Layoffs are coming to major chipmaker Intel, but Oregon impact is unclear

Intel is trimming its workforce again, with CEO Lip-Bu Tan announcing plans to cut $500 million in costs to make the chipmaker leaner and more agile. After losing over $1 billion in 2023, Intel is targeting bureaucracy and slow decision-making as it tries to reclaim its edge in AI. So what does this mean for paper packaging? Fewer employees and slowed facility upgrades—despite $8 billion in federal funding—signal delays in packaging material procurement for Intel’s domestic expansion. For converters counting on tech-sector volume, this is a red flag: demand forecasts may need a recalibration.https://www.opb.org/article/2025/04/24/layoffs-are-coming-to-major-chipmaker-intel-but-oregon-impact-is-unclear/

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