Intel is gearing up for one of the largest organizational shakeups in its history, with plans to cut over 25,000 positions by the end of 2025. The move comes as the company continues to face financial setbacks, struggles to gain ground in the AI space, and deals with an oversized operational structure.
As reported by The New York Times, the chipmaker intends to reduce its headcount to roughly 75,000 by the close of next year—a steep drop from the 108,900 employees it had at the end of 2024.
Since April 2025, the company has cut around 15,000 jobs:
Since April 2025, the company has already eliminated approximately 15,000 positions—around 15% of its total staff. This follows a similar wave of job cuts the previous year, which also impacted more than 15,000 workers.
Intel ended 2024 with a global workforce of approximately 1.09 lakh employees. However, by the conclusion of 2025, that figure is projected to fall to nearly 75,000 “core staff”—marking a steep reduction of close to 25% in its overall employee base.
The downsizing process is already in motion, involving layoffs and the winding down of certain business units. These shifts are affecting several international operations, with significant impacts seen across sites in the United States, Germany, Poland, and Costa Rica.
Intel posts $2.9 billion net loss in Q2:
The announcement coincided with Intel posting a net loss of $2.9 billion for the second quarter, largely attributed to restructuring expenses tied to its recent cost-cutting initiatives. Quarterly revenue remained unchanged at $12.9 billion. Looking ahead, the company anticipates another loss in the ongoing quarter, estimating revenue to fall between $12.6 billion and $13.6 billion, with a midpoint expectation of $13.1 billion.
“I know the past few months have not been easy,” CEO Lip-Bu Tan wrote in a letter to employees. “We are making hard but necessary decisions to streamline the organisation, drive greater efficiency and increase accountability at every level of the company.”
Tan, who stepped into the CEO role in March, is a former Intel board member and venture investor now leading efforts to restore the company’s edge in the market. Since taking charge, he has focused on streamlining internal processes, boosting the pace of innovation, and tightening financial discipline.
