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Intel to cut 227 jobs at Rio Rancho plant, ending weeks of speculation
Intel Corp. will eliminate 227 positions at its Rio Rancho facility by September, according to a newly issued Worker Adjustment and Retraining Notification, bringing clarity to weeks of speculation over whether the New Mexico plant would be swept up in the company’s broader layoffs.
Major layoffs for Intel have now come for their Rio Rancho location, where more than 200 people will lose their jobs in the ...
Intel reported $12.9 billion in revenue for its second quarter, which was $1.1 billion above initial projections, according ...
Intel is set to lay off 227 workers in Rio Rancho, according to a WARN notice filed with the New Mexico Department of Workforce Solutions.
At least one employee at Intel’s Rio Rancho, N.M.-based site has received a layoff notice, according to KOAT.com. Earlier this week, the employee showed KOAT.com the layoff notification, which ...
Intel employs 107,000 workers worldwide and about 2,600 in Rio Rancho.
Intel announced last year its plans to reduce its global workforce but there is no indication employees in New Mexico are losing their jobs.
Intel posted a loss of $821 million in the quarter ending March 31, 2025, on revenue of $12.7 billion. That widened from a loss of $437 million, also on $12.7 billion in revenue, during the same ...
Intel told its factory workers this month that it will begin laying off workers in mid-July, and that “initial” cuts will conclude by the end of that month. “We have been taking action to ...
The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about ...
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