Intel employees layoffs: Intel plans to cut more

Intel plans to cut more than 25,000 jobs as the chipmaker prepares for a major reset, reported The New York Times. The company aims to reduce its workforce to about 75,000 employees by the end of 2025, down from 108,900 at the end of last year. The report says the job cuts will come through a mix of layoffs , attrition, and other actions. Intel , under new CEO Lip-Bu Tan, is implementing significant cost-cutting measures, including slashing approximately 24,000 jobs and abandoning major expansion projects in Germany and Poland. The ... Intel employees layoffs : Intel is gearing up to slash thousands of employees in multiple regions. Earlier it was estimated that the company would cut around 4k jobs. The upcoming layoffs that will ... Intel has initiated its first round of layoffs under new CEO Lip-Bu Tan, cutting 107 jobs as part of a broader restructuring effort.