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Intel Corp., major Arizona employer, to cut 15% of its workforce

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Intel Corp., major Arizona employer, to cut 15% of its workforce


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Intel Corp., one of Arizona’s largest employers, announced plans to cut about 15% of its global workforce as part of a massive restructuring triggered by weak financial results.

Intel, headquartered in Santa Clara, California, currently ranks as Arizona’s 11th-largest nongovernmental employer, with 13,000 employees as of last year’s Repubic 100 special report. 

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The company announced the cuts, designed to save $10 billion, after the stock market closed Thursday.

It was not immediately clear how the cuts would affect its Chandler operation.

“Simply put, we must align our cost structure with our new operating model and fundamentally change the way we operate. Our revenues have not grown as expected – and we’ve yet to fully benefit from powerful trends, like AI. Our costs are too high, our margins are too low,” Intel CEO Pat Gelsinger said in a note to employees Thursday.

“We need bolder actions to address both – particularly given our financial results and outlook for the second half of 2024, which is tougher than previously expected.”

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He said the company would offer a companywide “enhanced retirement offering” for eligible employees and an application program for voluntary departures. 

Intel received up to $8.5 billion in federal grants as part of a preliminary agreement announced by President Joe Biden and Commerce Department officials during a visit to Arizona on March 20. The funding was earmarked to rebuild America’s technological leadership in semiconductors. The government could make up to $11 billion in loans available as well, plus a federal investment tax credit of up to 25% of certain expenses.

The agreement called for construction of two new leading-edge logic fabs and modernization of one existing fab at Intel’s Chandler campus. That would significantly increase leading-edge capacity, including high-volume domestic production of Intel 18A, the company’s most advanced chip design.

Intel has operations in Arizona, Oregon, New Mexico and Ohio in the U.S. and in countries around the world.

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This is a developing story. Return to azcentral.com for updates.



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Person accused of making terroristic threats to medical facility in northern Arizona

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Person accused of making terroristic threats to medical facility in northern Arizona


PAGE, AZ (AZFamily) — A person accused of making terroristic threats toward a northern Arizona medical facility was arrested Friday morning.

Just after 10:30 p.m., police received a report of a person calling the facility and threatening to kill staff and Native Americans, according to the Page Police Department.

Authorities said staff placed the facility on lockdown until officers identified the suspect and arrested them outside their home.

The suspect was booked on charges of disorderly conduct, threatening and intimidating, and making terroristic threats. Police have not publicly identified the person.

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“The Page Police Department is grateful for and supports the medical staff’s decision to put the medical facility into lockdown until the suspect was arrested and the situation was rendered safe,” the department said in a Facebook post.

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Copyright 2026 KTVK/KPHO. All rights reserved.



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NFL mock draft: 4-round projections for Arizona Cardinals

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NFL mock draft: 4-round projections for Arizona Cardinals



In these four-round projections, the Arizona Cardinals don’t get a tackle until the fourth round.

We are just days away from the 2026 NFL draft, and that means some final mock drafts. What direction will the draft take the Arizona Cardinals?

Draft Wire’s Curt Popejoy put together a four-round mock draft for the Cardinals. They go defense early but rebuild the offense for 2026 and moving forward, including landing their potential franchise quarterback.

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Cardinals 4-round mock draft

Here are the players in the first four rounds Popejoy projects for Arizona.

  • Round 1: Ohio State EDGE/LB Arvell Reese
  • Round 2: Alabama QB Ty Simpson
  • Round 3: Clemson WR Antonio Williams
  • Round 4: Florida OT Austin Barber

What we think of the picks

The Cardinals want to trade out of the third pick and draft a tackle, so not getting a tackle until Round 4 seems unlikely, although they did meet with Barber. They do have options at right tackle for 2026 already on the roster.

Reese would be a great pick if they don’t trade back, as they badly need pass-rushing help off the edge.

Drafting Simpson seems inevitable at this point, so it has to be in a mock draft, although the feeling is they will need to go up into Round 1 again to get him.

Williams has speed and is almost six feet tall, but he does have short arms.

Get more Cardinals and NFL coverage from Cards Wire’s Jess Root and others by listening to the latest on the Rise Up, See Red podcast. Subscribe on Spotify, YouTube or Apple podcasts.

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Detroit Lions NFL Draft Injury Report: Arizona State CB Keith Abney

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Detroit Lions NFL Draft Injury Report: Arizona State CB Keith Abney


Due to significant injuries to the CB position last year which includes a shoulder surgery for Terrion Arnold, the Lions CB position scored a 6/10 need on my Lions Defensive Draft Need Rankings. Thus, an early-round selection of a young, healthy prospect like Keith Abney would not come as a surprise. He enters the draft with very low medical concern level.

Here is the excerpt from my medical report on Keith Abney:

(Ages in parentheses are at start of 2026 season and are factored into the concern level. Injury info and ages based on available public information are unverified and subject to update. Games played data courtesy of sports-reference.com.)

Keith Abney, CB (21) – Arizona State

Projected round 2-3. #43 on Jeff Risdon board Feb 19.

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Concern level 0/10

There is an isolated report of a hand injury but no corroborating information. Even if the hand injury is true, that’s of minimal to no long-term concern.

His availability in his final two seasons has been perfect. Overall, Abney appears to be medically clean and is at an excellent age.

He finished college with 6 INT and 21 PBU.

For more Lions coverage, follow us on X, @TheLionsWire, and give our Facebook page a likeFollow Jimmy on X, @JimmyLiaoMD

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