The Intel Corporation (INTC) has announced layoffs in the US and India to help lower expenses. Over the last several years, the company has lagged behind others. big tech, after being a staple in that sector in the early 2000s. As a result, Intel has needed to change up its leadership, cut jobs, and overhaul its business model as a whole. Intel India is a significant part of Intel Corporation, serving as its largest engineering site outside the US. However, reports have emerged that the company is laying off 15-20% of its workforce, affecting thousands of employees. Intel is also laying off several employees in Oregon, USA, according to a Tuesday announcement. Intel plans to eliminate 529 Oregon jobs by July 15, according to a notice filed with state workforce officials. Oregon is Intel's largest site anywhere, employeeing roughly 20,000 people. Additionally, Last month, Intel disclosed plans to lay off 271 employees in California.