Intel Layoffs 2024 New Mexico. Department of defense, the company announced earlier this month, which will greatly. Now intel’s plan for massive companywide job cuts is creating uncertainty in rio rancho, one of largest cities in new mexico that grew from a sleepy town to a sprawling area.
Tech giant intel will be shedding more than 15% of its workforce—or over 19,000 employees—as part of a plan to cut $10 billion in costs after it failed to meet quarterly expectations. In january 2024, an intel manufacturing technician at fab 11x in rio rancho, new mexico, holds a small wafer containing intel silicon photonics chips.
