Major layoffs for Intel have now come for their Rio Rancho location, where more than 200 people will lose their jobs in the coming months. Rio Rancho Mayor Gregg Hull said even though it’s a tough blow to the community,

Intel is set to lay off 227 workers in Rio Rancho, according to a WARN notice filed with the New Mexico Department of Workforce Solutions.

Intel reported $12.9 billion in revenue for its second quarter, which was $1.1 billion above initial projections, according to the earnings call.

At least one employee at Intel’s Rio Rancho, N.M.-based site has received a layoff notice, according to KOAT.com. Earlier this week, the employee showed KOAT.com the layoff notification, which ...

Intel announced last year its plans to reduce its global workforce but there is no indication employees in New Mexico are losing their jobs.

Intel employs 107,000 workers worldwide and about 2,600 in Rio Rancho.

Intel told its factory workers this month that it will begin laying off workers in mid-July, and that “initial” cuts will conclude by the end of that month. “We have been taking action to ...

Intel posted a loss of $821 million in the quarter ending March 31, 2025, on revenue of $12.7 billion. That widened from a loss of $437 million, also on $12.7 billion in revenue, during the same ...

The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about higher losses, additional layoffs, and the scaling back of Intel’s foundry business.