Intel To Lay Off 15% Of Workforce, Cut Strength To 75,000 Employees By Year-End

📰 Intel Layoff 2025: Workforce to Shrink to ~75,000 by Year‑End

Figure 1 

Introduction

Intel Corp. has announced a sweeping workforce reduction under new CEO Lip‑Bu Tan. The company plans to slash approximately 15% of its core staff, bringing its total headcount down to ~75,000 employees by the end of 2025, from about 99,400–99,500 as of June 28, 2025.

Layoff Overview

Metric	Details
Workforce (Q2 2025 end)	≈ 96,400 core employees
Layoffs Percentage	~15% via direct layoffs
Total Reduction	~21,400–25,000 including attrition
Year‑End Target Headcount	~75,000 employees
Workforce Reduction Total	≈ 22‑24% vs end‑2024 strength

Why the Layoffs?

➤ Financial Strain & Operational Performance

Intel reported a US $2.9 billion net loss in Q2 2025, fueled largely by restructuring expenses (~$1.9B), amid flat revenue around $12.9 billion.

➤ Strategic Restructuring under New CEO

Lip‑Bu Tan has launched a cost‑discipline strategy: trimming middle management layers, halting speculative fab expansions, and realigning manufacturing capacity to demand‑driven execution.

Quotes include:

“This is about streamlining the organization… no more blank checks.”
“We are making hard but necessary decisions to drive accountability.”

➤ Foundry Overhaul & Realignment

Intel is implementing layoffs across key manufacturing centers—especially in Oregon, California, Arizona and Texas—targeting 15–20% of factory and foundry staff. It is also canceling planned factories in Germany and Poland and consolidating packaging operations from Costa Rica to Vietnam and Malaysia.

Implementation & Geography

July 2025: notices served at Santa Clara HQ and major campuses in Oregon, Arizona, and California; Oregon layoffs revised upward to ~2,400 jobs.
Overall global job reduction estimated between 21,000 and 25,000 by year-end, including attrition and other measures.

Broader Industry Context

Intel’s layoffs reflect a wider mega‑trend in tech industry restructuring—with rivals like Microsoft, Meta, Amazon, and Google adopting cost controls, layoffs, and headcount discipline in response to slowing revenue, over-hiring, and increased AI competition Tom's Hardware.

Conclusion

Intel’s workforce reduction is confirmed and strategic:

Target is ~75,000 employees by Dec 2025 (~15% layoffs, adding ~5–10% via attrition).
Decision is tied to restructuring, financial turnaround, and demand-driven manufacturing under CEO Tan.
Major cuts are underway across U.S. manufacturing sites, with broader global impact tied to halted expansion projects.

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✅ Final Takeaway

Yes, this news is verified by reliable media and company disclosures. Intel is executing a major business transformation—cutting jobs, overhead, and future capex, while refocusing on engineering agility and competitive relevance in a fast-changing semiconductor market.