Saturday, June 28, 2025

Intel commences mass layoffs with over 100 Californian workers, together with round 45 engineers in efforts to shed $500 million in working prices this yr

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For many of this yr we have been listening to murmurs of Intel’s plans to drastically cut back its workforce. As of at present we’re beginning to see what the true scope of Intel’s downsizing will likely be, with round 107 workers set to lose their jobs in California. These deliberate firings have been an ongoing story for Intel, having already minimize 5% of its workforce back in 2024.

In accordance with CRN, final Wednesday Intel supplied the discover required by Californian legislation alerting workers to their imminent doom. The staff affected are all linked to the Santa Clara headquarters, and are all part of Intel’s plans to cut back working bills by $500 million over this yr, with the purpose to drop one other $1 billion in 2026.



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