Intel plans to sell Folsom campus a week after laying off ... - FOX40
2 days ago · In 2023, Intel laid off around 750 employees from their Folsom campus including 230 around Dec. 28. In August 2023, Intel shared their plans to decrease their workforce by 15% …
Intel to sell Folsom site, lease back portion in newest financial move
6 days ago · Industry pressures fuel Intel’s ongoing cost-cutting. The decision to sell the Folsom campus is the just the latest in a series of moves by Intel to address mounting financial …
Chipmaker Intel announces plans to sell, lease back Folsom ... - CBS News
3 days ago · Chipmaker Intel Corp. announced plans to sell and lease back its Folsom site nearly a month after the technology giant said it would be laying off nearly 300 employees at the site …
Intel to sell Folsom campus and lease back only space it needs
Intel’s CEO said it would deliver $10 billion in cost savings by 2025. Plans to sell the Folsom site come after 272 employees were notified of layoffs last month.
After Layoffs, Intel Has Announced To Sell Its 150-Acre Folsom …
2 days ago · Intel is planning selling its 150-acre Folsom campus and reviewing other property holdings as the struggling chipmaker intensifies cost-cutting measures following recent layoffs …
Intel plans sale and leaseback of its 150-acre Folsom, California ...
3 days ago · The company is set to sell its 150-acre Folsom, California campus, but keep the site operational. Intel plans to keep its Folsom site near Sacramento operational as the facility …
Intel will sell 150-acre campus in California, assessing future of 50 ...
5 days ago · Intel plans to sell its 150-acre campus in Folsom, California, part of a broad effort to cut costs amid flagging sales. The chipmaker said it is also evaluating the future of its 50-acre …
Intel plans to sell, lease back its sprawling Folsom campus
5 days ago · Intel employed 4,300 people in Folsom at the end of 2023, after a series of layoffs in 2023 reduced staffing there by 784 people in the calendar year. Intel has been reducing staff …
Intel to sell, lease back Folsom campus real estate
4 days ago · Intel employed 124,800 worldwide as of December, according to regulatory filings. At the Folsom campus, which in the past has employed around 5,000 people , the company …
Intel announces plans to sell, lease its Folsom site
3 days ago · Chipmaker Intel Corp. announced plans to sell and lease back its Folsom site nearly a month after the technology giant said it would be laying off nearly 300 employees at the site …