One of Oregon’s largest private employers is permanently cutting over 500 jobs, according to a notice filed with the state.
Global computer chip firm Intel will lay off 529 engineers, technicians and other positions at its major campus in Hillsboro and another location in Aloha.
The move is part of Intel’s efforts to become a more efficient company, a spokesperson said in an email to OPB.
“We are making these decisions based on careful consideration of what’s needed to position our business for the future,” the email said, “and we will treat people with care and respect as we complete this important work.”
The affected employees have been notified of the layoffs, or will be soon, according to the notice sent to Oregon officials. James Warner, director of corporate people movement at Intel, said in the required notice that layoffs will take place over a two-week period ending on July 15. Workers are given around four weeks notice, the filing said, and will get pay and other benefits for nine more weeks.
Intel is one of the world’s biggest semiconductor companies with expertise in designing, developing and manufacturing the computer chips essential to modern day electronics. The chipmaker is headquartered in Santa Clara, California, but the Hillsboro campus acts as the company’s research and development hub.
