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Stockreport

Intel Cuts Over 500 Jobs in Oregon as Part of Layoff Plan [Yahoo! Finance]

NVIDIA Corporation (NVDA)  More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Most Read from Bloomberg Are Tourists Ruining Europe? How Locals Are Pushing Back Denver City Hall Takes a Page From NASA Can Americans Just Stop Building New Highways? Philadelphia Trash Piles Up as Garbage Workers' Strike Drags On The Oregon job reduction will hit facilities in Aloha and Hillsboro starting on July 15, Intel said in a regulatory filing. The layoffs are expected to eliminate about 529 employees on a permanent basis. The latest disclosure follows an announcement in California, where 107 employees were let go at Intel's Santa Clara headquarters. Under new Chief Executive Officer Lip-Bu Tan, Intel embarked on a plan in April to slash jobs and reduce operating expenses. The company hasn't given a total figure for the cuts, but a person familiar with the matter has put the amount at more than a fifth of staff. The Oregon announcement helped lift the stock as much as 6.9% in New York trading. Intel shares had climbed nearly 10% in 2025 before Tuesday's move, [Read more]

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Stockreport

Intel Cuts Over 500 Jobs in Oregon as Part of Layoff Plan [Yahoo! Finance]

NVIDIA Corporation  (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Most Read from Bloomberg Are Tourists Ruining Europe? How Locals Are Pushing Back Denver City Hall Takes a Page From NASA Can Americans Just Stop Building New Highways? Philadelphia Trash Piles Up as Garbage Workers' Strike Drags On The Oregon job reduction will hit facilities in Aloha and Hillsboro starting on July 15, Intel said in a regulatory filing. The layoffs are expected to eliminate about 529 employees on a permanent basis. The latest disclosure follows an announcement in California, where 107 employees were let go at Intel's Santa Clara headquarters. Under new Chief Executive Officer Lip-Bu Tan, Intel embarked on a plan in April to slash jobs and reduce operating expenses. The company hasn't given a total figure for the cuts, but a person familiar with the matter has put the amount at more than a fifth of staff. The Oregon announcement helped lift the stock as much as 6.9% in New York trading. Intel shares had climbed nearly 10% in 2025 before Tuesday's move, [Read more]

IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
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Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS