Intel Folsom Layoffs 2024. Intel, the silicon valley chip maker, said on thursday that it would slash more than 15,000 jobs to aid a turnaround plan, as the company tries to recover after a series. Plans to lay off 89 positions at its large folsom campus and cut 51 jobs from san jose offices by the end of the month, the company said wednesday.
In its q2 2024 earnings. — intel is planning to lay off 15% of its workforce and they’re one of the biggest employers in folsom, california.