Intel confirms upcoming round of layoffs

It's the first time Intel has given any indication of how many people it plans to lay off

Sign at Intel's campus in Hillsboro, Oct. 16, 2014. (KOIN 6)
Sign at Intel's campus in Hillsboro, Oct. 16, 2014. (KOIN 6)

PORTLAND, Ore. (AP) – The chief executive of Intel has confirmed that the company has an upcoming round of layoffs, although he did not say exactly how many people will lose their jobs.

The Oregonian reports that CEO Brian Krzanich said in a memo to employees Tuesday that the layoffs will involve “generally no more than a few hundred employees” at any site.

It’s the first time Intel has given any indication of how many people it plans to lay off. A previous internal memo to managers reviewed by The Oregonian indicated that the company planned to minimize discussion of the layoffs.

But Krzanich says he felt obligated to respond after media reports about the cuts.

Intel declined to comment on Krzanich’s memo or elaborate on its layoff plans.

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