Intel: 24,000 jobs cut
Intel has announced plans to lay off 24,000 employees as part of a significant restructuring effort. The company aims to streamline operations and has cited overinvestment in new factories without sufficient demand as a key reason for the cuts. This reduction represents approximately 22% of its workforce, which totaled 109,800 at the end of 2024.
Conservative
0
Core Estimate
18,000
Upper Bound
24,000
Sources
Intel q2 2025 leave germany poland costa rica – Breaking News & Latest Updates 2026
Intel q2 2025 leave germany poland costa rica – Breaking News & Latest Updates 2026 The homepageThe Verge logo. The homepageThe Verge logo. News Tech Intel # Intel is laying off 24,000 employees and retreating from some countries Intel will push out 24,000 people over the full year. It’s already laid off thousands. Intel will push out 24,000 people over the full year. It’s already laid off thousands. by Sean Hollister Jul 24, 2025, 8:29 PM UTC Image: Alex Castro / The Verge Sean Holl