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Intel plans to sell, lease back its sprawling Folsom campus

The expansive Folsom Intel (Nasdaq: INTC) campus includes 1.5 million square feet of office, test floor and lab space through seven large buildings, and is one of the company’s largest sites. Intel spokeswoman Addy Burr confirmed the company intends to list the Folsom campus for sale, and lease back the space it needs.

Sacramento Bee on MSN · 21h

Intel to sell, lease back Folsom campus real estate

Following hundreds of layoffs at its site in Folsom, Intel confirmed plans to list the real estate of its campus there for sale and lease back part of the space, amid a broader cost-reduction effort for the Santa Clara-based tech company.

Oregonian · 1d

Intel will sell 150-acre campus in California, assessing future of 50-acre Hillsboro site

The chipmaker is reducing its real estate holdings around the world as it works to cut $10 billion in spending.

Hillsboro Herald1d

Intel Announces They May Sell Off Hawthorne Farms And Time Is Running Out On Last Big CHIPS Act Opportunity

Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded TSMC Arizona Corporation (TSMC Arizona), a subsidiary of Taiwan Semiconductor Manufacturing Company ...

Hosted on MSN23d

After Folsom layoffs, Intel reports $16.6 billion loss. CEO says most job cuts are done

Weeks after announcing plans to cut hundreds of jobs across California, including 272 in Folsom and 47 in San Jose, Intel leaders signaled Thursday that the reductions are largely over.

16don MSNOpinion

Folsom’s rejection of a sales tax measure is a stunning rebuke of its leadership elite | Opinion

A citizens-backed initiative that funds popular city services is trailing badly in ballot counting. Trump’s angry national ...

CRN1y

Intel Laying Off Over 500 In California, Says More To Come

In the third letter, dated January 13, Intel unveiled plans to lay off an additional set of workers, approximately 167 people, in Folsom, Calif., and said it anticipates further layoffs at that ...

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