#intelceochange
Intel Layoffs 2025: 24,000 Jobs Cut, Factory Projects Cancelled Amid $2.9 Billion Loss
Intel is undergoing one of the largest restructurings in its corporate history as it prepares to cut nearly 24,000 jobs worldwide by the end of 2025. The US-based chip giant confirmed the move as part of a broader effort to reduce costs, following years of inconsistent performance and heavy investment in non-core sectors. This strategic shift is being led by Intel’s new CEO, Lip-Bu Tan, who is known for his aggressive cost-cutting and investment realignm
Intel Layoffs 2025: 24,000 Jobs Cut, Factory Projects Cancelled Amid $2.9 Billion Loss
Intel is undergoing one of the largest restructurings in its corporate history as it prepares to cut nearly 24,000 jobs worldwide by the end of 2025. The US-based chip giant confirmed the move as part of a broader effort to reduce costs, following years of inconsistent performance and heavy investment in non-core sectors. This strategic shift is being led by Intel’s new CEO, Lip-Bu Tan, who is known for his aggressive cost-cutting and investment realignm









