Intel, Folsom

Intel to sell Folsom campus and lease back only space it needs, company says
Intel’s CEO said it would deliver $10 billion in cost savings by 2025. Plans to sell the Folsom site come after 272 employees were notified of layoffs last month.
Chipmaker Intel announces plans to sell, lease back Folsom site in effort to cut costs
Chipmaker Intel Corp. announced plans to sell and lease back its Folsom site nearly a month after the technology giant said it would be laying off nearly 300 employees​ at the site in November.
Intel plans sale and leaseback of its 150-acre Folsom, California campus — releasing capital but maintaining operations and staff
The company is set to sell its 150-acre Folsom, California campus, but keep the site operational. Intel plans to keep its Folsom site near Sacramento operational as the facility c
Intel plans to sell Folsom campus a week after laying off hundreds more employees
A week after laying off several hundred more employees in the Sacramento region, global technologies company Intel announced they would sell their Folsom campus. Intel says the sale is part of a company-wide mission to reduce the amount of unused space and “foster greater in-person collaboration.
Intel to sell research and development campus in Folsom
Silicon Valley-based technology company Intel plans to sell its Sacramento-area campus in a cost-cutting effort, the company confirmed to KCRA 3. A company spokesperson said Intel plans to list its Folsom site for sale and lease back the space it needs.
After Layoffs, Intel Looking To Sell Campuses As Part Of Cost-Cutting Measures
The chipmaker is also evaluating the future of its 50-acre Hawthorn Farm property in Hillsboro, Oregon, and looking into cutting down the footprint of its headquarters in Silicon Valley
Intel plans to sell, lease back its sprawling Folsom campus
The expansive Folsom Intel (Nasdaq: INTC) campus includes 1.5 million square feet of office, test floor and lab space through seven large buildings, and is one of the company’s largest sites. Intel spokeswoman Addy Burr confirmed the company intends to list the Folsom campus for sale, and lease back the space it needs.
Intel will sell 150-acre campus in California, assessing future of 50-acre Hillsboro site
The chipmaker is reducing its real estate holdings around the world as it works to cut $10 billion in spending.
After Layoffs, Intel Has Announced To Sell Its 150-Acre Folsom Campus In $10 Billion Cost-Cutting Effort
Intel is planning selling its 150-acre Folsom campus and reviewing other property holdings as the struggling chipmaker intensifies cost-cutting measures following recent layoffs of 15,000 employees. From Intel inside to outside 😣 — nikunj shah 🇮🇳 (@niku1630) November 26, 2024
Intel to sell Folsom campus real estate, lease space in $10B cost-cutting effort
Following hundreds of layoffs at its site in Folsom, Intel confirmed plans to list the real estate of its campus there for sale and lease back part of the space, amid a broader cost-reduction effort for the Santa Clara-based tech company.
Intel putting 1.5 million square feet of office for sale/leaseback could attract more tech companies
To get a good sales price for its real estate holdings, Intel will likely have to sign long-term leases in the parts it ...
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Intel announces plans to sell, lease its Folsom site
Chipmaker Intel Corp. announced plans to sell and lease back its Folsom site nearly a month after the technology giant ...
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Intel To Reduce Property Holdings Just As It Finalizes $8B CHIPS Act Grant To Build Factories
Intel is finalizing a deal for an $8B grant to build more factories even as it pares back its real estate holdings.