Intel

Intel, the major semiconductor company, has significantly expanded its layoffs, now exceeding 5,000 employees across the United States as of mid-July 2025. This downsizing, part of a broader restructuring to reduce costs and simplify operations, more than doubled initial estimates in key locations. The cuts are concentrated in California and Oregon, affecting over 1,900 workers in Santa Clara and Folsom, and nearly 2,400 in Hillsboro. Additional layoffs occurred in Arizona and Texas. The company, aiming to become leaner and more efficient, began implementing these workforce reductions in July 2025.

Intel on 2025-06-24.

Intel is preparing to lay off up to 20% of its global factory workforce, a sweeping restructuring within its foundry division that marks one of the deepest cuts in the company's history. The layoffs, largely effective in July 2025, are driven by affordability challenges and a strategic shift under CEO Lip-Bu Tan to create a leaner, more focused company. This move signals a dramatic rethinking of Intel's manufacturing footprint, impacting hundreds of employees at its critical Kiryat Gat plant in Israel, which employs around 4,000 people. The semiconductor giant, which employs 9,350 people in Israel overall, is undertaking this difficult action to address its current financial position and future competitiveness.

Intel laid off 22,000 employees representing approximately 20% of its workforce on 2025-04-23.

Intel, the largest employer in Folsom, California, is laying off another 58 employees at its Folsom campus, with the cuts expected by March 31, 2025. This latest reduction is part of the company's ongoing cost-cutting strategy in response to stagnant sales and heightened competition. The Folsom site, which once employed over 6,000 people in 2018, now has fewer than 4,000 workers, reflecting a significant downsizing over recent years. These layoffs align with Intel's broader restructuring plan, which aims to cut approximately 15,000 jobs globally. The company is also selling its 150-acre Folsom campus in a sale-leaseback deal to free up capital, further signaling its strategic shift in the competitive semiconductor industry.

Intel laid off 15,000 employees representing approximately 15% of its workforce on 2024-08-01.

Intel, the semiconductor giant, has initiated a new round of layoffs impacting approximately 62 positions within its Sales and Marketing Group at its Santa Clara, California headquarters. This move is part of an ongoing reorganization aimed at streamlining operations and reducing costs, following CEO Pat Gelsinger's 2022 announcement to cut up to $10 billion in spending by 2025 amid a slowdown in demand. The layoffs, disclosed in an April 4 state filing, are set to take effect starting May 25. While the exact percentage of total employees affected is not specified, Intel emphasizes its commitment to supporting impacted staff and continuing its strategic transformation in the competitive chip industry.

Intel laid off 311 employees in California just before the holidays, with 235 positions cut at its Folsom offices and 76 at its Santa Clara headquarters, effective December 31, 2023. This represents a small fraction of its global workforce of about 110,000. The layoffs are part of Intel's broader cost-cutting strategy, aiming to reduce annual spending by $3 billion in 2023 and $10 billion by 2025, following a challenging fiscal year that began with significant losses. The semiconductor giant has also canceled several projects and product lines to streamline operations and accelerate its strategic goals amid competitive pressures.

In May 2023, Intel initiated a new round of layoffs, primarily targeting its client computing and data center groups, following earlier workforce reductions in October 2022. The company is cutting 140 research and development positions in California, with 89 employees affected at its Folsom campus and 51 in Santa Clara. These cuts are part of Intel's broader restructuring efforts to streamline operations and reduce costs amid shifting market demands and competitive pressures in the semiconductor industry. As a major player in the tech sector, Intel continues to adjust its workforce while investing in strategic areas like AI and advanced packaging to maintain its market position.

Intel has initiated a new round of layoffs, affecting an unspecified number of employees as part of its ongoing restructuring efforts to streamline operations and reduce costs. The exact scale and percentage of the workforce impacted have not been publicly detailed, but the move aligns with the company's broader strategy to enhance competitiveness in the semiconductor industry. This adjustment reflects the challenging market conditions and Intel's focus on optimizing its business structure for future growth.

Intel, the Santa Clara-based semiconductor giant, has initiated layoffs in California, cutting 201 positions as part of a broader effort to reduce costs by up to $10 billion by 2025. The layoffs, set to begin on January 31, affect 111 employees in Folsom and 90 in Santa Clara, where the company is headquartered. While the total number of employees at Intel is not specified in this report, the layoffs represent a small fraction of its global workforce. The company is also implementing a voluntary unpaid leave program for thousands of factory workers worldwide to manage short-term expenses amid an unpredictable economy and a significant decline in net income and sales. This move reflects the challenges in the competitive chip market, with Intel aiming to streamline operations while positioning itself for long-term growth.

Intel is reportedly planning major layoffs, likely affecting thousands of jobs, but specific numbers, dates, and reasons are not detailed in the article.