A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.

Intel has decided to slash over 1,000 jobs in California — more than 700 of which are in the Bay Area — as the longtime chipmaker embarks on a restructuring. Layoffs began in the South Bay July 15 and were slated to be completed by the end of the month,

Intel is gearing up to slash thousands of employees in multiple regions. Earlier it was estimated that the company would cut around 4k jobs. The upcoming layoffs that will impact engineers, senior leaders,