Intel reportedly to lay off 140 employees in the US

In the course of this year, a total of 226,000 employees have been let go by tech companies, and it seems that this trend of layoffs is not going to end anytime soon. Chip maker Intel is back with a fresh round of layoffs. The company is laying off around 140 employees in the US.

Intel has fired around 89 employees in Folsom and 51 employees in San Jose. The company has revealed that the fresh round of layoffs is part of cost reduction. The new layoffs have affected professionals from various engineering and software roles. The company is reportedly laying off 10 GPU software development engineers, eight system software development engineers, six cloud software engineers, six product marketing engineers,