How to Reach your Market in a World Ruled by Generative AI
How to Reach your Market in a World Ruled by Generative AI
5 Steps to Creating Successful Ads

Intel trims manufacturing group with buyouts amid technological and business transformation [Video]

Categories
Global Marketing Strategies

intel_ra4_again.jpg

Intel’s new, seven-story, 1 million-square-foot RA4 building at its Ronler Acres campus in Hillsboro supports its massive D1X research factory.

(Mike Rogoway/The Oregonian)

Intel’s manufacturing group, the heart of the company’s technology and the key element of its Oregon operation, is trimming its workforce through a voluntary buyout program.

The cuts appear modest, and Intel describes them as routine, but those leaving the company include some top executives. The reductions accompany an ongoing technological and business transformation at the chipmaker.

Intel has too much production capacity, with sales stalled due to a broad slowdown in the PC market. And the company is fighting to overcome the laws of physics as it shrinks circuit sizes and approaches a looming transition in its production technology.

Intel’s Ronler Acres site in Hillsboro is the company’s most advanced facility anywhere in the world. Employees say top researchers there haven’t been eligible to participate in past buyouts offers, which Intel calls “voluntary separation packages.” …

How Desire Paths can Transform your Digital Marketing
How Desire Paths can Transform your Digital Marketing
12 Steps to Create Videos