Intel Layoffs
June 2025
Intel announced a layoff affecting 0 employees in June 2025. The company operates in the Hardware sector.
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Jun 17, 2025
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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.
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