 jobs. Details
about the layoff were sparse, but more than 1,000 local jobs
could be in jeopardy. The layoffs, planned to cut costs amid
strengthening competition in the semiconductor industry, are
the biggest in Intel’s history and may be among the
largest in the state’s history.
