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3mo ago

Intel Moves to Slash 20% of Workforce With Over 600 U.S. Layoffs and Munich Chip Unit Closure

Lip-Bu Tan is deploying deep cuts to reshape Intel into a leaner, more efficient semiconductor company

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Intel CEO Lip-Bu Tan speaks May 19, 2025, at the Intel 40th anniversary event before the opening of Computex in Taipei, Taiwan. Intel is cutting hundreds of jobs in California as Tan admits the once-dominant chipmaker has slipped from the top ranks in a brutal AI-driven market.
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Overview

  • A regulatory filing shows 529 positions will be eliminated at Intel’s Aloha and Hillsboro, Oregon facilities starting July 15.
  • Intel notified the Texas Workforce Commission of 110 cuts at its Austin site following earlier layoffs of 107 roles at its Santa Clara headquarters.
  • The company plans to shut down its Munich automotive chip division, exiting software-defined vehicle platforms led by Jack Weast.
  • Under CEO Lip-Bu Tan, Intel aims to reduce management layers and empower engineering teams as part of a 20% global workforce reduction.
  • The restructuring responds to Intel’s record $19 billion loss in 2024 and mounting pressure from competitors such as Nvidia, AMD and TSMC.