While the changes are happening at four locations, the cuts will largely affect software and hardware engineers, developers and managers at the company’s Jones Farm Campus.

Intel Corp. is cutting more than 500 positions in Oregon as part of a layoff plan that’s ultimately expected to affect roughly 20% of the chipmaker’s staff.

Intel (NASDAQ:INTC) plans to reduce its workforce in Oregon by 529 employees by July 15, in an initial wave of cuts that will eventually add up to thousands, according to The Oregonian. "Removing organizational complexity and empowering our engineers will enable us to better serve the needs of our customers and strengthen our execution,