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Chipmaker Intel will fire more than 5,500 employees across various states in the United States, according to filings by the company. Earlier estimates had put the number of employees set to be axed at around 4,000.According to Worker Adjustment and Retraining Notification (WARN) filings—declarations companies have to file in certain US states before mass layoffs—Intel workforce in California and Oregon will be the worst hit in the upcoming round of layoffs. The company has doubled its layoff estimates in California to 1,935 employees. In Oregon, where Intel is the biggest private employer, the company is planning to cut 2,932 jobs, four times than initially planned. In Arizona, the company is planning to fire 696 employees.The revised layoff estimates put the overall tally north of 5,500.Under the new chief executive Lip-Bu Tan, Intel is looking to lay off 20% of its workforce to cut costs.
