Overview

• Intel filed a WARN notice to lay off 107 employees at its Santa Clara headquarters effective July 15 as part of its workforce reduction plan.
• The company is winding down its automotive architecture business and will lay off most staff in that division while ensuring its majority-owned subsidiary Mobileye remains unaffected.
• The restructuring aims to cut operating costs by $500 million in 2025 and $1 billion in 2026 through 15–20% workforce reductions and simplified management layers.
• Intel will outsource its marketing operations to Accenture with an emphasis on AI-driven solutions to streamline promotional activities.
• CEO Lip-Bu Tan’s overhaul is designed to sharpen Intel’s focus on core client computing and data center businesses to boost efficiency and competitiveness against Nvidia and AMD.