Sunday, 22 March, 2026
Intel to Cut ~25,000 Jobs in 2025, Shrinking Workforce to ~75,000 Under CEO Tan’s Restructuring
By Isha
Intel plans to reduce its global headcount from roughly 109,000 at the end of 2024 to about 75,000 by the end of 2025—a nearly 23–25% reduction via layoffs and attrition. CEO Lip‑Bu Tan is leading aggressive cost‑cutting and operational streamlining, canceling projects in Germany and Poland, slowing Ohio fab construction, and consolidating operations in Costa Rica into Vietnam and Malaysia, signaling a strategic shift toward fiscal discipline and efficiency.
Read full story at Economic Times