Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The semiconductor company had previously disclosed its intentions to cut 20% of its global workforce, which would equate to 21,000 workers worldwide.

Intel, the Bay Area tech giant whose failure to innovate alongside other major chipmakers has turned it into a laggard of the artificial intelligence era, is more than doubling its planned layoffs in California.

Intel is reportedly executing a massive restructuring move that could impact jobs not only across the US, but also in Israel.