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UPCOMING · ESTIMATEDPublished Apr 26, 2026

Intel Corporation to Cut Over 24,000 Jobs This Year

EMPLOYEES AFFECTED
24,000
SHARE OF WORKFORCE
~19%
PLANNED DATE
Not disclosed
24,000 OF 124,100 EMPLOYEES

What we know

Location: Germany, Poland, Costa Rica.

A specific layoff date has not been disclosed.

Based on news reporting.

Summary

Intel Corporation has confirmed plans to cut over 24,000 jobs this year as part of a significant restructuring effort. The layoffs are part of the company's strategy to streamline operations and adapt to changing market conditions. While specific locations and departments affected have not been detailed, the scale of the cuts indicates a major shift in the company's workforce. This decision reflects ongoing challenges in the semiconductor industry and aims to improve Intel's competitiveness moving forward.

Intel Corporation cut 24,000 jobs.

That is roughly 19.3% 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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SOURCE
News reporting
View original source ↗

Estimated figure based on news reporting. Not yet confirmed by Intel Corporation.

I
Intel CorporationINTC
Technology · 124,100 employees
94
EVENTS TRACKED
250K
AFFECTED SINCE 2023
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CREATED APR 26, 2026LAST UPDATED JUL 3, 2026