Intel is set to reduce its global workforce by more than 24,000 employees by the end of 2025, marking one of the company’s most significant restructurings in recent years.
Oregon Live reports that Intel, the world’s largest semiconductor manufacturer, revealed Thursday that it is nearing completion of a sweeping round of layoffs that will see its workforce shrink by approximately 22 percent compared to mid-2025 levels. The company, which employed around 96,000 people at the end of June, expects to lay off around 24,000 employees, finishing the year with about 75,000 after accounting for job cuts, attrition, and the sale of its Altera…
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