Intel to Cut 529 Oregon Jobs, Mostly at Jones Farm

Intel will permanently lay off 529 employees across multiple Oregon campuses, with the majority—450 jobs—being eliminated at the Jones Farm Campus in Hillsboro, starting July 15, 2025. Most affected positions are in software and engineering, and no union workers are impacted. Employees will receive either at least 60 days' notice or a severance package including nine weeks of pay and benefits. The layoffs, led by new CEO Lip-Bu Tan, are part of a global cost-cutting and restructuring effort that could eventually affect up to 20% of Intel's workforce. The company aims to streamline operations, reduce organizational complexity, and regain competitiveness in the semiconductor industry. Intel cites empowering engineers as a motivation for these changes.