Intel is laying off 24,000 employees and retreating from some countries

In April, Intel tried to announce the demobilization of workers without announcing the demobilization of workers. “We have not set any goal to reduce the number of employees,” Intel spokeswoman Sophie Metzger told Intel. freedom. But the company has delivered thousands of employees since then – and today, in the company’s 2025 profits to the company, it revealed that Intel will shrink significantly as a result of those workers. Intel says it will back down from the planned projects in Germany and Poland, end assembly and testing in Costa Rica, and ends 2025 with about 75,000 “basic employees” in total.

Intel 109,800 people used at the end of 2024, of whom 99,500 of the “basic employees”, so the company pays about 24,000 people this year-reducing Intel at about a quarter. (She also stripped other works, reducing the largest organization as well.)

Today, in inviting the company’s profits, the CEO of Intel says that Intel has been extracted in the new factories before it secured enough demand, and that its factories have become “fragmented unnecessarily”, and that they need to develop their ability “in the lock step” with real features.

“I do not participate in the belief that if I build it, it will come. Under my leadership, we will build what customers need when they need it, and gain their confidence,” says Tan.

Now, in Germany and Poland, where Intel was planning to spend tens of billions of dollars, respectively, on “Mega-Fabs” would employ 3000 workers, and in a collection and test facility that would employ 2000 workers, “the company will not move forward with planned projects” and it seems to be completely knocking them.

Intel had been in Poland since 1993, however, the company did no Less research and development facilities there is a closure. (Intel had previously pressed Pause on New Germany and Poland projects “about two years” in 2024)

In Costa Rica, where Intel hires more than 3,400 people, the company will “unify assembly and testing in Costa Rica in its largest location in Vietnam.” Metzger says freedom More than 2000 employees in Costa Rica should remain in engineering and companies.

The company also reduces Ohio: “Intel will slow the pace of construction in Ohio to ensure spending on the market demand.” Intel Cfo David Zinsner says that Intel will continue to make investments there, and the construction will continue.

It is not clear whether workers’ layoffs will slow down now after we exceeded in the middle of the year, but today states that “most of the procedures planned in the last quarter to reduce the basic workforce are already completed by about 15 percent.”

To date, partly due to the $ 1.9 billion incurable by Intel to do these workers and restructure, Intel is still losing money in this quarter. It is a $ 2.9 billion losses of $ 12.9 billion of quarterly revenues (which themselves are fixed on an annual basis). Amid the ongoing mutation of artificial intelligence, Intel’s Centre increased in Intel by only 4 percent on an annual basis to $ 3.9 billion, while its computers foil decreased by 3 percent to $ 7.9 billion. Intel’s Foundry Business, as it also causes other clients, increased by 3 percent to $ 4.4 billion.

The company says it is on the right path to reduce its expenses by $ 17 billion over the full year, and that at least one of the next leading laptop chips on the right path, also: “The first Panther Lake processor is still on the right path to start charging later this year, with an additional SKUS in the first half of 2026.”

Intel, Nova Lake, is still on the right path for 2026, according to Tan, and says he “took steps to correct previous mistakes regarding multi -threaded capabilities” in the company’s nuclei. Moreover, Tan says he is responsible for every new chips design with a new policy that it is already valid: “Every major chip design must be reviewed and approved by me before going out.”

Meanwhile, Intel says she is also wandering in the famous lunar lake flakes, but she was expensive in this next quarter.

Tan says he will also announce a new leadership of Intel’s Data Center Business Business in the next quarter, and will participate more in its strategy to solve full artificial intelligence “in the coming months.”

Correction, July 24: We have originally calculated Antimel will climb about 33,000 employees, but the actual total must be closer to 24000. (Intel stated that it will end the year with 75,000 basic employees, but the number 108,900 that we originally compared was the total number of employees in the past year including other relevant companies, not Intel Core Headcount, which was 99,500).