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Intel to lay off 67 employees at Folsom, California site
Original: $INTC · Intel to cut 67 employees in California On October 22, 2026, Intel Corporation filed a notice of a permanent lay
Intel filed a notice on October 22, 2026 confirming permanent layoffs of 67 employees at its Folsom, California facility, effective October 31, 2026. The cuts land shortly after the company's third-quarter report, and investors are watching whether further job reductions follow as Intel continues restructuring efforts.
Why now: The layoffs come right after Intel's third-quarter earnings report, fueling speculation about deeper cost-cutting.
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