In a significant move that underscores the turbulent state of the global semiconductor and tech job market, Intel Corporation has announced plans to lay off 24,000 employees in 2025.
The job cuts โ nearly 13% of Intel’s global workforce โ are part of the companyโs broader restructuring plan aimed at improving operational efficiency and realigning priorities in a rapidly shifting tech landscape.
Sources close to the development suggest that the layoffs will span across departments, including hardware, support, and R&D, with certain roles impacted more heavily in the U.S., Europe, and Asia.
Why Itโs Happening:
Intel has been facing mounting competition from AMD, NVIDIA, and Appleโs in-house chip developments. Despite aggressive investments in AI and next-gen fabrication facilities, the companyโs profit margins have shrunk, prompting this large-scale cost-cutting initiative.
โThis is one of the hardest decisions weโve had to make,โ an internal memo from Intel CEO Pat Gelsinger reportedly read. โBut itโs necessary to ensure long-term sustainability and innovation.โ
Intel has indicated that the resources saved will be redirected toward:
- Advanced chip design & AI computing
- Expansion of U.S. fab construction (Ohio, Arizona)
- Strategic acquisitions and R&D in high-growth areas
The layoffs are expected to roll out in phases throughout 2025, with severance packages, reskilling opportunities, and job placement support being extended to affected employees.
