Based on news reporting.
Intel Corporation has confirmed plans to cut over 24,000 jobs this year as part of a significant workforce reduction strategy. This decision comes amid ongoing challenges in the semiconductor industry and aims to streamline operations and improve financial performance. The layoffs are part of a broader restructuring effort to adapt to changing market conditions. Specific details regarding the timeline and locations of the job cuts have not been disclosed yet. The company is taking these measures to ensure long-term sustainability and competitiveness in the market.
Intel Corporation cut 25,000 jobs as of January 1, 2026.
That is roughly 20.1% of the 124,100 people Intel Corporation employs.
LayoffTalk has tracked 94 layoff events at Intel Corporation since October 2023, affecting a combined 91,466 employees.
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Estimated figure based on news reporting. Not yet confirmed by Intel Corporation.
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