Silicon Valley's Intel announced it will begin a new round of layoffs from its Folsom campus in November. Folsom, which is just east of Sacramento, is one of the fastest-growing California cities, and tech jobs are a big reason for it.

Intel Corp. plans to lay off over 300 employees across its Folsom and San José offices by next month. The semiconductor company plans to permanently lay off 272 employees from its facility along Prairie City Road in Folsom and 47 employees from its facility along Innovation Drive in San José,

Intel, the Bay Area chipmaker, is cutting 319 jobs in Northern California as part of its massive 15,000-worker slash. The company is struggling.