Summary:
- Intel, a major computer chip manufacturer, has announced that it will lay off 2,400 workers in Oregon. This is a significant reduction in their workforce in the state.
- The layoffs are part of a larger restructuring plan by Intel to cut costs and adapt to changes in the technology industry. The company is facing challenges due to a slowdown in the personal computer market.
- The job losses will have a significant impact on the local economy in Oregon, where Intel is a major employer. The company has been a key player in the state's "Silicon Forest" technology hub.