Intel, Folsom
YAHOO!Finance · 2d
Intel plans to sell Folsom campus a week after laying off hundreds more employees
A week after laying off several hundred more employees in the Sacramento region, global technologies company Intel announced they would sell their Folsom campus. Intel says the sale is part of a company-wide mission to reduce the amount of unused space and “foster greater in-person collaboration.
Yahoo · 2d
Intel to sell research and development campus in Folsom
Silicon Valley-based technology company Intel plans to sell its Sacramento-area campus in a cost-cutting effort, the company confirmed to KCRA 3. A company spokesperson said Intel plans to list its Folsom site for sale and lease back the space it needs.
The Business Journals · 5d
Intel plans to sell, lease back its sprawling Folsom campus
Chip giant Intel Corp. plans to sell its 150-acre campus in Folsom in a sale-leaseback to free up money it has tied up in real estate as it navigates a difficult time for chip sales. The expansive Folsom Intel (Nasdaq: INTC) campus includes 1.
Sacramento Bee · 4d
Intel to sell Folsom campus real estate, lease space in $10B cost-cutting effort
Following hundreds of layoffs at its site in Folsom, Intel confirmed plans to list the real estate of its campus there for sale and lease back part of the space, amid a broader cost-reduction effort for the Santa Clara-based tech company.
in.mashable · 1d
After Layoffs, Intel Has Announced To Sell Its 150-Acre Folsom Campus In $10 Billion Cost-Cutting Effort
Intel is planning selling its 150-acre Folsom campus and reviewing other property holdings as the struggling chipmaker intensifies cost-cutting measures following recent layoffs of 15,000 employees. From Intel inside to outside 😣 — nikunj shah 🇮🇳 (@niku1630) November 26, 2024
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