Intel to lay off 15% more staff by year-end and scale back foundry investments.....

(siliconAngle, July 24) Intel Corp. said today it’s going to shrink its workforce by an additional 15% by the end of the year, as part of its previously announced efforts to create a “faster-moving, flatter and more agile” organization.The chipmaker said it plans to end the year with a “core workforce” of about 75,000 staff, which would mean it loses almost a third of its employees in a space of about 12 months. The reductions will come via layoffs and attrition, the company said (See link for details).

https://siliconangle.com/2025/07/24/intel-lay-off-15-more-staff-year-end-scale-back-foundry-investments/