The tech industry continues to face a challenging year with significant job cuts across major companies. Chipmaker Intel is among them, planning to reduce its workforce by over 25,000 roles as part of a major reset, according to The New York Times. The company aims to bring its total workforce down from nearly 1.09 lakh to approximately 75,000 by the end of 2025.
Intel’s job reductions will occur through a combination of layoffs, employee exits, and other measures. The company has already laid off around 15,000 employees, nearly 15 percent of its workforce, since April 2025. This follows an earlier round of 15,000 job cuts implemented last year.
Despite these changes, Intel remains optimistic about its upcoming revenue. The chipmaker anticipates its revenue for the current quarter to be between $12.6 billion and $13.6 billion, with a midpoint of $13.1 billion. This figure surpasses the $12.6 billion average estimate for the September quarter, as cited by analysts in The New York Times.
Lip-Bu Tan, Intel’s new CEO, addressed the ongoing challenges in a letter to employees, acknowledging the difficult period the company is enduring. He stated, “I know the past few months have not been easy. We are making hard but necessary decisions to streamline the organisation, drive greater efficiency and increase accountability at every level of the company.”
In line with these cost-cutting and efficiency-boosting efforts, Intel has also paused its factory plans in Germany and Poland, slowed down construction at its Ohio site, and is shifting some operations from Costa Rica to Vietnam and Malaysia.
Tan, who took over as CEO in March with prior experience as an Intel board member and venture investor, is focused on helping the company regain its competitive edge by accelerating innovation, improving internal operations, and maintaining tighter financial oversight.
