intel layoffs

Intel to fire over 21,000 employees: report  

Intel is planning to cut over 20% of its workforce, amounting to over 21,000 employees, this week as part of a drastic restructuring effort under new CEO Lip-Bu Tan, according to a recent Bloomberg report citing sources familiar with the matter.

April 23, 2025
April 23, 2025

Intel to fire over 21,000 employees: report  

Intel is planning to cut over 20% of its workforce, amounting to over 21,000 employees, this week as part of a drastic restructuring effort under new CEO Lip-Bu Tan, according to a recent Bloomberg report citing sources familiar with the matter.