According to Bloomberg, Intel is expected to announce significant job cuts in the coming days, potentially laying off over 20% of its global workforce. The primary goal of the move is to streamline the company’s management structure and refocus on its core technical strengths. If confirmed, the layoffs would represent the first major decision by new CEO Lip-Bu Tan, who took the helm in March 2025. Tan succeeded Pat Gelsinger, who stepped down amid board dissatisfaction and the failure of his turnaround strategy.
This isn’t the first time Intel has implemented mass layoffs. In 2024, the company cut approximately 15,000 jobs. During the April Intel Vision conference, Tan acknowledged the need to rebuild the company’s engineering talent, improve financial stability, and align its manufacturing operations with market demands.
Intel is scheduled to release its Q1 2025 earnings report on April 24. It’s widely speculated that the restructuring plans may be officially confirmed on that day. As the tech industry intensifies its focus on AI-driven solutions, Intel continues to lose ground to competitors like NVIDIA. The past few years have been particularly challenging, with falling sales and reform attempts failing to yield lasting results.
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