Intel recently laid off 311 employees across two campuses in California, 235 from Folsom and 76 from its headquarters in Santa Clara. These layoffs were announced on Nov. 3 and were scheduled to begin on Dec. 31, lasting over two weeks.
Intel is one of the world’s largest and highest-valued semiconductor chip manufacturers. With over 7,000 employees, Intel’s Santa Clara location is the largest employer in Silicon Valley; and with over 5,300 employees, its location in Folsom is one of Sacramento’s largest employers.