Intel Layoffs April 2025

Intel Layoffs April 2025. Intel Layoffs What to Know NBC Bay Area In August 2024, Intel unveiled its restructuring strategy, targeting a 15% reduction in its global workforce Intel layoffs are a much-needed sacrifice for survival in 2025

70 Layoff Statistics 2025 — Yearly Data
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Intel's new CEO, Lip-Bu Tan, takes charge on March 18, 2025, replacing interim leaders after a bruising year Intel now aims to trim $10 billion by the end of 2025, according to Gelsinger.

70 Layoff Statistics 2025 — Yearly Data

With Intel facing a tough financial period, Tan's arrival comes at a critical juncture as the company navigates challenges in its chip-making and AI businesses. Under Gelsinger, Intel's headcount swelled by at least 20,000 employees, only for the company to later announce layoffs affecting over 15% of its workforce Intel layoffs are a much-needed sacrifice for survival in 2025

Intel plans major layoffs this month as PC sales nosedive Report. The upcoming layoffs in 2025 now build on last year's workforce reduction of 15,000 jobs In November, the company announced it would sell its Folsom real estate and lease back a portion of the space, signaling further downsizing

Intel Announces New Wave of Layoffs, Implementing On Its Restructuring Policy. Meanwhile gross capital expenditures, a significant expense for Intel in recent years as the company has built up its fab network, are projected to drop from $25 billion to $27 billion for 2024. The Folsom layoffs are part of Intel's broader effort to trim costs by $10 billion in 2025