Intel laid off another 669 employees in Oregon on Thursday, November 13, according to filings with state workforce officials, marking the latest round of cuts in a difficult year for the chipmaker. Combined with the 2,400 Washington County job cuts announced in July, Intel's total workforce reduction in the state has now surpassed 3,000 for 2025. The company's Oregon headcount has fallen to roughly 16,000—its lowest level since 2012.

Most of the latest layoffs occurred at Intel's factories in Hillsboro and Aloha, including more than 300 factory technicians. Filings indicate that all four of Intel's major Oregon sites were affected, with cuts heavily concentrated in manufacturing.

Intel's manufacturing arm remains central to its challenges. Once the semiconductor industry's most advanced producer, the company lost its process leadership several years ago and has since fallen behind competitors with superior performance and energy efficiency. As a result, Intel is losing market share in both personal computers and data centers, while also missing the ongoing boom in artificial intelligence due to its lack of cutting-edge AI chips.

The company forecast about $52 billion in revenue for 2025—down sharply from $79 billion in 2021—highlighting the scale of its retreat.

CEO Lip-Bu Tan announced last summer that Intel would eliminate 15,000 jobs worldwide as part of a broad effort to cut costs and reduce layers of management that he argued were hindering innovation. Intel said the Oregon cuts are a continuation of the restructuring that began in July.

"These targeted actions, while difficult, are part of our efforts to strengthen our position for long-term success and support the future growth of our business," Intel said in a written statement. "We are committed to treating all impacted employees with respect and providing resources to support them through this transition."

Employees who joined an all-company meeting earlier this week said Tan discussed Intel's business outlook but did not mention that more layoffs were imminent.

Despite the federal government's sizable backing—including an $8.9 billion investment in August that made the Trump administration Intel's largest shareholder—the financial support has not halted the company's downsizing. Intel also received a $5 billion investment from Nvidia last summer and a $2 billion stake purchase from Japan's SoftBank. As of the end of September, Intel held more than $30 billion in cash and short-term investments, indicating the company is not in immediate financial distress.

Intel's stock fell 5.2% on Thursday, closing at $35.91, before the company publicly disclosed the Oregon layoffs. Over the past year, the stock has traded between $17.67 and $42.48.

The company maintains that the restructuring is necessary to restore competitiveness—but for thousands of Oregon employees, the transition is already being felt.