Intel is all set to layoff 25,000 emoyees by the end of 2025, as a part of a major reset. According to New York Times, the company is set to keep its workforce at 75,000.
The cuts will be in the form of layoffs, attrition and other actions. Last year, Intel cut 15,000 jobs and it has already cut 15,000 jobs since April, 2025. The news broke along with the release of its quarterly performance.
The company posted a net loss of $2.9 billion in the second quarter of 2025. Intel now expects a revenue of $13.1 billion, this quarter.
Intel’s new CEO Lip-Bu Tan wrote to the employees saying the company was going through a tough phase. But we are making necessary decisions to streamline the organisation, drive greater efficiency and increase accountability at every level of the company, he said.
The company shelved its plans to build facilities in Germany and Poland. It will slow down construction operations in Ohio. Consolidate operations in Costa Rica and shift operations to Vietnam and Malaysia.
Once a leader in global chip market during personal computer boom, Intel could not keep up with smart phone development and fast-growing artificial intelligence chip segment, now dominated by companies like Nvidia.
The company is now looking at faster progress in manufacturing process and regain market share in AI chips to regain investor confidence.
