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,

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

Intel reportedly told employees that it plans to lay off 15 percent to 20 percent of workers from its chip manufacturing division, with job cuts expected in other divisions.