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tech company Intel announced this week that it plans to cut 15% of its Global Workforce and as many as 3,000 jobs here in Oregon could get asked this is all ing to a tech business reporter at The Oregonian Intel is the stateamp;#39;s second largest private employer so the cuts will likely have a ripple effect the company has reportedly struggled and fell behind competitors when it came to making AI chips at the same time itamp;#39;s expanding operations in Ohio Arizona in Oregon But ultimately Q2 Revenue was down 1% and is projected to get worse with Oregonian reporter Mike rogaway saying it appears the company felt it had no choice but to cut jobs and so theyamp;#39;re in a a tough spot and no Wall Street wouldnamp;#39;t take it on a on a call uh last night with employees the way Intelamp;#39;s executive explained it is the the company would just have to take on unsustainable debt to to keep spending the way it has been without growing revenues so they had to make these cuts to t
