Categories: Oregon News

Intel begins layoffs to become ‘leaner, faster, more efficient company’

PORTLAND, Ore. (KOIN) – Intel has begun layoffs in an effort to become what the company calls a “more lean and efficient” company.

The tech giant told KOIN 6 News the decision is part of the new CEO’s vision for the future that was outlined in April 2025

A spokesperson for Intel shared the following statement:

“As we announced earlier this year, we are taking steps to become a leaner, faster and more efficient company. Removing organizational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution. We are making these decisions based on careful consideration of what’s needed to position our business for the future, and we will treat people with care and respect as we complete this important work.”

Stay with KOIN 6 News as we continue to follow this story.

rssfeeds-admin

Share
Published by
rssfeeds-admin

Recent Posts

Stolen Money Routed Through French Fintech Accounts In New Cybercriminal Scheme

Organized cybercriminal groups are abusing freelancer-focused fintech platforms in France to create verified mule accounts…

6 minutes ago

Hackers Use Lotus Wiper To Destroy Drives In Energy Sector Cyberattack

Kaspersky researchers have uncovered a previously undocumented destructive malware campaign targeting Venezuela’s energy and utilities…

7 minutes ago

Malicious Namastex npm Packages Spread TeamPCP-Like CanisterWorm Malware

A new npm supply chain incident has raised fresh concern for software teams after researchers…

7 minutes ago

DinDoor Backdoor Abuses Deno and MSI Installers To Evade Security Tools

Runtime code environments such as Node.js and Python have long been targets for threat actors…

7 minutes ago

Iranian Espionage Operations Linked To CastleRAT and ChainShell Malware Suite

Recent threat intelligence has uncovered a direct operational link between Iran’s MuddyWater espionage group and…

8 minutes ago

CrowdStrike LogScale Vulnerability Lets Remote Attackers Read Arbitrary Server Files

CrowdStrike has disclosed a critical vulnerability in its LogScale platform that could allow remote attackers…

8 minutes ago

This website uses cookies.