[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  RedboxGlobal [@RedboxWire](/creator/twitter/RedboxWire) on x 39.4K followers Created: 2025-07-19 04:56:13 UTC ⚠️ Intel to Cut XXXXX More Jobs in Oregon Amid Major Restructuring, CEO Admits AI Miss Intel has announced a sweeping new round of layoffs, eliminating XXXXX jobs in Oregon, bringing its total U.S. cuts to nearly XXXXX positions. Oregon—home to Intel’s massive Hillsboro campus—will be hit hardest, with 1,500+ roles axed at Ronler Acres alone. The cuts are part of CEO Lip-Bu Tan’s bold turnaround plan, as Intel struggles with years of market decline, missing out on the AI chip boom now led by Nvidia. Tan bluntly admitted, “We are not in the top XX semiconductor companies anymore,” and acknowledged being “too late to compete in AI training.” Intel will now exit the automotive chip business, slash XX% of Foundry jobs, and outsource global marketing to Accenture. The layoffs are expected to send economic shockwaves through Oregon, where Intel jobs average $180K annually. Local officials are rolling out emergency support programs, while public scrutiny grows over Intel’s $260M in annual tax breaks. Intel says Oregon remains key to its future, but analysts are watching to see if Tan’s restructuring can restore its relevance in a fast-moving AI-driven chip race. --End XXXXX engagements  **Related Topics** [coins ai](/topic/coins-ai) [chapter 11](/topic/chapter-11) [Post Link](https://x.com/RedboxWire/status/1946433875384967200)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
RedboxGlobal @RedboxWire on x 39.4K followers
Created: 2025-07-19 04:56:13 UTC
⚠️ Intel to Cut XXXXX More Jobs in Oregon Amid Major Restructuring, CEO Admits AI Miss
Intel has announced a sweeping new round of layoffs, eliminating XXXXX jobs in Oregon, bringing its total U.S. cuts to nearly XXXXX positions. Oregon—home to Intel’s massive Hillsboro campus—will be hit hardest, with 1,500+ roles axed at Ronler Acres alone. The cuts are part of CEO Lip-Bu Tan’s bold turnaround plan, as Intel struggles with years of market decline, missing out on the AI chip boom now led by Nvidia.
Tan bluntly admitted, “We are not in the top XX semiconductor companies anymore,” and acknowledged being “too late to compete in AI training.” Intel will now exit the automotive chip business, slash XX% of Foundry jobs, and outsource global marketing to Accenture.
The layoffs are expected to send economic shockwaves through Oregon, where Intel jobs average $180K annually. Local officials are rolling out emergency support programs, while public scrutiny grows over Intel’s $260M in annual tax breaks. Intel says Oregon remains key to its future, but analysts are watching to see if Tan’s restructuring can restore its relevance in a fast-moving AI-driven chip race.
--End
XXXXX engagements
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