Intel employees layoffs: Intel Confirms Mass Layoffs

Intel Confirms Mass Layoffs , Over 24,000 Jobs To Be Cut This Year Intel hopes to have just 75,000 core employees by year-end, which is about a fourth fewer than what it had at the end of 2024. Intel ’s headcount has already declined from 125,000 employees in 2023 to roughly 109,000 by the end of 2024, and these upcoming cuts will likely reduce that number even further, to below 95,000. The July 2025 cuts represent Intel ’s third major layoff round in under a year. At the same time, CEO Lip-Bu Tan announced that Intel intends to lay off around 15% of its workers, leaving it with about 75,000 employees worldwide by the end of 2025. This news follows layoffs ... Intel has initiated its first round of layoffs under new CEO Lip-Bu Tan, cutting 107 jobs as part of a broader restructuring effort.