In a fresh round of layoffs, Intel is ditching over 300 employees across three offices in California, including in critical sectors like AI, GPU software, and cloud computing.
This move is in line with the cost-cutting schemes of Intel, as it faces ongoing economic turmoil like any other company. Informing the affected employees beforehand terminations start from August 31st onwards.
Dumping Staff in Key Areas
Intel has been constantly laying off employees since earlier this year owing to the harsh economic conditions and competition. The latest in this pursuit is cutting 315 jobs across three offices in California, including in critical areas like AI, cloud computing, and software development for GPUs.
Intel disclosed the affected employees beforehand as required by California’s Worker Adjustment and Retraining Notification (WARN) Act. The disclosure to California’s Employment Development Department notes the termination of employees starts on August 31st onwards, while some will be moved to new positions internally.
As per a regulatory filing in January,
Intel had 131,900 employees as of the end of 2022, with more than 13,500 being from California. And the fresh terminations split between 175 employees from Santa Clara headquarters, 89 in Folsom, and 51 in San Jose.
Impacted roles include 11 GPU software development engineers, two graphics hardware engineers, an engineering manager, and four engineers working on AI software. Further, 28 engineers and architects working on cloud software and solutions, as well as a general manager and an Intel fellow (considered the most prestigious title given to a technical employee).
Though it’s hard, Intel CEO Pat Gelsinger has earlier said the company would take such extreme measures of layoffs to balance its resources, provided a weakening demand following the COVID-19 pandemic. Investments will now be poured into leadership, technology development, and increasing efficiency at Ohio and Germany plants.