The company said the layoffs will be driven by investment priorities, skills assessments and performance, and ruled out voluntary exits or buyouts

Next month’s layoffs will take place at Intel sites around the world but could have an especially big effect in Oregon.

US tech giant Intel is reportedly planning to reduce its factory workforce by 15% to 20%, impacting its manufacturing operations, reported OregonLive citing an internal memo. This decision, communicated by vice president Naga Chandrasekaran,