Intel has revised its layoff figures, now confirming over 5,000 job cuts across the US. The move is part of a broad cost-cutting plan to streamline operations under new leadership., Intel has announced plans to lay off around 5,000 employees as part of its cost-cutting strategy. The majority of the layoffs will take place in California and Oregon. The decision comes as new , Global semiconductor giant Intel is implementing a significant restructuring plan, resulting in over 5,000 layoffs across US locations including California, Oregon, Arizona and Texas. The job cuts , Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are reported to have hit Intel sites across California, Oregon, Texas and Arizona , The chipmaker more than quadrupled its anticipated job cuts in or near Hillsboro, Oregon, and increased its downsizing at Chandler, Arizona, by hundreds., .