Intel to Lay Off 67 Employees in Folsom
The job cuts at the company's Folsom campus will take effect on Saturday, October 31, 2026.
Updated on Oct. 28, 2026 in Semiconductors
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Intel is cutting 67 positions at its Folsom campus as part of an ongoing corporate restructuring effort to reduce facility costs. These layoffs are scheduled to become effective on October 31, 2026.
Why it matters
The company is actively working to minimize operational expenses across its global and regional facilities. This reduction in the workforce reflects a broader internal strategy to manage costs at the 162-acre site.
Intel has eliminated 427 positions at the Folsom facility since July 2025, adding to 330 initial cuts starting in 2023. In total, over 1,000 workers have been cut from the region since early 2023.
The players
Intel
Intel is a multinational technology company and a primary manufacturer of semiconductor chips headquartered in Santa Clara, California.
The details
The facility, which has been in operation since 1984, remains under the ownership of Intel following the company's September 2026 decision to reverse plans to sell the 162-acre campus. These layoffs are specifically targeted at reducing overall facility overhead.
Timeline
1984: Intel established its Folsom campus.
Early 2023: Intel began regional job cuts.
July 2025: Intel began the latest wave of Folsom facility cuts.
September 2026: Intel decided to retain its Folsom campus ownership.
October 31, 2026: The upcoming effective date of the layoffs.
The Tech Race
The Folsom cuts reflect a wider shift in the semiconductor industry toward streamlining footprint and focusing on core manufacturing efficiency. This follows the pattern established by the 2026 Intel corporate facility reduction program.
These workforce reductions primarily affect local employment numbers and the overall scale of Intel operations within the Folsom community. Residents may observe changes in campus activity levels as the company continues to consolidate its local physical footprint.
The takeaway
Intel continues to refine its workforce and real estate strategy as it navigates ongoing economic pressures. Employees in the tech sector should remain aware of potential restructuring impacts as major companies prioritize cost reduction.
Further reading
For more on the current climate in the chip industry, visit Semiconductors.
Source note: This article includes information reported by Abridged - PBS KVIE.
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